| |December 20194EditorialFinancial services segment is attracting new technologies to find their application in various functions within its purview. Technologies that have revolutionized other industries are making their presence known in this sector by bringing about unprecedented transformation, compelling service providers to rethink their operational methodologies. In India, we are seeing many of the latest technologies being leveraged to simplify financial services, and UPI is an excellent example of that. Banks are teaming up with Fintech to clear out irregularities to provide value-added services and smooth customer experience, along with a series of advanced features to ease operations. Out of the multiple technologies penetrating this segment, Blockchain is one which is going to provide a high level of security when it comes to the exchange of money and sensitive information, allowing users to draw off its transparency while lowering operational costs. Also, Fintech is expected to employ NLP based chatbots and Conversational User Interface (CUI) to reform mobile banking. When it comes to insurers, they are increasingly acknowledging the need to fundamentally change their business models, moving from siloed operations to fully connected enterprises. This requires a cultural change, a focus away from products and a move towards organizing themselves entirely around the customer, their experience and outcomes. There is an increasing focus on the development of middleware solutions to reduce dependence upon legacy systems and improve access to data. These will be aimed at driving growth, internal efficiencies and the internal view of how a company works. This change is creating a level playing field for solution providers where small as well as large enterprises are vying for market share. In this issue, CIOReviewIndia brings to you lists of 10 Most Promising FinTech Solution Providers and 10 Most Promising InsurTech Solution Providers who have proved their mettle in these domains with their innovative approach. These companies pride themselves on keeping abreast of the latest technological advancements in these domains and leveraging them to their full potential. We hope this issue gives you helpful insights into these market landscapes. Sudhakar SinghEditorsudhakar@cioreviewindia.comThe Conspicuous Transformation of Finance and Insurance VOL 7 · ISSUE 10 - 4 · DECEMBER, 2019 PublisherOffice Editorial queries editor@cioreviewindia.com To subscribeVisit www.cioreviewindia.com/magazine or send email to: subscription@cioreviewindia.comCover price is Rs 150 per issueAshok KumarVirupakshi PattarAlok ChaturvediGroup Art DirectorVP - Sales & MarketingMagendran PerumalCirculation ManagerEditorial TeamCIOReviewIndia No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017ManjunathSiva SankarEditorSudhakar SinghVisualizersAdvertising queriessales@cioreviewindia.comBangaloreTel 080 46441103Sales & MarketingAmrit SinghIndranil ChakrabortyRavi Kalgi Rohit RaghubanshiNagendra KumarPrinted and published by Alok Chaturvedi on Behalf of Bizprint Media Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Copyright © 2019 Bizprint Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Janifha EvangelineLakshmi GSuchita GonsalvesSamrat PradhanTeja BoncheruvuNoidaTel 120 4639300
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