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Redian Software
BFSI solutions

BFSI software, end to end — banking, lending and insurance

Production-grade BFSI software: core banking, loan management, digital banking, policy administration, broker, aggregator and ML pricing platforms. RBI · SEBI · CBK · CBUAE · FCA ready.

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CMMI Level 3 Appraised ISO Certified 200+ enterprises 5 regional hubs 9+ years of BFSI
BFSI delivery, in numbers

Proof, not promises.

Real benchmarks from production deployments — not vendor brochures.

  • 9+ yrs

    BFSI delivery

    Across the USA, UK, Africa, UAE and India

  • 200+

    Production deployments

    Banks, insurers, MFIs, brokers, aggregators

  • 6+

    Regulators we deploy under

    RBI · SEBI · IRDAI · CBK · CBUAE · FCA

  • 99.99%

    Production uptime

    Industry SLA across customer platforms

Coverage

The full bfsi stack, in one place.

Every layer your operating model needs — designed to remove the gaps where vendor platforms typically leave you in spreadsheets.

  • 01

    Core Banking System

    API-first core covering accounts, deposits, lending, payments, GL and regulator reporting. Multi-tenant, multi-currency, configurable product factory.

  • 02

    Lending platforms (LMS + LOS)

    Loan Management and Loan Origination — retail, SME, microfinance, group lending. RBI / CBK / IFRS-9 NPA classification and provisioning.

  • 03

    Digital banking channels

    Internet banking, mobile banking (iOS + Android), agency banking and last-mile distribution — on a unified data layer with the core.

  • 04

    Anti-Money Laundering

    Real-time transaction monitoring, sanctions and PEP screening, CDD/EDD case management, SAR/STR filing across RBI, CBK, FCA, FinCEN regimes.

  • 05

    Policy Administration System

    Quote-bind-issue-endorse-renew-claim lifecycle. Product configuration without code, multi-currency, reinsurance-integrated. Carriers, MGAs, MGUs, bancassurance.

  • 06

    Broker & MGA platforms

    Insurance Broker Management System, MGA programme management, binding authority workflows, commissions and carrier reporting.

  • 07

    ML Pricing & Rating Engine

    GLM + gradient-boosted hybrid models. Sub-100ms real-time scoring at quote. SHAP explainability that holds up under IRDAI / FCA review.

  • 08

    Aggregators & D2C insurance

    Multi-insurer comparison, quote, bind, payment and policy issuance. White-label aggregator platform for new market launches.

  • 09

    Reinsurance Placement System

    Treaty management, automatic cessions at policy bind, facultative placements, reinsurer accounting, statutory reporting for cedents and brokers.

Who we work with

BFSI customers we serve.

We've shaped this practice around the patterns we see most — match yours against the list.

  • Commercial banks

    Tier-2 and Tier-3 banks modernising off legacy cores (Finacle, Flexcube, T24, BankFusion) — across India, Africa and the Middle East.

  • SACCOs & microfinance

    Cooperative financial institutions, MFIs and credit unions driving financial inclusion across East and West Africa, India and Southeast Asia.

  • NBFCs & digital lenders

    Non-banking financial companies and digital lenders — consumer, SME, vehicle finance, gold loans. API-first origination and lending stacks.

  • Insurance carriers

    General insurance, life and composite carriers needing modern PAS, ML pricing and direct-to-consumer digital channels — under IRDAI, FCA, CBK supervision.

  • Brokers, MGAs & aggregators

    Insurance brokers, MGAs, MGUs and aggregators across the UK, India, Middle East and Africa needing distribution platforms that scale.

  • Insurtech & fintech startups

    Digital-first insurance and banking startups needing production-grade BFSI infrastructure from day one — not 'we'll harden it for Series B'.

  • Multi-region BFSI groups

    Financial services groups operating across 3+ countries needing one platform with multiple regulator profiles and consolidated MIS.

  • AI-first BFSI products

    Lenders, insurers and banks building AI/ML into pricing, fraud, document intelligence and customer service — with regulator-grade explainability.

