Nearly one hundred and eighty years have passed since the establishment of the first prominent international company in the field of professional management and technology consulting services. "Deloitte," founded in 1845 in England as an independent auditing firm, gradually expanded its scope to include tax services, consulting, and comprehensive solutions. Later, other peer companies such as "Arthur D. Little" (1886), "Booz Allen Hamilton" (1914), and "McKinsey & Company" (1926) were established in the United States, thus solidifying management consulting as an independent industry alongside major sectors. Despite its long history and wide reach, the development of this industry continues; institutions such as "Gartner" (1979) and "Forrester" (1983) were founded in the past four decades. The ever-growing diversity of needs arising from global trade and economic expansion, along with the complexity of their issues (in which modern technologies play a decisive role), are key factors in sustaining this dynamism. The first signs of this industry in Iran mainly appeared through government institutions. The establishment of the "Institute for Management and Planning Studies" in 1958, with the mission of research in economic and social planning and policymaking, was among the earliest modern examples. The commercial approach to this field emerged in 1960 with the founding of the "Industrial Management Institute," which began with the aim of education, research, and consulting in industrial management and business, and played a role in technology transfer in its early years. This center later evolved into the "Industrial Management Organization." Its managers, instead of merely providing consulting services, took responsibility for the outcomes of applying modern management methods in business transformation. By relying on domestic consultants and engineers, they adopted the approach of "providing professional management consulting services." From its inception, this organization was autonomous and independent of government budgets, basing its activities on value creation for clients. Although other (mostly governmental) research institutions were established in later decades, since the early 2010s only a few commercial companies, with high risk and on a limited scale, entered the field of management consulting and solution provision. Some of these efforts did not succeed, while a few (despite environmental fluctuations) remain active in nurturing and strengthening this growing sector. Despite all these efforts, this sector in Iran is still young and in need of attention and support; without this pillar, implementing transformation programs and transitioning traditional organizations to modern and digital structures will be very difficult.
The National Informatics Company, as the parent company of the National Informatics Group, relying on nearly three decades of knowledge and experience in the financial technology industry and with the aim of strengthening the role of consultant, researcher, and scholar familiar with the needs of the financial industry and emerging impactful technologies such as Artificial Intelligence, founded the "Faranegar Management and Technology Consulting Company."
Faranegar provides comprehensive and localized solutions in management consulting, information technology, and artificial intelligence to enhance innovation and efficiency across various sectors. Designing and implementing intelligent systems, strengthening data-driven infrastructures, and developing strategic collaborations between industry, academia, and the private sector are the main pillars of this approach.
By focusing on continuous innovation and applied research, Faranegar seeks to create sustainable and efficient infrastructures through the development of innovative technologies and synergy with scientific and economic institutions, aiming to bring about lasting transformation in the country’s financial and economic system.
Faranegar fosters and expands a network of purposeful collaborations in IT, fintech, and digital banking, creating the foundation for accelerating innovation. Implementing national and regional projects, establishing innovation labs, and supporting startups are key initiatives in this path.
Empowering human capital in IT, AI, and business management through knowledge transfer, practical workshops, and growth programs is carried out by Faranegar, which considers skill enhancement and innovation strengthening as essential strategies for today’s organizations.
Faranegar focuses on designing and implementing intelligent systems and data-driven infrastructures, developing strategic collaborations between industry and academia, ensuring security and privacy compliance, and aligning with international standards. The main goal is to create sustainable value, strengthen clients’ competitive advantage, and elevate Iran’s position in regional and global markets (especially in fintech and digital banking).
To be an influential player in the country’s financial ecosystem and a strategic, innovative partner for banks in creating a smart, secure, and sustainable future— together delivering a distinctive and value-creating experience for customers and society. Relying on a network of business partnerships and technological capabilities (especially in the field of artificial intelligence), Faranegar provides comprehensive and integrated solutions that simultaneously address governance and operational needs of the monetary and banking industry. The company’s strategic focus is on advancing national projects with broad and lasting impact; projects that, through an agile organizational model, dynamic resource management, and targeted planning for developing capabilities aligned with Faranegar’s mission, lead to tangible results for stakeholders. These consistent efforts and convergence contribute to the flourishing of the monetary and banking ecosystem, driving both vertical and horizontal growth.
