Logicalis to support banks and insurers in digital transformation journey

, Jun 6, 2017

In 2016, Brazilian banking sector’s investment in technology was of R$ 18,6 billion, according to Febraban 2017 Banking Technology Survey. For the most part, financial injections were directed at process and business digitalization to improve customer service. Logicalis, global provider of information and communication technologies services and solutions, has been increasingly supporting financial institutions in their digital transformation process. Some of these solutions are presented at CIAB 2017, from June 6th to 8th, in Sao Paulo.

For a better idea of the challenges faced by the sector, in 2016, 65 billion transactions were made, and 34% of them via mobile banking – a 96% increase in relation to the previous year. Furthermore, currently, around 55 million Brazilians under 18 years old don’t have a bank account and are searching for digital services.

To attract these younger customers with services aligned to their needs and, at the same time, support online transactions increase, companies must update infrastructures, streamlining and automating processes, while migrating systems to the cloud. However, defining the best destiny for each application, whether public or private cloud or own infrastructure, is no easy task.

Logicalis acts as an advisor during the entire process – from application assessment, to cloud migration and services management and operation -, always aligned to each organization’s needs. The purpose is to develop a customized project, focused on improving IT systems and paving an evolutionary path, while preserving client’s previous made investments.

“We like to say that cloud is not for everything, therefore, we usually run an advisory diagnosis to assess not only applications that are currently hosted, which ones could be moved to the cloud and which cloud model is most appropriated, but also to assess necessary connectivity and security resources for this migration”, says Paulo Torres, Logicalis’ services director for Latin America.

Another important point for banks is operational costs reduction, which contributes to institution’s increased profitability provided by the adoption of cloud solutions. Also, there are technologies increasingly robust capable of insuring application and information security, minimizing vulnerabilities even when hosted in public clouds.

In addition to providing infrastructure, cloud, services and security technologies to financial institutions, Logicalis also offers groundbreaking technologies, such as blockchain and internet of things (IoT); and has been supporting financial sector organizations in improving operational efficiency and putting the customer at the heart of decision-making.

Below are some highlights to be carried out by Logicalis at CIAB 2017:

IoT for insurance companies

Logicalis will present an IoT project for car insurers. Resources such as telemetry, driver & vehicle information capture – driver’s profile, mileage, fuel consumption, brakes usage and maintenance – and analytics tool, so insurers can provide a better experience and a more personalized insurance policy to customer.

Electric Energy Efficient Management

One IoT project under development that will be showcased at Logicalis’ booth is directed at energy management, a constant point of worry for banks. With this technology, it’s possible to monitor energy consumption in real time by different aspects – equipment, machines, floors, sectors, among others – and, based on these data, take actions to reduce energy expenditures.

Cloud

Event attendees will also be able to witness hybrid cloud management and interactions, which, to facilitate decision making, also gives the value for hosting an application in each cloud option. Furthermore, it will be possible to observe the disaster recovery of a customized virtual machine, in real time, using Microsoft Azure.

Blockchain

The booth will also offer a practical application demonstration of the sustainability-directed technology. Created in partnership with EQAO, company developing renewable energy and carbon credit projects, the ZCO2 is a points program which acknowledges sustainable practices and behaviors. Thus, every time a customer opts for a product or service that reduces greenhouse gas emissions, they receive Z points – encrypted currencies based on blockchain and backed by Carbon Credit.

Also present in Logicalis’ booth will be technology partners Algosec, Citrix, IP Trade and Ixia.

Service: CIAB Febraban

Date: June 6th to 8th

Location: Expo Center Transamerica

Booth’s location: C3

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