Spine Assets

Banking, Financial Services, and Insurance (BFSI)

The BFSI industry, valued at over $23 trillion globally, plays a crucial role in financial transactions, investment management, and risk mitigation. Digital banking adoption and fintech innovation are key growth drivers. However, the industry faces challenges such as economic volatility, regulatory changes, cybersecurity concerns, and customer experience management.

Challenges

  • High Data Security Requirements
  • On-Field Employee Attendance & Productivity Tracking
  • Tour & Travel Expense Management
  • Incentive Payout Management
  • Frequent Product Scheme Deployment

Solutions

  • Self-Infrastructure Software Deployment – Ensures data security and operational independence.
  • Mobile-Based Attendance Management – Tracks employee productivity efficiently.
  • Centralized Online Expense Tracking – Simplifies and streamlines financial reimbursements.
  • Incentive Payouts with Salaries – Ensures timely and transparent rewards for employees.
  • Timely Training on New Schemes – Keeps employees updated with evolving financial products.

Benefits

  • Secure handling of sensitive financial data.
  • Enhances workforce efficiency and compliance.
  • Reduces administrative overhead and ensures timely reimbursements.
  • Increased Employee Retention by 12% 
  • Strengthens financial planning and employee morale.
  • Supports business expansion and profitability.

Insights

Higher employee retention

Faster payroll processing

Improvement in attendance tracking

Prominent Clients

Nirmal Bang

Nirmal Bang, founded in 1986, is a leading financial services firm in India. It offers equities, derivatives, commodities, currency, mutual funds, and IPO investment solutions. With a strong online and offline presence, it serves both retail and institutional investors. Known for research-backed advisory and robust trading platforms, the firm has built a solid reputation over nearly four decades.

Company Strength : 2K employees

Mirae Assets

Established in 2020, Mirae Asset Financial Services India Pvt. Ltd. (MAFS) is a Mumbai-based Non-Banking Financial Company (NBFC) and the lending arm of the Mirae Asset Group in India. MAFS offers digital lending solutions, including loans against mutual funds and shares, aiming to provide fast, easy, and secure financial services to Indian consumers. The company operates with a focus on innovation and customer-centricity, leveraging technology to simplify financing needs.

Company Strength: 11-50 employees

What Our Happy Clients Say