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  • Glarner Kantonalbank pilots Finnova Loan Advisory also for corporate client business
    2019-07-03 07:00 - (Finnova AG)

    Lenzburg/Glarus, 3 July 2019. – The cooperation between Finnova AG and Glarner Kantonalbank (GLKB) is bearing fruit: GLKB is piloting Loan Advisory – a digital loan advisory process – now also for corporate client business. Since December 2018, the digital loan advisory at GLKB has already been available to the private client business in the pilot. The go-live is planned for the third quarter of 2019: the new digital loan advisory solution will subsequently be available to all other banks or financial services providers.

    Finnova and GLKB have newly developed and entirely digitalised the loan advisory process with Loan Advisory. With this new software, all financing transactions for both private and corporate clients can be settled and processed in a digital workflow, from the tablet-supported loan advisory to the loan check, and to quality assurance without system discontinuity. The approval process for standard transactions has been fully automated.

    Loan Advisory is linked with the Finnova Core and is focused on banks' requirements with regard to a systemically consistent, process-supported advisory with a consistent client experience as well as cost-effective, front-to-back processing. Interfaces to the rating and real estate appraisal system as well as the connection of the client dossier complete the modern, digital process chain. With Loan Advisory, banks can provide advice on, approve and fully process all of their loans quickly and consistently; furthermore, 'Loan Advisory' can also be used for non-Finnova banks.

    190703_Press Release Finnova Cantoalbank of Glarus Business credits

  • Ab November 2019 setzt die Habib Bank AG Zürich als Kernbankenlösung auf die Finnova Banking Software und lagert ihre IT- und Backoffice-Prozesse an die Swisscom aus
    2019-06-05 08:59 - (Finnova AG)

    Lenzburg, 3. Juni 2019

    Seit 1974 vertrauen Banken auf Finnova – in der Entwicklung, im Betrieb und in der Beratung. Die Habib Bank AG Zürich (Habib Bank) hat sich für die innovative und offene Kernbankenlösung von Finnova entschieden und setzt damit auf die Stärken im Bereich der Digitalisierung sowie auf zukunftsweisende Funktionalitäten in der Interaktion und der Beratung ihrer Endkunden: «Ausschlaggebend für den Entscheid zugunsten der Finnova Banking Software waren sicherlich die hohe Stabilität, innovative Features wie beispielsweise der neue digitale Arbeitsplatz – Advisory Workbench – oder das Investment Cockpit sowie das hohe Mass an Flexibilität, einerseits hinsichtlich Integration von Drittapplikationen und andererseits hinsichtlich Partnern für den Betrieb und Business Process Outsourcing» so Hendrik Lang, CEO der Finnova. Die Habib Bank bezieht sämtliche Systeme sozusagen aus der Steckdose – full managed Private Banking as a Service von der Swisscom, welche die Koordination und Führung sämtlicher Lizenzen und Sublieferanten übernimmt, sich ebenfalls um eine stabile, sichere und leistungsfähige Architektur des Gesamtsystems kümmert und dessen Weiterentwicklung plant.
    Mit der Finnova Banking Software steht der Habib Bank eine sowohl funktional als auch betriebswirtschaftlich attraktive Plattform mit modernen Banking Services zur Verfügung. Finnova entwickelt diese Plattform kontinuierlich weiter und stellt durch substanzielle Investments in die Architektur deren nachhaltigen Werterhalt sicher. Finnova investiert selbst in innovative Digitalisierungslösungen, gleichzeitig bietet sie über die Open Platform Banken ein hohes Mass an Individualisierung. Insgesamt vertrauen inzwischen bereits über 100 Banken auf Finnova. Damit bestätigt Finnova ihre Marktführerschaft mit den meisten Installationen in der Schweiz.

    Finnova Medienmitteilung Habib Bank Zürich

  • Finnova and Taxsource enter into partnership and already gain three banks for their tax reporting services
    2019-03-26 07:00 - (Finnova AG)

    Tax reporting services of Finnova and Taxsource

    Finnova and Taxsource enter into partnership and already gain three banks for their tax reporting services

    Lenzburg, 26.03.2019 – Finnova is also integrating Taxsource's 'ALPHATAX' tax solution into the Finnova Banking Software to offer banks added value with a future-oriented solution in the area of tax reporting. Finnova is thereby continuing the systematic opening up of its software and addressing banks' needs in this digitalisation era.

