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Speed and Agility for a Rapidly Changing World
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As a result of globalization, mergers and acquisitions, and other growth strategies, the technology environments maintained by financial institutions have become extremely complex. As these systems have become more antiquated, new solutions have been added to an already diverse mix, to facilitate new initiatives and service delivery channels, like mobile banking.
These information silos not only pose tremendous integration challenges, they create higher risk for data quality problems. This can have a profound negative impact on everything from sales, marketing, and customer service, to underwriting, risk management, and administration. Additionally, it can prevent financial institutions from adhering to rigid regulatory guidelines, such as Sarbanes Oxley, BASEL II, or FSA rules.
iWay Software’s integration and EIM solutions are helping financial services firms to streamline enterprise operations, improve risk management, and accelerate growth and revenue generation, while preserving IT investments by:
- Improving visibility across all products and channels
- Minimizing the threat of money laundering, identity theft, and other types of fraud, as well as lending and other risk
- Increasing the speed and cost-efficiency of straight-through processingby simplifying the integration of SWIFT-based internal trading and settlement systems with enterprise IT assets and external trading partners
- Optimizing existing technology investments, while delivering immediate ROI
- Streamlining and automating routine processes, including FIX message exchange
- Enhancing the completeness, consistency, and accuracy of enterprise data with comprehensive data quality management tools
- Leveraging powerful master data management to create a single view of each customer, enhancing customer service, up-sell and cross-sell initiatives, and more
- Facilitating compliance with Sarbanes Oxley, Basel II, FSA rules, and other regulatory guidelines
iWay Software’s Financial Partners
- IBM
- Ser Technology Corporation
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