FusionBanking Corporate Channels Software Overview

FusionBanking Corporate Channels
Software overview
The multi-channel
platform for global
commercial banking
Unified digital
services to
become the
bank of choice
“Misys’ product vision, commitment
to market leadership, innovation and
ability to execute were the decisive
factors in this project, which we
anticipate bringing great value to
our offerings in the years ahead and
an improvement in the service we
provide our customers.”
Dr. Bernd van Liner
Managing Director of Saudi Hollandi Bank
Go digital to grow your corporate business
FusionBanking Corporate Channels delivers next
generation portal technology to unify trade, supply
chain finance, cash, lending and treasury services for
corporate clients in the digital age. By rationalising
online services banks can seize new opportunities for
growth in global transaction banking.
Competition for corporate business
is intense. Corporate treasurers are
empowered to switch banking partners
with ease or turn to new non-bank
providers. Regulation, legacy portal
technology and the post-crisis demand
for working capital optimisation
are challenging banks that want to
grow their commercial banking and
transaction services business.
As consumer technology expectations
cross over into the corporate world, the
online experience must be more than
a veneer across vertical business lines.
Banks that can transform outdated
web applications and meet the latest
channel expectations of corporate
users will gain the competitive edge.
FusionBanking Corporate Channels is a
market leading e-business solution for
commercial banking. It delivers a single,
self-service client portal and consistent
online experience to reinforce customer
relationships, analyse transactional
behaviour, and derive greater value
from customers.
Join other successful institutions
that have significantly expanded the
reach and value of their transaction
banking business. More than 100
financial institutions and multinational
corporations have implemented
FusionBanking Corporate Channels
to rationalise commercial banking and
benefit from flexible, intuitive channel
applications that can be delivered
on-demand, globally and on any device.
Misys FusionBanking Corporate Channels | Software overview
3
FusionBanking Corporate Channels in action
US bank doubles revenues with unified online
channels for trade and FX.
“We engaged an extensive
analysis of vendor-based
systems and Misys was the
only company able to provide
a single hosted customer front
end and integrated backoffice systems for both foreign
exchange and trade finance.”
Senior Vice President
International Banking Division, Leading
International Bank, USA
Having identified strategic opportunities
in the international corporate banking
business, this bank sought a hosted
front-to-back solution for trade finance
and foreign exchange, to keep costs
under control.
After a thorough selection process, the
bank chose FusionBanking Corporate
Channels, selecting its trade and FX
modules along with FusionBanking
Trade Innovation and FusionCapital
Opics. Together, these components
created an integrated solution across
multiple service lines.
In its first year of operation, the bank
doubled its revenues. The ability to
provide customers with a single
integrated portal from which to conduct
FX and trade finance business acted as a
powerful sales tool for the bank to attract
new corporate clients internationally and
grow its business. In the second year,
revenues doubled again.
Corporate treasury: working capital management
Raise finance
Manage cash
Reduce risk
ERP connectivity
International trade
FusionBanking
FusionCapital
Trade Innovation
FusionBanking Corporate Channels
› Loan
maintenance
› Loan
drawdowns
› Loan increases
› Repricing
› Payments
› Enquiries and
reports
Trade finance
› Letters of credit
› Documentary
collections
› Guarantees
› Bills financing
Cash management
›
›
›
›
Term deposits
Remittances
Paper services
Liquidity
management
› Balance &
statements
› Payments
› Bulk services
› Forecasting
Back office integration
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Misys FusionBanking Corporate Channels | Software overview
Supply chain finance
› BPO/TSU
› Approved
payables
› Receivables
financing
› Dealer
financing
FX & MM
› Forwards
› Swaps
› Forward
contracts
› Spots
FusionFabric Connect
Lending
FusionBanking
Loan IQ
FusionBanking
Essence
FusionBanking
Midas
FusionBanking
Equation
FusionCapital
Opics
In-house 3rd
Data Source
party
systems
The FusionBanking Corporate Channels advantage
FusionBanking Corporate Channels enables banks
to achieve their strategic growth ambitions. Three of
the top five banks in the world use it to deepen
customer relationships and advance client efficiency.
“The solution has brought
us the enhanced visibility
of the entire supply chain
that we were looking for
François Bouche Head of
finance and administration
for Carrefour’s merchandise
group Misys’ product vision,
commitment to market
leadership, innovation and
ability to execute were the
decisive factors in this project,
which we anticipate bringing
great value to our offerings
in the years ahead and an
improvement in the service
we provide our customers.”
Dr. Bernd van Liner
Managing Director of Saudi Hollandi Bank
With a single view of the client, banks
deliver consistent omni-channel and
multi-bank services to serve clients
across their international supply chains.
