Introducing Blackstone Tech Labs

Helping Financial Institutions Adopt, Innovate & Evaluate New Digital Capabilities
 
June 30, 2015 - PRLog -- Blackstone Technology Group, a global technology and management consulting firm, announces the addition of Blackstone Tech Labs, a firm capability aimed at helping financial institutions (FIs) foster innovative tech solutions that improve business information access, better adapt to regulatory compliance, and/or better reach end customers in an increasingly digital-focused world.

Ken Hans, Partner and Executive Director of Financial Services with Blackstone Technology Group says Blackstone Tech Labs was established because “The traditional time-intensive, manual paper-driven processes no longer work in our modern day and digital age. Customers are demanding their FIs to provide more fluid, efficient and immediate ways to evaluate, buy and use their products. FIs thus need ways to directly address this paradigm shift, which is what Blackstone Tech Labs provides.”

The end game for Blackstone Tech Labs is to help increase timeliness, increase transparency, and reduce friction in business interactions to the benefit of both parties: the consumer and the FI. Sample projects include:

- Mobile eXpress account Opening (MXO)

- Extending non-digital applications to browsers and mobile

- Automated underwriting

- Intelligent 1-to-1 marketing and financial product cross-selling

Client ideas can be incubated and converted into tangible working prototypes within a short time period. To learn more about what Blackstone Tech Labs can do to help your financial organization better meet your customers’ demands and expectations in today’s internet-connected world, visit http://www.bstonetech.com/who-we-serve/financial-services/blackstone-tech-labs/.

About Blackstone Technology Group
Blackstone Technology Group us.bstonetech.com (http://www.bstonetech.com/) is a 275+ person, privately-held, global IT and business consulting firm founded in 1998. Headquartered in San Francisco, with additional offices in Denver, Houston, and Washington DC, our mission is to implement innovative IT and business process solutions that help our clients address industry challenges, achieve cost containment, and transform their business models within their respective commercial and public service marketplaces. Blackstone has garnered an impressive track record of delivering successful results, with a noteworthy client list that includes many Fortune 1000 businesses and US Federal Government and California State Agencies.

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