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  • Finnova Honored for Innovation in Financial Analytics with 2020 FinTech Breakthrough Award
    2020-03-12 06:00 - (Finnova AG)

    Finnova Honored for Innovation in Financial Analytics with 2020 FinTech Breakthrough Award

    Prestigious Awards Program Recognizes Outstanding Financial Technology Products and Companies

    LOS ANGELES, March 11, 2020 – FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market, today announced that Finnova, a leading provider of banking software in the Swiss financial center, has been selected as the winner of the “Best Predictive Analytics Platform” award for its Finnova Analytical Framework (FAF).

    FAF is a truly unified analytical platform which fulfills all analytical needs of a modern financial institution, offering a complete and fully consistent 360° analytical view on all its threats, risks and potentials therein.

    FAF is based on a novel aggregated approach that covers a myriad of compliance and non-compliance related topics simultaneously, including anti-money laundering (AML), fraud detection & prevention, sanction screening, adverse media analysis, creditworthiness analysis, analytical CRM, cyber analytics, risk management & accounting modeling, robo-advisory or modeling of financial market data. All of these areas are well-covered by the single FAF analytical platform, resulting in enormous synergies, consistency, saving potential and cost reduction.

    (...)

    Press Release Finnova FinTech Breakthrough Award 2020

  • Goodbye “Fin”? Hello “Tech”!
    2020-03-04 14:01 - (Finnova AG)

    The Swiss FinTech market has experienced a slowdown in growth compared to the previous year. At the same time, however, the industry has matured. This is shown by the results of the "IFZ FinTech Study 2020" of the Lucerne University of Applied Sciences and Arts. A pattern is emerging among the players in the industry: Tech companies are beginning to outpace the financial companies.

  • Stabübergabe im Finnova Application Management in Seewen
    2020-01-17 07:00 - (Finnova AG)

    Lenzburg, 17.01.2020 – Nach erfolgreichen 15 Jahren hat Oswald Föhn die Führung des Application Managements der Finnova AG in Seewen/SZ per 1. Januar 2020 an Christian Reinhard übergeben.

    Oswald Föhn wird Finnova Mitte 2020 in Richtung Ruhestand verlassen. Dank seiner kompetenten, kundenorientierten und von Vertrauen geprägten Führungsarbeit hat sich die Abteilung Application Management zum strategischen Leistungszentrum entwickelt. Knapp 50 Mitarbeitende betreiben die Software für mehrere Kundenbanken auf unterschiedlichen Plattformen. Die Bedeutung des Applikations- und Plattformbetriebs wird in Zukunft weiter steigen, denn in einer zunehmend fraktalen Software-Landschaft stellt das Wissen um die Integration und den Betrieb von Bankensoftware mit vielfältigen Drittprodukten und -lösungen einen echten unternehmerischen Mehrwert dar. Auch zwei der drei Teams der 2018 gegründeten Abteilung Solutions arbeiten unter der Leitung von Arthur Camenzind am Standort Seewen. Oswald Föhn hat wesentlich zur Gründung dieser Abteilung beigetragen, der auch ein Team in Lenzburg angehört.

    Christian Reinhard wechselte im Februar 2019 von der Bank Julius Bär & Co. AG zu Finnova, wo er die Strategie Business Solutions as a Service (Finnova BSS) entwickelte. Erste Berührungspunkte mit Finnova hatte er bereits während seiner Tätigkeit für die Obwaldner Kantonalbank, einen Finnova-Kunden. Mit seinem breiten bankfachlichen Wissen, das von der Schalterarbeit über die Hypothekar- und Anlageberatung bis hin zu Projektleitung und Produktmanagement reicht, ist Christian Reinhard bestens für die Rolle als Leiter des Application Managements geeignet.

    200117 MM Stabübergabe Seewen


  • 2020-01-16 06:00 - (finn)
  • Dritter Finnova-Technology-Award am Churer Finnova-Standort vergeben
    2019-11-27 00:01 - (Finnova AG)

    Finnova-Technology-Award an der Fachhochschule Graubünden 

    Dritter Finnova-Technology-Award an Photonicsstudent der Fachhochschule Graubünden vergeben 

    Wie lässt sich Künstliche Intelligenz (KI) im Sanitärbereich einsetzen? Dieser Frage ist Viktor Kessler in seiner Bachelorarbeit im Rahmen seines Photonicsstudiums an der FH Graubünden nachgegangen. Für seine Arbeit wurde er am Dienstag, 26. November, mit dem Finnova-Technology-Award ausgezeichnet. Die Verleihung fand in den Räumlichkeiten der Finnova AG in Chur statt, wo Finnova Entwicklungsteams für Digital Banking und Core Applikationen beschäftigt.

