IT ASSISTS BANKS AND FINANCIAL INSTITUTIONS IN EXPLORING CREATIVE STRATEGIES TO REDUCE COSTS, IMPROVE MARGINS, AND TRANSFORM THEIR EXISTING OPERATIONS TO MEET THE CONTINUOUSLY CHANGING MARKET TRENDS. The banking and finance services sector contributed 6% of the global GDP in 2012; this percentage is expected to rise to 10% in the next fiscal year. North America is projected to see the largest growth, closely followed by Europe. The financial sector has grown significantly as a result of technological innovation. Financial companies now have a wide range of technical options to select from thanks to the technological growth of society. Financial institutions need to identify solutions that will enable them to provide services with more potential. Understanding the lifespan of software products, Sanshas has been creative in providing some extremely intriguing services like SaaS enablement and SOA re-architecture. By using our offshore delivery facilities and cutting-edge pricing methods like Fixed Cost, Time and Material Model, Dedicated Teams Model (DTM), etc., we have been able to considerably reduce costs.