Finance & Insurance

Effective IT governance in financial institutions and insurance companies maximizes the benefits from technology and supports enterprise-wide goals and objectives. Banks, financial institutions and insurance companies today, are increasingly adopting emerging technologies and IT systems that help them deliver services more effectively to their customers. Simultaneously, they are also confronted with challenges involved with the reorganization of IT infrastructure and processes in their efforts to increase operational efficiency. Additionally, a slew of regulations such as SOX, Basel II, FFIEC and GLBA raise the importance of IT governance in effective corporate governance.

My Single Point’s software solutions enable financial institutions and insurance companies to:

• Ensure continuous compliance across multiple regulatory standards
• Control key business processes
• Cope with ever increasing unplanned tasks
• Maintain clear reporting lines with accountability and authority over key processes.
• View well developed IT metrics that enable executive management to make the right decisions
• Maintain quality control over IT processes