Get a Quote

Banking and Finance

When it comes to the prudent regulation of banks, the primarily considered global standard-setter is Basel Committee on Banking Supervision (BCBS). It provides a banking or financial institution with cooperation on banking supervisory matters. The direction of BCBS is to strengthen the regulation, supervision, and practices of banks over the world with the determination of enhancing financial stability.

The third Basel standard is an all-inclusive set of reform measures aimed at:

  • Advancing the ability of banking sector to absorb shocks occur because financial and economic stress
  • improving risk management and governance, and
  • fortifying transparency and disclosures in banks.

There have been great efforts in strengthening banking and financial sector and powering banking institutions to become more robust in the case of unexpected stresses. These restructurings primarily focus regulatory capital, liquidity, and leverage. We expect that any future crisis will not lead governments to spend the money of taxpayers to save the banking system. Banks having global presence complying with BASEL norms require to constantly enhance their internal risk management systems. Banking and financial institutions do this by frequently monitoring and effectively using latest IT solutions on a regular basis to outshine in their performance.

Here, Rapidsoft provides their strategic technology consultancies and partners with financial institutions for designing, developing, deploying and support their critical applications.

For more information on our software development services and solutions for the Banking & Finance Industry, please feel free to contact one of our executives at +1 516 515 9871 or drop your enquiry on We are working round the clock to help our clients with suitable solutions.

Quick Contact

What Clients Say

  • The project is done and in terrific speed with accuracy. I thought of taking this opportunity to express my experience with Rapidsoft Technologies... read more

    McKinsey & Company
  • Rapidsoft has been a crucial partner in the development of our mobile platforms. They are always willing to go the extra mile and make sure that the project... read more

  • Having worked with Rapidsoft on multiple mobile application development projects, I would like to formally recognize the consistent level of quality... read more

    Rate n Date