    Lenzburg/Chur, 26. November 2019. – Viktor Kessler (Chur, GR) untersuchte in seiner Bachelorarbeit im Rahmen des Photonicsstudiums, wie Künstliche Intelligenz (KI) im Sanitärbereich eingesetzt werden könnte. Seine Absicht: das Bad soll intelligent und personalisiert werden. Kessler nahm sich zum Ziel, , das Potenzial von KI in Bezug auf die Produkte der Oblamatik AG zu ermitteln und eine mögliche Umsetzung aufzuzeigen. Im Rahmen von Workshops erarbeitete er zwei unterschiedliche Methoden und unterbreitete der Churer Oblamatik AG Empfehlungen. Der von ihm entwickelte Prototyp simuliert einen Wasserhahn, der berührungslos mit Gestenerkennung gesteuert werden kann.  

    Abschlussarbeiten mit hoher Praxisrelevanz
    Die Bachelorarbeit «Machbarkeitsstudie zur Anwendung von KI im Sanitärbereich» überzeugte die Jury des Finnova-Technology-Awards durch die fundierte Erörterung der Grundlagen Künstlicher Intelligenz, die systematische Herangehensweise und die hohe Praxisrelevanz der Forschungsergebnisse. Ralph Hutter, Head Product Management Ecosystems von Finnova, des in Lenzburg beheimateten führenden Bankensoftware-Herstellers überreichte Kessler den mit Tausend Franken dotierten Preis zusammen mit Prof. Corsin Capol, Dozent für Informatik, Institut für Photonics und ICT der FH Graubünden, am Dienstag in Chur.

    Insgesamt gingen neun Bachelorarbeiten für den diesjährigen Finnova-Technology-Award ein. Diese stammten aus ganz unterschiedlichen Disziplinen. «Die Arbeiten zeigen eindrücklich auf, was motivierte Studierende erreichen können. Technologie, Innovation und unternehmerisches Denken und Handeln wird an der FH Graubünden nicht nur gelehrt, sondern gelebt», sagte Professor Corsin Capol, Jury- Mitglied und Dozent für lnformatik an der FH Graubünden. Viktor Kesslers Bachelorarbeit besteche nebst seiner technisch-konzeptionellen Qualitäten auch durch die Nachhaltigkeit in der ökonomischen Betrachtung. Auch Jury-Mitglied Ralph Hutter betonte, dass mit der Vergabe des dritten Finnova-Technology-Award erneut exzellente Arbeiten ausgezeichnet würden. «Davon profitiert unser Entwicklungsstandort Chur und es untermauert die langjährige Zusammenarbeit mit der FH Graubünden», sagte er.

    Die für den diesjährigen Finnova-Technology-Award eingereichten Bachelorarbeiten stammen aus den Bereichen Photonics, Information Science, Multimedia Production und Digital Business Management. Die Spannbreite der Themen umfasste die Bereichen Blockchain, Gesichtserkennung, Augmented Reality in Printmedien, Voice Commerce, Künstliche Intelligenz, Wearable Platform oder Usability.

    Award als Förderinitiative der Finnova 
    Der Finnova-Technology-Award ist eine Förderinitiative von Finnova im Bereich der angewandten Wissenschaften und findet bereits zum dritten Mal statt. Der Wirtschaft mangelt es an kompetenten und initiativen jungen Nachwuchskräften, welche die Transformation der Wirtschaft und Gesellschaft in Richtung Digitalisierung und Automatisierung vorantreiben. Sie stellt damit eine wichtige Verbindung zwischen Forschung und ökonomischer Praxis am Standort Chur dar. Die Teilnahme am Finnova-Technology-Award steht allen Studienrichtungen der FH Graubünden offen.

    Unser Alltag ist voll mit Protonics-Aufgabenstellungen
    Photronics spielt in unserem Alltag eine wichtige Rolle, ohne dass wir uns dessen bewusst sind. Früh am Morgen holt uns der Wecker des Smartphones aus dem Schlaf, eine Wischbewegung über den Touchscreen bringt ihn zum Schweigen. Beim Betreten eines Geschäftes öffnen uns optische Infrarotsensoren automatisch die Tür. Abends geniessen wir die brillanten Farben des OLED-Grossbild-TV. In all dem steckt Photonics und genau darum geht es im schweizweit einzigartigen Bachelorstudium: um das Verstehen, das Anwenden und das Weiterentwickeln von lichtbasierten Technologien. Die FH Graubünden bietet als einzige Fachhochschule der Schweiz ein Bachelorstudium in Photonics an.

    MM_Finnova_Technology_Award_2019

    Bilddownload: https://files.finnova.com/s/tHBC2GG6j1vVzmL3/fo

    Foto: Yvonne Bollhalder (zur freien Medienverwendung mit Angabe)

     

  • Finnova further develops its community with a leading pension company
    2019-11-25 13:21 - (finnova AG Bankware)

    Lenzburg, 22.11.2019 – On 18 November 2019, independent pensions platform Liberty seamlessly replaced its old back end system with the Finnova Banking Software.


