GrowthOps, a company that combines strategy, advisory, and technological expertise, won the Digital – Financial Technology award at the HKB Technology Excellence Awards. The award praised GrowthOps’ innovative solutions in the Financial Services Industry, which are adaptable, scalable, and sustainable. The company’s ecosystem-wide initiatives, including Core System Transformation advisory services, Signature Verification, Task Management, and Cheque Clearing, have led to significant reductions in manual tasks and IT maintenance costs, resulting in a significant impact on the banking sector.
Eric Yu, General Manager of GrowthOps Hong Kong and Regional Practice Lead for Asia Technology, said, “To achieve lasting digital transformation, our core focus centres on delivering a comprehensive service that addresses both immediate and long-term needs of our clients. Our comprehensive suite of digital experience capabilities encompass strategic market insight, effective growth solutioning, change management, and personalised user experience. This multifaceted approach equips our clients with a broad view to discern the crucial next steps. These value-added services ultimately create business values, streamline operations, reduce costs, and enhance service quality and efficiency.”
GrowthOps’ expertise also extends to global insurance companies, elevating insurance agency’s user experience and system reliability. Their work on a series of Workflow Systems optimised operational processes, reinforcing accuracy and document quality.
GrowthOps is currently in the process of developing a cutting-edge, end-to-end Talent Onboarding Solution powered by advanced AI and data analytics. The anticipated benefits are substantial, including a projected 30-50% improvement in onboarding efficiency, a 20-40% reduction in costs, and the crucial ability to align talent with strategic business goals.
The awards program celebrates exceptional companies that have made demonstrated exceptional contributions through innovation in their IT initiatives and solutions, leading to significant enhancements in their Hong Kong operations.
GrowthOps, in particular, has seen an impressive 18% year-over-year increase in the FSI-Tech practice. Notably, this growth significantly surpasses the average growth rate observed in the IT Consulting and Implementation Industry in Hong Kong, which stood at 16.7% in 2022 and is expected to decrease to 8.6% in 2023, according to Statista.
“We are honoured to receive recognition in the Fintech category at the HKB Technology Excellence Awards. Our commitment to pioneering sustainable technology solutions has empowered players in the financial industry to deliver compassionate and user-centric digital interactions both internally and externally. This has been instrumental in fostering trust amongst our clients and their stakeholders,” added Eric.
The Hong Kong Business Technology Excellence Awards is presented by Hong Kong Business Magazine. To view the full list of winners, click here. If you want to join the 2024 awards programme and be acclaimed for your company’s outstanding contributions in pursuit of technological innovation, please contact Julie Anne Nuñez at julie@charltonmediamail.com.
