Clovity Successfully Completes Its First IoT Banking Platform And Expands Its Banking and Finance Practice To Meet The Sector's NextGen Technology Demands

Silicon Valley based Leading Technology Solutions company implements its CSensorNet IoT platform and challenges traditional technology solution delivery models and brings new consumerization based, Big Data powered technology, IoT solutions to Banking and Finance sector to meet its growing demands.

Clovity Inc. www.clovity.com, leading IoT, Cloud, Big Data, Digital and Mobile solutions company focused on bringing cost effective transformations in Banking sector, re-affirmed its superiority over its competitors. Clovity's Banking and Finance practice completed the implementation of its most powerful IoT Solution "CSensorNet" for mid-west Bank, which is first of its kind in the banking sector by bringing together Cloud Solutions, Big Data, and cutting edge technology delivery models. The BFSI sector now has access to solutions and services to help them in faster transformation of Micro-Service architectures, mobility, customer 360 models, gamification, and predictive analysis to re-shape their legacy technology structures with improved operational efficiencies, security, customer service, customer experience and new revenue opportunities.

The Banking and Financial world is a very complicated interconnected group of businesses that involves rapid decisions which has far-reaching consequences across social, economical, business and personal threads of our lives. For long mid-tier and large banks have been looking to transform by leveraging Microservices Architecture, Cloud and IoT to service all segments of their customers with greater efficiency, create brand and product differentiation as well as expansion of customer base.

With the growing demand from Clovity's existing clients, leading Fortune Banks, Mid-Cap, Regional Banks and Fintech Startups are not just saving costs but are able to offer NextGen technology driven solutions to their internal and external customers. Though Clovity's solutions, Banks now have ready access to leading technologies enabled solutions and are enjoying plug and play demonstrable solutions and radically enhancing their existing technology environments and stacks.

Clovity is focused on bringing cutting edge solutions to meet industry challenges and meeting these issues, cost effectively with emerging trends, fast paced innovations to re-shape ecosystem consisting of Banks, FI, Insurance, Regulations, Consumers, Fintech's, at a never seen before pace. Clovity's solutions span from strategy, implementation, Integration, and support and our Banking and Financial Services practice helps answer the big questions about how to grow and innovate in the digital era while providing the global IT resources to operate efficiently. The solutions spread across all the business lines including Wealth Management, Transaction Banking, Corporate Banking and Mortgage Solutions.

Mr. Medina, Managing Partner at Clovity added that ,"We help our Banking and Fintech clients execute business strategies with cutting edge solutions across all business lines, focused around Digital, Cloud, Big Data, IoT, CRM and ERP - to strategize for the future, implement transformative change, and run with efficiency for the long term." Clovity has been helping and fueling growth for its banking finance clients, by leveraging the experience from across industries, reusable frameworks, functional and technical capabilities that helps Banks and Financial Institutions radically transform their businesses. We continue to invest in newer technologies, building reusable innovative solutions, people and learning from our successful transformational assignments and combined experience of our teams. For more information about Clovity visit www.clovity.com. For media inquiries, contact Natalie at marketing@clovity.com or 925-264-6360

About Clovity

Clovity emphasizes on combining thought leadership, innovation and efforts together to bring successful transformational and disruptive solutions to market in IoT, Cloud, Digital, Mobile and Big Data which are focused on Banking Finance, Healthcare and Retail industries. Clovity underpins its solutions with deep Agile expertise by leveraging its Agile Framework: Synthesis in every aspect of customer journey to ensure complete collaboration and transparency. Clovity key is to work in absolute synchrony for all its delivered solutions and create a powerful transformational and scalable foundation for all future advancements.

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