# Process automation for finance and insurance Gain flexibility and speed to respond to market changes and protect against risk. ## Trusted by the world’s leading organizations ## Finance industry trends Financial Services & Insurance organizations face diverse challenges, including regulatory changes, evolving business models, and shifting customer expectations. ### Technology modernization Organizations must modernize applications and embrace cloud technology to compete in the rapidly evolving industry. ### Open finance New API and data sharing standards are revolutionizing end-user data control and enabling integrated experiences from third-party providers. ### Data & analytics Exponential data growth and diversification challenge organizations in extracting meaningful business insights. ### Banking-as-a-service New business models enable organizations to offer assets to third parties, expanding services through a modular approach. ## Fintech integration solutions ### Migration complexity and performance Legacy systems hinder competition with new market entrants. - Complex cloud migration of application architecture - Non-standard APIs causing technical debt - Performance issues from latency and app dependencies - Security and compliance risks - Data silos limiting proactive operations ### Cloud and technology modernization Modernize your organization by adopting a cloud-first strategy. - Adopt multi-cloud strategy to reduce costs - Accelerate app modernization for faster delivery - Connect systems for modern data strategy - Automate for business agility and value [Learn more](/content/content/ebook/the-integration-checklist-for-cloud-migration/index.html) ### Disconnected systems and data Inaccessible or incomplete data leads to missed opportunities and increased operational risks. - Security and compliance risks threaten organizations - Redundant, manual activities that add overhead cost to organization - Reactive vs. proactive business strategy and decision-making - Negative impacts on customer experience and customer retention ### Comprehensive data and analytics strategy Implement a data strategy to improve decision-making, enhance customer experience, reduce risk, and grow revenue. - Gain predictive insights for informed decision-making - Enhance customer acquisition and loyalty while reducing risks and costs - Develop products based on customer needs - Provide comprehensive insights to stakeholders [Learn more](https://marketplace.boomi.com/solutions/start-connecting-with-anaplan) ### Security and compliance requirements Open banking requires consent management and API compliance, pressuring financial institutions. - API standardization issues hinder third-party access - Difficulty providing secure access to requested data - Uncertainty in complying with new regulations and standards - Challenges in enabling consumer consent management ### Enabling open and secure integrated finance It also enables ecosystem collaboration and new business model creation for organizations. - Ensure compliance with new regulations and API standards - Implement secure data exchange with partners and ecosystems - Adopt standardized APIs based on industry best practices - Improve consumer consent management capabilities [Learn more](/content/blog/t-plus-one-compliance-digital-transformation/index.html) ### Navigating embedded finance Organizations struggle to develop and monetize new Banking-as-a-Service business models. - Limited technology capabilities hinder product abstraction - Non-modular applications impede white-labeling and scaling - Challenges in securely embedding assets into marketplaces - Lack of platform for leading new business model innovations ### Monetizing new business models Boomi enables repurposing assets for Banking-as-a-Service, providing embedded solutions and new revenue streams. - Build scalable app marketplaces and platforms - Repurpose products for partner embedding - Deploy Banking-as-a-Service business models to drive new revenue streams lead in new business model innovations ## Get started with intelligent integration and automation [Start free trial](/content/form/trial/index.html) [Watch demo](/content/boomi-demo/index.html) ## Popular finance connectors ### Google storage Cost-effective object storage for simplified data management. [Learn more](https://help.boomi.com/docs/atomsphere/integration/connectors/r-atm-google_cloud_storage_connector_28f39f16-486a-4433-a2d1-719e721f22c8) ### Microsoft Azure Blob Storage Easy integration with Azure Storage objects. [Learn more](https://help.boomi.com/docs/atomsphere/integration/connectors/r-atm-microsoft_azure_blob_storage_connector_216ef744-e76e-4764-848c-a421af79d469) ### MongoDB Efficient data transfer using MongoDB Java APIs. [Learn more](https://help.boomi.com/docs/atomsphere/integration/connectors/int-mongodb_connector_a6cce0aa-00a6-48d0-bfbe-feb2474b57e1) ### Salesforce Seamless integration with all Salesforce products. [Learn more](/content/solutions/application/salesforce/index.html) ## What our customers are saying 1/4 “Boomi connects everything easily. When we approach a project, it is changing the conversation.” Dave Chapman — CIO, Teachers Mutual Bank [Read case study](/content/customer/teachers-mutual-bank/index.html) [Explore all case studies](/content/customers/index.html) “Flow is incredibly easy to work with. We’re realizing a whole year’s worth of business value because it would have taken 12 months or more to hand-build our partner portals.” Tim Heger — Chief Technology Officer and Chief Information Security Officer, HealthBridge Financial [Read case study](/content/customer/healthbridge-financial/index.html) [Explore all case studies](/content/customers/index.html) “Boomi integrates every corner of our application and data stack, and that interconnectedness is the beating heart of the omnichannel experience we’re promising to deliver.” Dave Chapman — Chief Technology Officer, WLTH [Read case study](/content/customer/wlth/index.html) [Explore all case studies](/content/customers/index.html) We are using technology and global presence to enable and empower the travelers of tomorrow. We want to know each and every customer, wherever they are. Prasant Panicker — Director of Technologies, American Express Global Business Travel [Read case study](/content/customer/american-express-global-business-travel/index.html) [Explore all case studies](/content/customers/index.html) ## Fintech integration resources [Explore all resources](/content/resources/index.html) **3 Ways Integration Can Help Your High-Growth Business** [Read more](/content/blog/3-ways-integration-can-help-your-high-growth-business/index.html) ## Get started with intelligent integration and automation [Start free trial](/content/form/trial/index.html) [Watch demo](/content/boomi-demo/index.html)