    "The decision to map our core processes using the proven Finnova Banking Software was made with full conviction following a thorough evaluation phase. In particular, the tried-and-tested breadth of banking functions, the flexible parameterisation options and the open system, which gives access to the large Finnova ecosystem, really convinced us," says Oliver Bienek, CEO of Liberty. "As we have only selected the software modules that are relevant to us in a SaaS solution from Finnova's Application Management and solution centre in Seewen (SZ), it is economically feasible for us as an SME too." The migration to the Finnova software began in April 2019 and was carried out in three phases: master data, transactions and reporting. The functionalities were implemented on the Finnova platform 'Business Solutions as a Service' (BSS).

    "We are pleased to have succeeded in the evaluation process up against specialised providers and that, with Liberty, the first pension company is running on our BSS platform," says Hendrik Lang, CEO of Finnova. In the context of its new strategy, Finnova is using BSS to offer the Finnova Banking Software to other financial institutions such as insurance companies, pension companies and external asset managers. "Thanks to the good cooperation with Liberty and our partner Soranus, who, alongside Finnova, was responsible for the overall project management and the migration service, the project could be implemented quickly."

    Finnova further develops its community with a leading pension company

  • Finnova and FactSet launch a shared market data portal for banks
    2019-10-30 11:00 - (Finnova AG)

    Lenzburg, October 30, 2019. – Finnova is certifying the market data portal of FactSet for the Finnova Banking Software to offer banks added value in the area of market data with an integrated solution. Finnova is thereby continuing the systematic opening up of its software and addressing banks' needs in this digitalisation era.

    The high-performance FactSet Markets Portal is seamlessly integrated as a data solution into the E-Banking suite of the Finnova Banking Software. This enables Finnova's over 100 customer banks to offer their bank clients the timely and comprehensive market information of FactSet in their usual design.

    The FactSet Markets Portal is a solution that is ready for immediate use and individually adaptable, which the Finnova banks can integrate into their own e-banking platforms. This allows them to access FactSet data, including news and prices, as well as macro data regarding indices, currencies, commodities and government bonds, and to provide these directly for their clients in an intuitive user interface. Furthermore, numerous functional components such as sample portfolios, watchlists and alerts are available to maximise the benefit for each individual user. The portal components can be generated automatically and adjusted in such a way that they correspond to the investments of the individual clients, thus promoting client engagement and communication. The FactSet Markets Portal enables banks to offer their clients a personalised, data-driven digital experience, without a costly in-house development being required.

    "We are delighted to expand our offer of digital services together with FactSet", says Simon Kauth, Chief Product Officer at Finnova. "True to our claim to provide information in an integrated way and in the right context, the FactSet Markets Portal provides bank clients with a high-quality and up-to-date view of markets, and offers them the corresponding online services. The multitude of market data and financial market contents can thus be presented in an individual and consolidated manner. With the FactSet solution integrated into our platform, we provide our customers with contextual, up-to-date market data and thereby not only improve decision bases, but also enable the development of further business potentials."

    "Private investors demand more real-time data and performance reporting that is tailored to their portfolios", observes Goran Skoko, Global Head of Wealth und Managing Director EMEA and APAC at FactSet. "This demand puts our customers under intense pressure, in particular medium-sized private client banks and financial advisors who are looking for digital solutions to expand and further improve their offer. With the introduction of our new portals, we are providing our customers with a technological infrastructure that can be scaled without major internal investment."

    Press Release Finnova and FactSet launch a shared market data portal for banks

  • 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

  • Habib Bank AG Zurich chooses the Finnova Banking Software
    2019-06-05 08:59 - (Finnova AG)

    Lenzburg, 3 June 2019. – As of November 2019, Habib Bank AG Zurich will be using the Finnova Banking Software as its core banking solution and will outsource its IT and back-office processes to Swisscom.

    Since 1974, banks have relied on Finnova – in development, in operation and in advisory. Habib Bank AG Zurich has opted for Finnova's innovative and open core banking solution. It will thereby benefit from Finnova's strengths in the area of digitalisation as well as the future-oriented functionalities in the interaction with and advisory of its end clients. "The high stability and innovative features, such as the new digital workstation – Advisory Workbench – and the Investment Cockpit, as well as the high degree of flexibility with respect to the integration of third-party applications and with respect to partners for operation and business process outsourcing were certainly decisive factors for opting in favour of the Finnova Banking Software," says Hendrik Lang, CEO of Finnova. Habib Bank is acquiring fully managed Private Banking as a Service. Swisscom will coordinate and manage all licences and subsuppliers, ensure the stability, security and high-performance of the architecture of the overall system, and plan its further development.

    With the Finnova Banking Software, Habib Bank has both a functionally and economically attractive platform with modern services at its disposal. Finnova continually develops this platform and ensures its sustainable value preservation through substantial investments in the architecture. Finnova invests in innovative digitalisation solutions, while offering banks a high degree of individualisation via the Open Platform. In total, over 100 banks already rely on the Finnova software. Finnova thereby confirms its market leadership with the most installations in Switzerland.

    Press Release Finnova Habib Bank AG Zurich