Faranegar’s consulting business is shaped around transformations driven by modern technologies. Leveraging technology to solve challenges in the country’s monetary and banking network and creating value for the ecosystem’s stakeholders is the strategic path chosen for specialized consulting. This consulting approach, centered on technological phenomena, is based on a thorough and deep analysis of the evolution, transformation, and development of both global and national economies. The differences and distinctions between traditional and digital economies across various dimensions are evident. However, when viewed through the lens of drivers and enablers, the influential role of information technology in the digital economy becomes clear. Thus, it can be said that the rules of the economic game in today’s world have undergone profound changes. The key question is how economic actors—businesses and regulators alike—can effectively participate in this paradigm shift by redefining the way they carry out their missions and contribute meaningfully to this major transformation.
The monetary and banking industry has long had a close connection with technology, especially information technology. Therefore, it is expected that the impact of technological trends on businesses, customers, regulators, and other players in this sector will become evident earlier than in other industries. On one hand, the development of technological trends in the monetary and banking sector, and on the other, the redefinition of business models and the emergence of new players such as fintechs, have led to two major changes internationally. The first change, driven by the necessity of survival for banks and financial institutions, has shaped new business models to help banks create competitive advantages. The second change, which is partly a result of the first, is the transformation of regulatory and supervisory systems, enabling regulators to redefine principles and standards in order to act more efficiently and effectively.
Faranegar Management and Technology Consulting Company, with full awareness of the challenges facing the banking network, aims to play an effective role by accurately and timely identifying the needs of the Central Bank on one hand, and by supporting and empowering the monetary and banking network technologically on the other. By leveraging technology as a foundation for meeting essential requirements and prerequisites, Faranegar contributes to the development of the country’s monetary and banking ecosystem. At Faranegar, consulting is based on a deep understanding of banking business and a genuine recognition of the challenges in the financial industry. By combining management expertise with modern technologies, we help organizations transition from traditional structures to data-driven and agile organizations. Some of our key consulting services in the financial industry include:
Our goal is to provide comprehensive, practical, and implementable solutions that simultaneously enhance efficiency, transparency, and compliance with international standards.