Banks choose Misys FusionBanking
Corporate Channels for its integrated
modular approach and best-in-class,
channel-specific functionality for trade,
supply chain finance, cash, treasury
and lending.
A dashboard for client self-service
Deliver consistent and timely
information across customer
transactions and accounts and offer
value-added services and self-service
in the channel. Your customers can
design their own dashboard to
optimise working capital management
and create dedicated transaction
workflows, alerts and reports.
Become the bank of choice
Enable clients to manage global
multi-bank transactions across
countries and time zones. You can
present a consistent international
online banking experience, with
centralised control and visibility of a
client’s global business. At the same
time, regional branches can launch
localised financial products and
services quickly and easily.
Easy onboarding and deeper
collaboration
Increase collaboration between you,
your customers and their suppliers
with secure mail and ease supplier
onboarding to capture new revenue
opportunities further down the
supply chain.
Do more with multi-channel
Add value to traditional transaction
banking activities. Real-time views of
trade transactions can be combined
with cash services, delivered alongside
value-added services, such as
integrated alerts to optimise client
liquidity and working capital.
Gain competitive advantage
Clients have reported a 50% increase
in the win rate for corporate RFPs
following the implementation of
FusionBanking Corporate Channels.
Others have benefitted from quick
rollout across regions as they enter
new markets more than doubling the
size and value of their transaction
banking business.
Straight-through processing
Bring together back-office workflows
from Misys or third-party business
applications. Your clients enjoy a
consolidated front-end experience
combined with straight through
processing, robust back-office
integration, consistent data
presentation across business lines,
and process automation tools.
Misys FusionBanking Corporate Channels | Software overview
5
Best-in-class channel services
FusionBanking Corporate Channels is designed
with the corporate customer in mind and can be
configured to meet your customers’ exact
requirements. A comprehensive suite of service
modules provides access to a range of pre-configured
and customisable commercial banking applications
that are fully integrated and accessible via a single
sign-on portal for online or mobile delivery.
“Improving services with a
competitive offering is vital to
our business. Working with
Misys has enabled us to
continue to innovate for our
customers and quickly
respond to changing
market conditions.”
Trade finance
Enable clients to execute, manage
and report on international trade
transactions, streamline the
processing of letters of credit,
guarantees and collections and
deliver market-leading Service Level
Agreements for the processing of
traditional trade transactions.
François Cron
Head of Trade Finance e-Banking,
Crédit Agricole CIB
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Misys FusionBanking Corporate Channels | Software overview
Supply chain finance
Implement buyer- and supplier-centric
supply chain finance programmes to
add value to open account trade with
pre-configured workflows for approved
payables finance, receivables finance
and pool-based factoring. The system
supports the Bank Payment Obligation
through the exchange of standardised
ISO 20022 TSMT messages with
approved Transaction Matching
Applications and is subject to URBPO.
Cash management
Deliver access to advanced corporate
cash management services online to
process cash operations and monitor
global account balances and cash
forecasting. Clients can perform
fund transfers, account balances,
payments and bulk uploads alongside
powerful analytics and reporting across
transactions to improve working capital.
Treasury
Empower customers with integrated FX
spot, swap, forward and options trade
requests and loan/deposit requests.
Corporates can initiate payments and
make transfers between accounts as
well as administer their own user roles,
workflows, reports and alerts.
Lending
Enable borrowers to perform online
management of their lending
transactions in real-time, including the
initiation of new drawdowns, increases
in loan amounts and the management
of repayments. The solution is fully
integrated with FusionBanking Loan
IQ. With a front to back process from
the channel to lending operations, you
can eliminate re-keying for higher data
accuracy and deliver efficiencies to
both clients and relationship managers.
Mobile
Increase engagement, deliver new
fee-based services and enable
corporate customers to access,
manage and control transactions via
the most relevant and timely channels.
FusionBanking Corporate Channel
modules can be exposed for access
via secure native apps for Android,
Blackberry and iOS devices, supporting
client decision- making and approvals
on the go.
Operational strength
The efficiency to innovate
Share administrative tasks
across business lines to reduce
task duplication and eliminate
inconsistencies and errors. You can
achieve scalability by streamlining
workflows across transaction banking
verticals and redeploy resources to
focus on delivering products and
services that add client value.
Secure single-sign on
Easy access for customers, across
multiple applications. FusionBanking
Corporate Channels integrates with
modern security providers and ensures
full audit control over user actions.