    The seamless integration of the Taxsource solution, one of the leading tax solutions for over 20 foreign jurisdictions, into the Finnova Banking Software allows Finnova's over 100 customer banks to offer their bank clients a tax reporting compliant with regulatory requirements in their familiar CI/CD. Schaffhauser Kantonalbank, NEUE BANK AG and acrevis Bank AG are the first Finnova banks to use this tax reporting solution for their clients.

    Simon Kauth, Chief Product Officer of Finnova, says, "Thanks to our additional partnership with Taxsource and its 'ALPHATAX' solution, we are looking forward to being able to further expand the Finnova ecosystem with regard to tax reporting. Products and services are often interchangeable in the software world. Therefore, software providers can only effectively differentiate themselves through service, customer benefit and innovation. With Taxsource, Finnova has gained a partner which also lives by these values."

    Christoph Rapp, CEO of Taxsource, adds, "The standard integration of our solution into the Finnova Banking Software allows banks to offer tax certificates that are compliant with regulatory requirements and easy to generate for bank clients with domicile in Switzerland and abroad.

    Press Release Finnova with Partner Taxsource 190326

  • Finnova and True Wealth enter into product partnership and acquire their first customer bank, Regiobank Solothurn
    2018-11-27 07:00 - (Finnova AG)

    Digital asset management from Finnova and True Wealth
    Finnova and True Wealth enter into product partnership and acquire their first customer bank, Regiobank Solothurn

    Lenzburg, 27.11.2018 – Finnova has integrated True Wealth's Robo-Advisor solution into the Finnova Banking Software to provide added value to banks with a forward-looking digital asset management solution. Finnova is thereby continuing the systematic opening up of its software and addressing banks' needs in this period of digitalisation.

    The seamless integration of True Wealth's solution into the Finnova Banking Software allows the 100 Finnova banks to offer their bank clients intuitive, feature-rich digital asset management as an enhancement.

    Regiobank Solothurn is the first Finnova bank to make this digital asset management available to its clients.

    It enables banks to provide their clients with the following advantages:
    • An intuitive, attractive investment experience directly in e-banking
    • Option to configure an individual investment strategy for implementing personal investment requirements
    • Full control and transparency thanks to daily reports and possibility of adjusting the portfolio and making inpayments or outpayments at the click of a button

    Banks themselves enjoy the following benefits:
    • Quick market launch and low investment costs thanks to software as a service and standard integration
    • Low costs thanks to straight through processing and full automation
    • Extended digital asset management range to appeal to the digitally savvy client segment with a professional, functionally attractive investment solution
    • Refined, yet easy-to-use options for individualisation – the solution appeals not only to classic wealth management clients, but also to a wide spectrum of clients with innovative investment opportunities

    Raphael Widmer, Finnova's Chief Customer Officer says, "We are pleased to further expand Switzerland's largest banking ecosystem thanks to the new partnership with True Wealth and new customer Regiobank Solothurn. Our aim is to appeal to more banks in the future." Christoph Erb, True Wealth's Head of Business Development adds, "The standard integration of the solution into the Finnova Banking Software provides banks with easy access to digital asset management."

    181127 Press Release Product Partnership Finnova and True Wealth

  • Hypotheken – Die Beratungsqualität entscheidet
    2018-11-15 13:00 - (IFZ Institut für Finanzdienstleistungen HSLU)

    In der siebten Studie zum Schweizer Retailbanken-Markt zeigt das Institut für Finanzdienstleistungen Zug IFZ der Hochschule Luzern auf: Beim Hypothekarentscheid sind die Beratungsqualität sowie die Zinshöhe die wichtigsten Kriterien. Auf der Bankenseite gibt es im Hypothekarprozess dank der Digitalisierung noch ungenutztes Sparpotenzial. Im jährlichen Ranking der erfolgreichsten Retail-Banken schwingen wiederum kleine Banken oben auf.

