Banking & Financial Services
Stiff competition, mergers and acquisitions and regulatory compliance continue to reshape the financial services industry, forcing companies to constantly adapt to changing business models and conditions. Cordys financial solutions deliver the speed and control necessary to outpace the market, with clear-cut specifications, swift and easy changes, and implementations that begin immediately.
Cordys solution frameworks for Banking and Financial Services:
Extend core banking applications
Rather than customize core banking applications and/or buy more modules or new software packages, Financial Services organizations can use Cordys to deliver the capabilities they really need. Cordys provides the capability to integrate disparate banking systems and easily model core banking and customer processes leading to a competitive edge, reducing the technology burden on IT and rapidly developing new applications. Financial Services organizations can get all of these benefits with sharply reduced time and cost.
Shorter time to compliance
Cordys offers BPM to banks for consolidated financial and risk reporting. By pulling together the right data, processes and people, banks can easily model, execute, measure and improve compliance and regulation. Cordys allows the business and compliance teams in banks to easily model and implement compliance with standard regulations, such as Sarbanes-Oxley Act(SOX) and Basel II, with minimal effort and expense (shorter time-to-compliance). Cordys gives banks the architectural flexibility to grow and change with regulatory requirements.