We are committed to leveraging modern human knowledge, impactful emerging technologies, and the deep insights and wisdom gained from our dedication and experience to provide innovative, creative, and sustainable solutions for the complex challenges of clients in the country’s monetary and financial ecosystem—so that together, we can create a better world for people.
Faranegar effectively leverages a network of partners and business collaborators, utilizing their operational capacities throughout the entire project lifecycle. With a technology-driven approach (prioritizing Artificial Intelligence), it designs and delivers comprehensive, impactful, and value-creating solutions. At the same time, governance requirements and operational needs of monetary and banking industry players are precisely identified and addressed in a coordinated manner. The company focuses on designing and implementing national projects with broad coverage and deep impact. Modern organizational models are applied to increase agility and flexibility in resource and portfolio management, while development initiatives are directed based on key capabilities aligned with the mission. Continuous enhancement of human capital knowledge and skills, along with diversification of revenue streams, ensures financial sustainability and long-term growth. Therefore, our core strategies are:
1
Expanding and deepening the partner network and maximizing their capacities across all project stages—from design to deployment and support.
2
Systematic use of modern technologies (especially AI and data-centric solutions) in architecture, design, and delivery of scalable, value-creating solutions.
3
Designing coordinated responses to both regulatory requirements and operational needs of banks and industry players—from compliance and oversight to efficiency and user experience.
4
Selecting and implementing projects with nationwide coverage, high impact, and scalability across governmental and banking ecosystems.
5
Applying modern organizational models to increase flexibility, accelerate decision-making, and optimize resource allocation across the project portfolio.
6
Delivering end-to-end solution packages focused on solving client problems and achieving measurable outcomes.
7
Developing and executing a capability roadmap fully aligned with the company’s mission; including investments in human capital, processes, and technological infrastructure.
“Faranegar, the strategic partner of national transformation in Iran’s financial system; with intelligent integrated solutions, an effective partnership network, and an agile organization that turns the customer’s real problem into measurable results.”
Faranegar seeks to play an effective role in designing and establishing a modern and intelligent regulatory and policymaking system at the Central Bank, becoming the main driver of transformation in the monetary and banking ecosystem. The company actively participates in the development of digital and smart banking and in the creation and launch of the "Artificial Intelligence Center for the Monetary and Banking Industry," pursuing the enhancement of ecosystem synergy and sustainability. At the same time, by aligning with international standards and reputable consulting firms, it aims to achieve the leading position in the domestic management and technology consulting market. This vision is pursued through developing a network of specialized partners and strategic collaborators, establishing a comprehensive knowledge base with agile access mechanisms as project infrastructure, and adopting a flexible and agile organizational structure to efficiently respond to a wide range of projects (from small-scale to large-scale initiatives).
Contributing to the design, development, and implementation of modern data-driven and AI-based regulatory frameworks (impact assessment of regulations, alignment with standards, and implementation of analytical tools and supervisory sandboxes).
Participating in drafting roadmaps, reference architectures, and implementing digital transformation projects—from open banking and smart customer experience to risk management, credit scoring, and data-driven fraud prevention.
Strengthening collaboration and resilience within the ecosystem through digital transformation projects, smart customer experience, and advanced risk and fraud management solutions.
Achieving the top position in management and technology consulting services for the monetary and banking sector, based on measurable results, stakeholder satisfaction, and sustainable impact.
Building a dynamic network of specialized business partners, universities, and technology providers with clear governance mechanisms and defined roles.
Establishing a structured knowledge repository (classifications, playbooks, and reference models) and enabling fast and secure access for project teams.
8
Applying modern organizational models, project portfolio management (PMO/AMO), and agile mechanisms to efficiently respond to projects ranging from small-scale initiatives to large-scale programs.
“Faranegar is the strategic partner of transformation in Iran’s financial system; with a powerful network of partners, a specialized center in artificial intelligence, and an agile knowledge base, it turns complex operational challenges into measurable results. We remain aligned with global standards, pursue national impact, and solidify leadership in the domestic management and technology consulting market through quality delivery and stakeholder trust.”