What eTHIC Brings as a Modern-Day Fintech Solution
The Banking Sector, the oldest business in the world, has been evolving over time with the help of technology. This has reduced the amount of paperwork and labor required in the banking industry. The BFSI industry is turning its focus on innovation and applications like eTHIC — Why? What has prompted this shift?
1. Traditional banking is not appreciated anymore, as technology affects every aspect of the business including customer experience. Banks require software solutions that can quickly be adapted and rolled out. They need to be highly scalable and able to meet high-volume performance requirements as well. Banks want to grow quickly and so they rely heavily on cutting edge technology to get them there.
2. In order to conduct a preliminary analysis, planning for audit and auditing checklists preparation, banks need data from previous audits. To achieve that, auditing software like eTHIC will help BFSI sectors completely automate the auditing process an