How we engage

From first call to live system.

Transparent, milestone-driven, with parallel-run safety nets where regulators require them.

  1. 01Week 0–1

    Discovery call

    30-minute call with our BFSI lead. We send a written engagement plan, scoping doc and fixed-price proposal within 2 business days. NDA on request.

  2. 02Weeks 1–4

    Discovery sprint

    Regulator scan, current-state assessment, product catalogue audit, integration map. Output: target architecture and milestone plan with parallel-run safety nets.

  3. 03Months 2–8

    Build & integrate

    Two-week iteration cycles. Working software in UAT every sprint. CI/CD, observability and security controls live from week one — not bolted on for Phase 2.

  4. 04Months 4–9 (parallel)

    Data migration

    Three-cycle trial migration to UAT, full reconciliation, rollback procedures contracted upfront. Sources: any legacy core, PAS, LMS or in-house system.

  5. 05Months 8–10

    UAT & dry-run

    User acceptance testing with your operators, dry-run with real customers, regulator-aware audit-trail testing, performance and security stress tests.

  6. 06Month 9–12

    Go-live & hypercare

    Phased cutover with new + legacy in parallel. On-the-ground launch support. 60-day hypercare with named senior engineers on call 24×7.

  7. 07Ongoing

    Run mode & evolution

    24×7 SLA-backed support by the team that built it. Quarterly business reviews. Regulator updates, new products and channels absorbed as they come.

Modules

Every BFSI module under one platform.

Pick any module to deploy standalone, or combine for full-stack coverage.

Banking modules

10 modules

Insurance modules

9 modules
BFSI overview

In depth — what this practice covers.

The long-form view of capability, regulator coverage and deployment model.

One partner across banking, lending and insurance

Banking, financial services and insurance technology is what we have shipped since 2016. Our BFSI practice covers the full stack — from a SACCO's core banking go-live to a UK insurer's ML pricing engine, from a microfinance loan origination workflow to a Middle East broker's policy administration migration.

We are regulator-aware by default. Our delivery teams know what RBI, SEBI, IRDAI, CBK, CBUAE and the FCA expect — and our platforms ship with audit trails, segregation of duties, access controls and incident response designed in from day one.

Banking & lending

Insurance & insurtech

Why enterprises pick us for BFSI

  • 9+ years of BFSI delivery across the USA, UK, Africa, the Middle East and India.
  • CMMI Level 3 Appraised delivery; ISO Certified information security.
  • AIO Member (African Insurance Organisation) — deep insurance technology partnerships across Africa.
  • Speaking platforms — NASSCOM SME Conclave, NASSCOM NTC, TAG Zambia, 3i Conference Mauritius, FinExt, Seamless East Africa.
  • Regulator overlap in our case studies: RBI, SEBI, IRDAI, CBK, CBUAE, FCA.

How to engage us

Talk to a BFSI specialist

Tell us your regulator, your incumbent system and the outcome — we'll send a tailored proposal and a reference call within one business week.

Why Redian

What makes this practice different.

Independent reasons clients pick us over incumbents and over generic global platforms.

  • BFSI heritage since 2016

    9+ years of regulated-industry delivery — not a generalist agency that swapped verticals last year. Banking, insurance and lending in our DNA.

  • Regulator-aware by default

    RBI · SEBI · IRDAI · CBK · CBUAE · FCA · BCEAO. Audit trails, segregation of duties, SAR/STR filing and statutory reporting designed in from day one.

  • CMMI Level 3 + ISO 27001

    Process maturity audited by external assessors. Security, quality and incident response standards your auditors can verify — not just marketed.

  • 5-region delivery footprint

    India · Kenya · UAE · UK · USA — one operating model, one accountable lead, local-presence support across your customer regions.

  • AIO Member

    Active member of the African Insurance Organisation. Deep insurance technology partnerships across Africa — verifiable, not marketing.

  • Build + run continuity

    70% of our build clients renew into 24×7 application support. The same engineers who shipped your system run it post-go-live. No vendor handoff.

