This pandemic was initially compared to the 2008 ﬁnancial crisis, however, now experts from every ﬁeld have acknowledged that this crisis is unprecedented. The situation has driven financial lenders to tighten their standards with respect to credit. There is nothing unusual about it, as financial institutions, especially lenders, are known to turn risk-averse in a crisis.
There is a sense of urgency that will result in drastic changes in almost every area, as people seek solutions to manage recurrences better. In this context, read this compelling story as it intends to provide you with an insight on how Hexaware has assisted leading US based mortgage firm that had maximum load related delinquencies. They faced capacity constraints as their operations were hampered owing to outdated technology, inadequate systems, flawed processes and overall production issues.
The primary benefits from Hexaware's digital transformation are
Grand scale process automation
Re-engineering of enterprise data management framework
600+ applications to AWS
Refactoring of the current application and economical cloud native functionalities