    Es gibt verschiedene Gründe, warum sich Kunden für eine Bank entscheiden. Beim Abschluss einer Hypothek sind aber nicht nur günstige Zinsen, sondern eine gute Beratungsqualität und die persönliche Bekanntschaft zu einem Kundenberater entscheidend. Dies zeigt eine Umfrage bei rund 220 Kundinnen und Kunden im Rahmen der Retail Banking-Studie 2018 (siehe Kasten) des Instituts für Finanzdienstleistungen IFZ.

    Medienmitteilung IFZ HSLU Retailbanking Studie 2018

    Finnova engagiert sich als führender Anbieter von Bankensoftware seit 2012 als Sponsor der Retail-Banking-Studie des IFZ der Hochschule Luzern. Dank dem Finnova-Sponsoring lassen sich solche Studien von wissenschaftlicher Seite her überhaupt durchführen. Die Kunden von Finnova profitieren in zweierlei Hinsicht vom Engagement: einerseits von Vergünstigungen beim Kauf der Studienergebnisse (Spezialpreis CHF 270, bei Bestellung ‚Finnova‘ angeben) und andererseits vom Transfer der Erkenntnisse ins Finnova Product Management. Die Unabhängigkeit des Studienträgers ist für die neutrale, faktenbasierte Interpretation der Ergebnisse zwingend. Deshalb beschränkt sich Finnova auf die Rolle als Sponsor. 


  • 2018-11-14 07:00 - (Finnova AG)

  • 2018-11-07 10:34 - (Finnova AG)
  • Finnova opens up further for fintechs and offers the Business Finance Manager
    2018-10-15 10:30 - (Finnova AG)

    Switzerland's largest banking community grows further
    Finnova opens up further for fintechs and offers the Business Finance Manager

    Lenzburg/Zurich, 15 October 2018 – Low brokerage fees and meagre interest rates define the market. In addition, increasing digitalisation is presenting the sector with major challenges, but also significant opportunities. Finnova is building on this, developing its partnership with Contovista and the Business Finance Manager for SMEs.

    Banks in transition – Digitalisation as an opportunity
    Digitalisation provides banks with significantly more potential than the development of a standardised customer journey. For example, using all available data sources and explaining relationships between events and behaviours, custom-made solutions can be developed. User profiles would thereby be continually refined, and made-to-measure solutions that match the clients' needs structure would result.

    Banks can future-proof their business models through innovation. The focus of new business ideas is often limited to visible elements, such as new apps. Other important areas are forgotten. Industrialisation in the finance sector has long included products and services from specialised third-party providers.

    Finnova develops successful partnership with Contovista and the Business Finance Manager
    An increasing number of fintechs are joining the Finnova Community to support banks with these solutions – the vision is still to develop the Finnova platform so that it is a leading ecosystem for modern end-to-end banking. Finnova is strengthening its strategic partnership with data analysis fintech Contivista, and now offers the Business Finance Manager (BFM) for SMEs.

    The BFM solution from Contovista saves valuable time for business clients during financial planning thanks to automatic classification of transactions. It also permits anticipatory liquidity planning, making it possible to offer custom-made products or to proactively initiate contact with the advisor. The software also supplements the accounting tools. The enriched data can be exported and used further, for example when posting business transactions. Finnova banks can simply integrate the BFM additional option into their client portal or e-banking, thereby offering their business clients new solutions.

    The cooperation between Finnova and Contovista has proved itself. Nine Swiss Finnova banks are already using the financial assistant for private clients for client retention and increase in turnover, and with the BFM, the partners are reacting to the significant demand on the market for a corresponding solution for corporate clients. The cooperation is completed through joint appearances – for example at the Swiss Fintech Day on 16 October in Zurich – where the companies will present the solution approaches for the bank of tomorrow together.

    Gian Reto à Porta, CEO of Contovista, says, "With our Business Finance Manager, we offer SMEs simple and fast options for keeping track of their liquidity management and focusing on their core business. It also offers new advisory methods for banks. For example, proactive, targeted recommendations or services could be offered on the basis of cash-flow analysis."

    Ralph Hutter, Product Manager Digital Banking at Finnova adds, "We are always on the lookout for dynamic, innovative products that provide real added value for banks and bank clients, especially in times of digital transformation and open banking. With Contovista, we are holding onto one of our most important product partners. We are already looking forward to relevant future services."

    MM_181015_BFM_Contovista_en