A Closer Look at Stefanini’s Investments in Banking

August 17, 2021 by Stefanini

The financial sector is undergoing a profound digital transformation. The digital banking movement that started years ago is continuously intensifying. And in an increasingly digitized environment, there is a need for exemplary customer support and future-facing technological solutions. To meet this requirement, it is necessary to build and establish a strong relationship with a strategic partner.

With more than 30 years of industry experience, our customer-centric approach allows us to personalize our service for your needs. Our ecosystem of innovators inspires new, unique solutions for our clients designed to add business value. In fact, our Topaz Digital Banking product was acknowledged in the May 2021 Gartner “A Banker's Guide to Core Banking Systems for Latin America” report. Further, Topaz has been included in the report’s Top Five Vendors as one of the leading CBS suppliers in Brazil, Central America, Peru and other banking markets in South America by number of installations. 

We spoke with Ailtom Nascimento, Vice President of Global Business, to learn more about Stefanini’s investment in the banking sector.

 

An Interview with Ailtom Nascimento, Vice President of Global Business at Stefanini

 

1) What is the profile of our finance and banking clients?

AILTOM: We assist all kinds of banks and serve a variety of industries, such as retail banking and wholesale banking. We have many cases in investment banking, private banking, and Treasury in banking.

More recently, we have supported the implementation of digital banks using our own product called Topaz Banking.

For banking, we offer solutions like our core banking applications, digital banking, AML solutions, and security solutions. At the same time, we also have our own Fintechs like LogBank and Orbitall, which are dedicated to banking process transactions, back-office and credit card processing.

 

2) How much is the financial segment represented in our billing?

AILTOM: The financial segment represents around 35 percent of the entire turnover.

 

3) To what does Stefanini attribute its success in this industry?

AILTOM: We have focused on the financial segment since the beginning; BFSI - Banking, Financial Services and Insurance was our first business vertical, created in 2002. Since then, we have invested in people, services, and banking technology solutions. Today, most of our workforce is dedicated to FS and we have acquired five very skilled banking product and solution companies: Orbitall, Topaz, Inlira, SCM, and Saque&Pague. Together, they represent millions of hours per year in services delivered and products implemented in Financial Services, as well as digital transformation projects.

 

4) Why is it significant that Stefanini was named as a key system integrator in Latin America that has a relevant presence worldwide?

AILTOM: This recognition is important because we serve a wide variety of industries in 41 countries on all continents with a comprehensive portfolio of products and services. Specifically in LATAM, we are serving banks in Brazil, Argentina, Chile, Peru, Uruguay, Colombia, Mexico, Panama, and Costa Rica, providing onshore and nearshore services in and from these locations. Additionally, we have three main hubs in the Americas, Europe, and Asia serving clients worldwide. Stefanini was initially recognized as a System Integrator, but now with the 24 companies that make up the Stefanini Group, we represent one of the most complete solutions for digital integration and transformation in the world.

 

5) When compared with the competition, what are our differentiators?

AILTOM: We stand out because we are flexible, offer a good cost benefit, and have a comprehensive portfolio of solutions. We are a one-stop-shop for most of our clients and are backed by a global presence that enables us to offer large delivery solutions to our clients.

 

6) In 2017, how did Stefanini’s core banking systems adapt to the rise of the cloud delivery model?

AILTOM: Before that time, our core banking solution was renewed as a Software-as-a-Service platform with cloud services embedded. Nowadays, our core and digital Banking platform can be offered on-premise, via SaaS or the full cloud.

 

7) What is Stefanini doing to expand its core banking system functionalities?

AILTOM: Our latest version includes open banking, Bank-In-a-Box, and instant payments; we believe that new ePayments will be our main driver in banking innovation.

 

8) How do our acquisitions collaborate to form a robust solution portfolio?

AILTOM: Our group of ventures work synergistically to solve business problems and innovate in various production chains. During each project, we find possibilities to engage a venture solution; we will continue to prospect with our startups and M&A programs to find and bring more innovation to our portfolio. This is part of our strategy.

 

“We have invested in people, services, and banking technology solutions for 34 years. We are flexible, offer a good cost benefit, and have a comprehensive portfolio of solutions. We are a one-stop-shop for most of our clients and are backed by a global presence that enables us to offer large delivery solutions to our clients.  Today, Stefanini Group represents one of the most complete solutions for digital integration and transformation in the world.”
 
Ailtom Nascimento, Vice President of Global Business at Stefanini

 

Stefanini: Your Partner in Digital Banking

 

For more than 30 years, we have optimized our experience in creating technologies to automate and manage business processes for the financial sector, such as banks, microfinance, cooperatives, funds, and other financial institutions.

Our product Topaz Digital Banking has more than 30 live installations across 14 countries, including Brazil and Mexico, and serves many corporate banks in the midtier to large tier. We have two centers of excellence for core banking in Brazil, as well as COEs in Argentina, Colombia, Peru, and Uruguay. Further, while the vast majority of Latin American CBS installations are on-premises, only seven vendors – Stefanini included – can claim public cloud deliveries.

Our digital banking solutions are able to perform all the steps of bank management, allowing financial companies of any size to transform their core banking processes more quickly, easily, and securely.

Ready to learn more? Our experts are standing by. Reach out today to learn how Stefanini can support your institution!

Contact us today to speak with an expert!

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