Bank Profitability & Performance Management BankAnalytics Value Enterprise profitability reporting and performance management BankAnalytics is an out-of-the-box profitability and performance management solution enabling banking managers at all levels to make more profitable business decisions by providing intuitive access to consolidated and detail information, as well as the ranking and trending of account performance and risk-adjusted profitability. BankAnalytics integrates key financial and customer systems to provide an integrated customer management picture of customer, product, organization and officer profitability across the bank. This comprehensive picture of the bank’s profitability and performance is available through a web browser to hundreds or thousands of users via a library of well organized and customizable reports. Elite analysis and advanced reporting and customization are fully supported via BankAnalytics’ Microsoft Excel add-in. By bringing together best-in-class analytics technology, deep insight into the needs of the retail banking industry, and economies of scale achieved through volume deployment and standardization, BankAnalytics provides optimal return on investment and the best price/performance of any solution available on the market. A Risk Engine Control Panel If one thinks of a retail bank as a "risk engine", BankAnalytics provides the control panel through which business managers are able to keep an eye on account performance and risk-adjusted profitability, make informed decisions about future trends, and ultimately optimize their pricing and lending decisions at the product and customer level. As Basel II takes effect in the form of adjustments to capital adequacy regulations, banks with comprehensive credit risk management and reporting systems will be able to take the lead in their respective markets. Achieving higher profitability from the same or lower capital requirements mandates a mind-shift at every level of the bank. BankAnalytics enables a bank to deliver enterprise-wide reporting based on traditional profitability and migrate to a RAROC view of the bank's business, while acting as a major catalyst in shifting the mindset of relationship managers, branch & bank managers, and corporate. Making such a far-reaching analytics environment cost-effective to implement and easy to maintain presents a number of business and technical challenges. BankAnalytics is specifically designed to address these challenges, and add value through: All of these benefits of BankAnalytics are delivered out-of-the-box, a marked difference from custom development and vendors offering the same application across all industries. Low Risk Implementation As a pre-built, pre-tested solution, BankAnalytics greatly reduces the risk of failure commonly associated with custom-built solutions. Despite the deep investment in time, effort, and resources that custom development initiatives mandate, their success rates are historically below 50%. BankAnalytics is designed from the ground up to provide a complete out-of-the-box solution to enterprise-wide profitability. Complete Control & Audit Developed with mid-tier banks in mind, BankAnalytics' competitive pricing and technology makes it the perfect solution for a bank looking to control its destiny with in-house systems as opposed to out-sourced service providers. And the value-added benefit of full visibility into numbers and processes associated with profitability is far superior to the perceived cost benefit of service provider offerings. The advent of 64bit processors also means BankAnalytics is the perfect choice for the largest of banks looking to reduce costs through the use of out-of-the-box solutions. Built specifically for banks, BankAnalytics delivers proven technology on a scalable architecture that is designed to adapt to a bank's unique scope and structure. Most importantly, BankAnalytics is fully developed and ready to deploy - ensuring the success of your profitability and performance measurement initiative. Low Cost of Ownership Even after a custom application is put into production, technical support and maintenance, functional enhancements and user training all take a heavy toll on operating costs over the lifespan of the solution. Typically, dedicated vendor and IT involvement is required at every step to ensure the solution delivers the business value that initially justified the development project. The lifespan operating costs often exceed the initial development cost by a factor of 10 or more. BankAnalytics, designed and developed within a product management framework, breaks the cycle of expensive sustaining development, and keeps total cost of ownership low through:
Cubespace Pty Ltd