  • Vendor-independent advisory

    Zero reseller margin on any platform. When we recommend a core, PAS or AML platform, we earn from delivery — not from picking the vendor that pays us most.

  • Configurable, not custom

    Our platforms ship with product-factory tools so your team launches new products without code. Custom development only where genuinely needed.

Tech & regulators

What our bfsi stack covers.

Open APIs, standard integrations, and regulator-ready controls.

  • Core banking
  • PAS
  • LMS
  • LOS
  • AML
  • Reinsurance
  • ML pricing
  • RBI
  • SEBI
  • IRDAI
  • CBK
  • CBUAE
  • FCA
  • BCEAO
  • FIU-IND STR
  • FINTRAC
  • FinCEN SAR
  • ISO 20022
  • ISO 8583
  • PCI-DSS
  • SOC 2
  • ISO 27001
  • Aadhaar e-Sign
  • eIDAS
  • M-Pesa
  • Airtel Money
  • RTGS
  • NEFT
  • ACH
  • SWIFT
  • OFAC SDN
  • Dow Jones
  • Refinitiv World-Check
  • CIBIL
  • Experian
  • TransUnion
  • Java
  • Spring Boot
  • Python
  • PostgreSQL
  • Kafka
  • AWS
  • Azure
  • Kubernetes
Frequently asked questions

Everything you wanted to ask before the call.

Don't see your question? Ask us directly →

What does Redian's BFSI practice cover end-to-end?

Core banking, loan management, loan origination, internet/mobile/agency banking, AML, policy administration, broker management, reinsurance, ML pricing, aggregators and direct-to-consumer insurance platforms. Plus the supporting layers — KYC, AML, identity, payments, regulator reporting — designed to work together as one platform or deploy standalone per module.

Which regulators have you delivered under?

RBI and SEBI (India), IRDAI (insurance India), CBK (Kenya), CBUAE (UAE), FCA (UK), BCEAO (Francophone Africa), BEAC (Central Africa) and equivalents. We add new regulator profiles when clients deploy in new jurisdictions — typically within 4–8 weeks.

Can we deploy one module standalone, or do we need the full platform?

Either. Every module deploys standalone with open APIs to integrate with any core, PAS or LMS you already have. Most clients start with one module (often LOS, AML or ML pricing) and add others over time as the value compounds.

How long does a BFSI implementation take?

Module-specific: ML pricing engine 10–14 weeks, AML 10–13 weeks, LOS 10–14 weeks, LMS 6–10 months, core banking 9–14 months, PAS 8–14 months. We ship working software in UAT every two weeks regardless of total length — you see progress continuously.

What's the total cost of ownership vs Tier-1 vendors (Finacle, Flexcube, T24, BancsBranch)?

Typically 40–60% lower over 5 years — driven by simpler licensing, lower implementation cost and easier ongoing customisation. We send a detailed TCO model after the first scoping call so you can run the numbers against your incumbent quote.

Will you migrate from our existing legacy system?

Yes. We've migrated from Finacle, Flexcube, T24, BankFusion, BancsBranch, Genelco, Synergetics, Eurobase and several in-house systems. Standard process: 3-cycle trial migration to UAT, full reconciliation, rollback procedures contracted upfront.

Do you handle build + run, or just build?

Both. About 70% of our build clients renew into 24×7 application support — the same engineers who shipped the system run it post go-live. Single accountability across build and run modes. Smooth re-engagement for new feature waves.

Who hires Redian for BFSI?

Tier-2 and -3 commercial banks, SACCOs, microfinance institutions, NBFCs, digital lenders, insurance carriers, MGAs/MGUs, brokers, aggregators, bancassurance partners, fintech and insurtech startups. Across the USA, UK, India, Middle East and Africa.

Talk to a specialist

Ready to engage Redian on BFSI?

Tell us your regulator, your incumbent system and the outcome you want — we'll send a tailored proposal and a reference call within one business week.

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