Self-service
Enable customers to take control of
their banking dashboard to drive higher
adoption of online platforms and
increase efficiency. Self-service tools
include:
••Alerts
••Dashboards
••Report designer
••WYSIWYG editor
••Templates
••Counterparty/supplier on-boarding
Role-based permissions
Configure and implement your
customers’ own workflow
authorisations across channel
services and activities. FusionBanking
Corporate Channels allows you to setup
bespoke user profiles with detailed
roles and permissions.
Next-generation portal features
••Responsive user experience across all
devices with customisable templates
••Java-based (JEE) utilising opensource technologies, HTML5 and CSS
••Platform and database independent
••Modular services on a full serviceoriented architecture (SOA)
••Integration with back-office systems
(both within the bank and externally
via a secure connection to corporate
customers) via standard integration
and middleware tools.
Common services platform
Lending
›
›
›
›
Access control
Automated alerts
Approvals
Audit
Trade finance
›
›
›
›
Cash management
Authentication
Bank administration
Collaboration
Connectivity
›
›
›
›
Supply chain finance
Consolidated reporting
Customer administration
Data aggregation
Integration
›
›
›
›
FX & MM
Onboarding
Roles and responsibilities
Security
Validation
Misys FusionBanking Corporate Channels | Software overview
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Professional services and customer support
An industry proven best practice approach – that’s
the guiding principle of our professional services and
support model. Misys clients benefit from our long
track record of successful implementations.
“The implementation approach
Best-practice delivery
Customer support
allowed us to get up and
running on the platform very
quickly across our Asian
business and is enabling NAB
to have a standard operating
model across the region and
for the global business. We are
constantly looking to improve
the way we deliver new
products and services to our
clients. Misys gives us the
flexibility to do this.”
The Misys delivery model is
incorporated into our entire product
lifecycle. We leverage best practice
business processes in the design,
development and quality assurance
of all of our products. While we
acknowledge that one size doesn’t fit
all in financial software, we know that
a delivery approach that focuses on
industry proven best practice process
models helps our clients to save costs
and benefit from the institutional
knowledge Misys has developed
across thousands of successful
implementations. It means:
Misys clients benefit from the expert
knowledge of 1000+ resources
worldwide whose primary function is to
provide professional, scalable software
support and maintenance..
Mark Borton
Head, Product Management Asia,
Global Transaction Banking at
National Australia Bank
••Faster implementation. Repeatable
delivery means projects are shorter
and more predictable.
••Reduced TCO. Clear focus avoids
unnecessary expenditure.
••Less risk. A standard, proven
approach means many risks have
already been mitigated.
Centre of excellence
Co-located with our development
teams, the 200-strong Misys Service
Delivery Centre ensures that we share
best practice both internally and with
partners. It enables us to refine
implementations offsite before taking
them back to the client.
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Misys FusionBanking Corporate Channels | Software overview
Deep domain expertise: Our technical
and application support people have
strong industry and product
knowledge with continuous technical
and industry training programs to
ensure that Misys support teams can
meet your evolving business needs.
Scalable support model: As a Misys
client, you can choose from a standard,
professionalised support model or a
specialised, premium support package
depending on your needs. Because
Misys support has a broad, global
footprint that operates in all time zones
and regions, Misys teams can scale to
your requirements.
Valuable advisory services: Our
Systems Advisory Group (SAG)
provides system reviews to help clients
understand how to use their Misys
systems more effectively and derive
maximum value from their applications.
Proven award winning solutions
Finovate Europe 2014
‘Best of Show’
’
BEST CORE BANKING
PRODUCT OR SERVICE
Banking Technology Awards 2013
Misys: Best Core Banking Product or Service
Misys Bank Fusion
Banking Technology Awards 2013
Misys: Best Payments Product or Service
Global Trade Review 2013
Misys FusionBanking Trade Innovation: Leaders in trade,
“Best Trade Finance Software Provider”
Euromoney Trade Finance Awards for Excellence
Misys FusionBanking Trade Innovation: Best trade finance
tech-solutions company
Trade and Forfaiting Review
Misys FusionBanking trade services solutions voted best
technology for trade finance
CEB Towergroup: Trade finance application vendor analysis
Best in class: Transactional capability
Best in class: Corporate client service
About Misys
Misys is at the forefront of the financial software industry, providing the broadest portfolio of banking,
capital markets, investment management and risk solutions available on the market. With more than
2,000 customers in 130 countries our team of domain experts, combined with our partner eco-system,
have an unparalleled ability to address industry requirements at both a global and local level. We connect
systems, collect data and create intelligent information to drive smarter business decisions. To learn
more about how our Fusion software portfolio can deliver a holistic view of your operations, and help
you to solve your most complex challenges, please visit misys.com and follow us @MisysFS on Twitter.
Misys and the Misys ‘globe’ mark are trade marks of the Misys group companies.
© 2015 Misys. All rights reserved.
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