Bhat says banks are organically thinking of cloud-native solutions
There is unprecedented growth in the market in terms of customer demand, Yamini Bhat, Co-Founder & CEO, of Vymo, said at Nudge 2022, an annual banking conference recently held in Mumbai.
Over the next five years, banks must understand customers more deeply than ever and build seamless end-to-end journeys for them, said Bhat at the event ‘Banking in 2025 and Beyond’.
“It is heartening to see banks organically thinking of cloud-native solutions and choosing best-in-breed partners to foray into the future,” underlined Bhat in a release on the conclave on 29 Nov 2022.
The conclave aimed at crafting a roadmap for lending, collections, microfinance, and assets businesses over the next decade.
With economies slowing down around the globe, speakers at the conclave discussed how banks and lending institutions could retain existing customers, innovate products and practices to serve customers better, and provide them with an unparalleled experience.
The event hosted senior leadership from HDFC Bank, ICICI Bank, Fullerton India, Mahindra Finance, Axis Bank, and Clix Capital, among others, for insightful sessions and conversations.
Vymo has partnered with India’s top banks and NBFCs to provide a single platform to manage sales engagement activities. With events like Nudge 2022, Vymo aims to build and nurture a community of thought leaders invested in thinking about the next frontier of digital transformation.
Speakers at the event shared their views on consumer credit trends in India and the role Vymo plays in enabling their sales teams. They also spoke of the pivotal role of data insights and digital technology in the retail credit business, especially now with an active remote workforce.
Vymo’s Nudge is a great platform that brings together its customers and banking leaders. It dives into the various aspects of how technology is being used to strengthen and transform core business processes.
“We recently deployed Vymo to make day-to-day lives easier for our frontline personnel. And listening to similar success stories from others in the industry makes me more confident about achieving our planned digital transformation goals,” said Sourabha Kolhapure, Chief Technology Officer of Mahindra Home Finance at the event.
Vymo is the Sales Engagement Platform of choice for leading financial enterprises and is trusted by more than 300,000 salespeople across 70+ global enterprises such as Berkshire Hathaway, HDFC Bank, AIA, SBI Life, Generali, AXA, Aditya Birla Sunlife, and Mahindra Finance. fiinews.com
