Misys BankFusion Universal Banking
In an ever-changing market, businesses need to be able to adapt
quickly. Demands for a nimbler response to customer and competitor
actions; the reduction of risk; and ongoing pressure to drive up
revenues while driving down costs continue to change the face of
banking. Specific challenges include:
- A faster-paced environment; customers and
stakeholders are demanding quicker responses and resolution than
ever before
- Cost control; the continuing drive to achieve
more while using less resource, both human and capital. Improve the
cost-to-income ratios
- Reduce risk; ensure compliance with changing
regulations across a range of products and services and have the
capability to demonstrate it
To be in a position to meet the challenges ahead, a special
platform is needed; one that will support continuing success - not
just today, or next week, but for the next decade and beyond.
Unlike other core banking platforms, Misys BankFusion has been
designed so that banking applications can be built from common
components and services using the BankFusion workbench, as well as
offering a complete renovation solution for customers needing to
upgrade their existing core banking platform.
It is fully process-driven, offering a design and run time
configuration which delivers improved cost/income ratios through
faster development times and reduced complexity.
Misys BankFusion is the first banking platform which
incorporates a set of common services packaged to deliver specific
business functionality that are designed to promote reuse across
different shared modules - bringing the advantages of SOA based,
J2EE enterprise architecture to the banking and wider financial
services industry.