Financial Services Solution

Facilitating the Banking sector improve its cost savings & revenue growth practices through Collaborative Portfolio Management Solutions

Click to enlarge		Modern Technology application in Corporate & Consumer Banking, including banking via the Internet, has attracted increasing attention over the past several years from bankers, financial services industry participants, the business press, lawmakers, and regulators, both in the United States and in other Countries. However, the fear of increased risks, security issues, and more importantly the lack of a specialized and a comprehensive solution that can manage the entire technology portfolio associated in this
arena is significantly inhibiting the potential growth of all small, medium, and large players within this industry. This eventually impacts the potential cost savings, revenue growth, and even customer convenience for most of the banks within this sector.

InventX^™ Solution
InventX^™ provides a highly specialized & comprehensive web-based Collaborative Portfolio Management Solution for this problem domain in the banking sector that directly addresses superior cost savings practices and thereby facilitates significant growth in total revenues for every bank in both short & long run.

InventX^™ Financial Services solution helps the banks to integrate & support customer, officer, and product profitability information including Marketing/Portfolio analysis, Pricing Decisions, Product Decisions, Performance Benchmarking, and Client Management Process etc in real-time across more than one channel in a highly secure environment.

InventX^™ Financial Services solution has been architected to reflect project/process management workflow, especially in the multiple channel cost savings & revenue growth model wherein there is a critical need for a highly disciplined methodology of managing portfolio of projects. With our safe & sound Technology practices, multiple projects can be efficiently managed based on the Demographics, Product type, Global operations, Industry Segment, Mortgage Type, Risk Rating, Pricing Portfolio, Client Management Process, Amortization Scheme etc.

Outcome
InventX^™ Financial Services solution helps all Project Stakeholders, Managers, and Executives in making firm & effective decisions that directly ties to the cost savings & total revenue growth of the financial institution.

Some of them are listed below:

	Identify Revenues/Profitability by product, segments, country, data warehouse etc.
	Identify top customers.
	Track progress of sales in target markets.
	Identify and track cross-sale opportunities.
	Improve asset and equity utilization; enhance revenue generation.
	Provide better discipline in pricing decision through improved information and increased accountability.
	Compare profitability with projections used in the Pricing Model.
	Competitive pricing analysis.
	Identify improvement opportunities
	Track/report profitability of products/sub-products.
	Improved understanding of relationship of product offerings.
	Improve awareness of profitability issues.
	Track progress of market penetration with Tier 1 customers.
	Provide revenue/profitability tracking for Client Managers.
	Provide revenue/profitability tracking for Product Managers (Senior Bank Debt Specialists, Treasury Management Officers, Capital Markets Specialists etc)
	Track deals done versus deals done away.

By offering Superior Project Planning, Enhanced Team Collaboration, Improved Resource Management, Multi-project Scheduling Methodology, Efficient Time Tracking, Effective Project-tracking and Financial Management Reporting InventX^™ Financial Services Solution plays a significant role in helping banks to move Federal bank regulators’ Capital, Asset quality, Management, Earnings, Liquidity, and Sensitivity to market risk (CAMELS) rating from 5 (worst rating) to 1(best rating).

Security is 100% ensured by InventX^™ at three major levels, namely, the user level, the application level, and the project level. Because of this reason, InventX^™ Financial Services Solution also facilitates banks to radically enhance their Uniform Rating System for Information Technology (URSIT).

ERP / Financial Systems Integration
The distributed n-tiered open architecture of InventX’s products facilitates easy integration with any existing Financial/Legacy/ERP systems. The following diagram depicts the high-level integration scenario:

A Superior Solution!
InventX^™ Solutions are designed completely based on Industry Standard Methodologies and Best Practices (Project Management Institute’s Project Management Body of Knowledge [PMBOK], Software Engineering Institute’s Capability Maturity Model [CMM]). The core strength of InventX^™ solution is its ability to tailor its solution to a specific banker’s internal and/or external needs. For instance, a bank must track performance benchmarking during the execution of the projects pertaining to Revenue per officer, Performance versus Peer Group, Performance versus Target, Track current year revenue production against prior years, Corporate Finance Credit, and so on. This customization is done at the enterprise level, yet can be driven down to the portfolio, project, and document level.

For more information on our Company & Solutions for banking and other sectors of Financial Services Industry, please visit www.inventx.com