Banking, Financial Services, and Insurance (BFSI) Solutions

The BFSI sector is evolving fast—staying ahead means adopting secure, scalable, and intelligent solutions. From digital transformation to risk management, Toptal helps financial institutions optimize operations, enhance customer experiences, and drive sustainable growth through our industry-leading BFSI solutions.

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Trusted By Leading Industry Brands

Toptal helped us get to a better outcome, faster than anyone else could have. Their talent brought the right expertise for the job, without the overhead and costs that a traditional consultancy would bring.

Executive Managing Director, Global Financial Services Company
BFSI Clients
2,100+
BFSI Projects
5,500+
Trial-to-Hire Success Ratio
98%

INDUSTRY CAPABILITIES

Unrivaled BFSI Experience

From AI-driven analytics to cybersecurity and digital transformation, we empower BFSI organizations with world-class capabilities.

Data & Analytics

Transform raw data into actionable insights, optimize decision-making, and drive strategic growth with real-time analytics.

Artificial Intelligence

Automate processes, enhance risk management, and create hyper-personalized financial experiences with AI-powered solutions.

Digital Transformation

Enhance agility, customer experiences, and operational efficiency to stay competitive in a rapidly evolving market.

Cybersecurity

Strengthen financial operations with top-tier cybersecurity, protecting data, preventing threats, and ensuring full regulatory compliance.

Payments Services

Create secure customer journeys with embedded payments, augmented reality, buy-now-pay-later options, digital currencies, and wallets.

Finance 4.0

Revolutionize your financial operations with automated underwriting, claims, drone assessments, virtual assistance, and telematics.

Data & Analytics

Transform raw data into actionable insights, optimize decision-making, and drive strategic growth with real-time analytics.

Artificial Intelligence

Automate processes, enhance risk management, and create hyper-personalized financial experiences with AI-powered solutions.

Digital Transformation

Enhance agility, customer experiences, and operational efficiency to stay competitive in a rapidly evolving market.

Cybersecurity

Strengthen financial operations with top-tier cybersecurity, protecting data, preventing threats, and ensuring full regulatory compliance.

Payments Services

Create secure customer journeys with embedded payments, augmented reality, buy-now-pay-later options, digital currencies, and wallets.

Finance 4.0

Revolutionize your financial operations with automated underwriting, claims, drone assessments, virtual assistance, and telematics.

Hear from Industry Leaders across the BFSI sector

Preparing for the New Normal

As CHRO for the financial services firm Edward Jones, Kristin Johnson shares insights into why being a human-centered company matters, the importance of respecting the individual, and what it’s like to work as a high-ranking executive in a male-dominated industry.

by Kristin JohnsonListen to This Podcast on
Kristin Johnson

Focus on how your training is benefiting your people—your talent—and how it helps them realize their potential. If training is focused on the bottom line, it can be a limiter.

Kristin Johnson

CHRO

Edward Jones

CUSTOMIZED SOLUTIONS

Get the Toptal Advantage

Alongside traditional consulting, our expert advisors and talent utilize tailored delivery models to provide strategic and tactical solutions that uncover, discover, and recover your competitive advantage.

Industry-leading Expertise

Our knowledgeable BFSI experts possess deep experience in the industry, offering insight to help you address complex challenges.

Industry Insights

Toptal’s skilled financial industry analysts are prepared to evaluate market trends and devise strategies relevant to your business.

Industry-leading Talent

A talent network of highly skilled professionals stands ready to implement financial services strategies to enhance your organization’s success.

Build smarter, faster, and more secure BFSI solutions with Toptal

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Why organizations choose us

Toptal in Action

Discover the cutting-edge solutions our clients enjoy globally from the Toptal network.

Toptal aids Fortune 1000 insurer’s product launch shift, boosting internal productivity by 30%.

Challenge: A leading insurer worked with a third party to launch a customer-centric virtual wallet reflecting the latest advancements in banking technology. It needed Toptal's help to bring the project in-house.

solution icon Outcome

Improved efficacy, reduced overhead

Toptal streamlined the client’s process, replacing nine contractors with two seasoned members of its talent network. This collaboration expedited the product launch and enhanced its overall efficacy.

impact icon Impact

Unlocking new potential

The product launch attracted a new, younger clientele to the parent company. Supported by a capable in-house team and Toptal’s assistance, the platform achieved scalability.

Toptal connects banks with powerful API integration and automation.

Challenge: A US financial institution needed to fix its inefficient service locator portal for mobile banking users, as manual updates led to internal inefficiencies.

solution icon Outcome

Experienced staffing, expedited

Within 48 hours, Toptal assembled a team to build an automatic solution for updating branch hours.

impact icon Impact

Expert developers, exceptional results

Toptal’s developers delivered a low-latency solution connecting 2,600 branches and 19,000 ATMs across the US.

Toptal saves investment advisory an estimated $500,000 annually via API-first strategy.

Challenge: After a restructuring, an investment advisory firm needed Toptal’s help to optimize data integration and client management.

solution icon Outcome

Fully managed expertise, on demand

Toptal’s talent evaluated the client’s system, identifying outdated management and unscalable connections as key issues.

impact icon Impact

High availability at scale

With a new API-focused model, the client saved 5,000 hours, worth an estimated $500,000 annually. The client also enhanced user experience and data consistency, reducing errors.

Need a BFSI expert who delivers value fast?

Connect With Toptal’s BFSI Team

From developing innovative financial services strategies to driving sustainable change, our team has led numerous projects for top-tier BFSI businesses through C-suite advisory and team augmentation.

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Terry Kuester

Terry Kuester

GM of Banking, Financial Services, and Insurance

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Industry Insights

Explore BFSI Insights

From pioneering financial services technology to delivering innovative solutions, learn how our BFSI experts shape industry insights into functional solutions that help organizations deliver exceptional services ahead of their competitors.

Better Digital Banking Through Data Analytics

Better Digital Banking Through Data Analytics

Banks haven’t seen the savings expected from the transition to digital products and services. A leading consultant for some of the largest US banks shares his step-by-step plan for using smarter customer data analytics to slash costs and improve customer satisfaction.

Read More
Mohamed Zarrugh

Mohamed Zarrugh

Verified Expert in Management Consulting
Mohamed is a management consultant who has held executive internal consulting roles at JPMorgan Chase and Wells Fargo, transforming operations and saving the companies as much as $180 million yearly. He specializes in strategic planning, performance management, and process improvement initiatives.

Expertise

Data Analysis ConsultingBanking Consulting

Previously at

JP Morgan Chase

Python and Finance: Power Up Your Spreadsheets

Stefan Thelin

Stefan Thelin

Verified Expert in Management Consulting

Stefan is the Director of Data-Driven Insights and Analytics for Cargotec, a leading provider of cargo and loading solutions. He has also served as an M&A director and a startup CFO, and led financial modeling and analysis as a leveraged finance manager at the Royal Bank of Scotland.

Collaboration that works

How to Work With Toptal for Your Financial Services Needs

Toptal helps BFSI leaders build high-performing teams quickly. Whether you need specialized talent or a full-scale delivery solution, we provide the right expertise, on demand.

1

Define Your Needs

Share your project goals, technical requirements, and team structure with a Toptal representative.
2

Access Top-tier Talent

Quickly scale your team with vetted experts in software development, AI, data analytics, cybersecurity, and more—or choose a fully managed solution.
3

The Right Fit, Every Time

Whether you need specific high-caliber talent or full end-to-end delivery, Toptal will provide a world-class solution every time.

Build smarter, faster, and more secure BFSI solutions with Toptal

Get a Consultation Now