Finance IT Blog

Legacy Analytics Tools Hamper Tactical Capital Allocation in Lending. Here’s How to Upgrade Them

Lending IT, Banking IT, Finance IT

Legacy Analytics Tools Hamper Tactical Capital Allocation in Lending. Here’s How to Upgrade Them

Lenders need powerful data processing and analytics features for efficient capital allocation, but this is exactly what their legacy tools fail to provide.

By Dimitry Senko and Stacy Dubovik

Automating Risk Assessment in Health Insurance: Five Digital Strategies for Various Budgets

Insurance IT, Finance IT, Digital Transformation

Automating Risk Assessment in Health Insurance: Five Digital Strategies for Various Budgets

Discover five digital strategies (with costs) to automate risk assessment in health insurance and pick the one that best fits your transformation budget.

By Olga Vinichuk

AI Enables Nearly Autonomous Health Insurance Budgeting, But Human Checks Are Still a Must

Insurance IT, Finance IT, Digital Transformation

AI Enables Nearly Autonomous Health Insurance Budgeting, But Human Checks Are Still a Must

AI boosts financial planning accuracy and efficiency, but it shouldn't be an autonomous decision-maker, says Olga Vinichuk at ScienceSoft.

By Stacy Dubovik and Olga Vinichuk

Still Budgeting Health Insurance in Spreadsheets? Here's a More Effective Tech Stack

Insurance IT, Finance IT, Digital Transformation

Still Budgeting Health Insurance in Spreadsheets? Here's a More Effective Tech Stack

Explore specialized budgeting solutions that help health insurers create and adjust budgets 65–80% quicker and boost the FP&A team's productivity by 40–80%.

By Stacy Dubovik and Olga Vinichuk

Fully Digital Insurance Is Already Here. See How It Boosts Sales, Underwriting, and Claims

Insurance IT, Finance IT, Digital Transformation

Fully Digital Insurance Is Already Here. See How It Boosts Sales, Underwriting, and Claims

Many talk digital transformation in insurance these days, but it’s hard to find case studies supported by concrete results. Here are three real stories.

By Stacy Dubovik

Four Digital Credit Underwriting Strategies to Expand Borrower Base Without Added Risks

Lending IT, Banking IT, Finance IT

Four Digital Credit Underwriting Strategies to Expand Borrower Base Without Added Risks

How to leverage new borrower data, AI-powered risk analytics, and process automation tools for fairer and more profitable credit underwriting strategies.

By Dimitry Senko

Software Can Cut Costs for Health Insurers — But Watch Out for TCO Overruns

Insurance IT, Finance IT, Healthcare IT

Software Can Cut Costs for Health Insurers — But Watch Out for TCO Overruns

Health insurance automation can help reduce operational costs without cutting staff, but software TCO may become a new budget drain if not managed well.

By Olga Vinichuk and Stacy Dubovik

Tokenization to Redefine Investing in Real Estate, But Regulators May Curb Market Growth

Finance IT, Blockchain, Investment IT

Tokenization to Redefine Investing in Real Estate, But Regulators May Curb Market Growth

By 2030, the global market for tokenized real estate will reach $3 trillion and represent 15% of the real estate AUM, ScienceSoft's research team predicts.

By Vital Soupel

Building a Mobile Payment App Gen Z Will Love

Finance IT, Banking IT, Mobile Apps

Building a Mobile Payment App Gen Z Will Love

ScienceSoft's Financial IT Consultant advises on winning mobile payment app development strategies and UX-friendly security mechanisms for Gen Z consumers.

By Mary Zayats and Stacy Dubovik