Banking Performance Management System
Banking Challenges today follows the rapid changing economic environment, which leads into narrowed margins, the need for new banking products, increased competition among banking institutions and increased risks. Banking Institutions need to improve their strategic decision making process in order to satisfy the ever increasing customer requirements and loyalty decrease, the new regulatory environment and the implementation of Risk-adjusted capital requirement rules.
Business Intelligence tools can be used by banks for historical analysis, performance based budgeting, business performance analytics, employee performance measurement, executive dashboards, marketing and sales automation, product innovation, customer profitability, regulatory compliance and risk management.
Banking Performance Management System (Banking PMS), is an integrated set of application modules providing a unified framework to facilitate business decisions for the Banking Industry. Banking PMS –is based on a Proven Information Model, that enables the Bank to have a consolidated trusted information analysis and drives Business Insights, utilizing clean data extracted from several products-operational and transactional systems and selling channels.
Banking Performance Management System -utilize an intelligent architecture that provides Reporting, Analysis and Performance Monitoring capabilities into one seamless experience for the business user. Through a modern and intuitive user interface core banking information is organized into business areas giving the opportunity for business exploration that would be impossible through different BI architectures.
Banking Performance Management System (BPMS) is a Dynamic Business Intelligence (BI) application, which derives all its data directly from the existing core applications or Data Warehousing Systems and offers intuitive user-friendly dashboards that turn questionable results into manageable tasks – regardless of an individual’s technical abilities. BPMS delivers personalized information proactively through dashboards, helping users to spend less time collecting, compiling, and validating data, and more time evaluating information and making informed decisions that support strategic objectives.