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- Stabübergabe im Finnova Application Management in Seewen
2020-01-17 07:00 -
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.
2019-11-27 00:01 -
- Finnova further develops its community with a leading pension company
2019-11-25 13:21 -
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 and FactSet launch a shared market data portal for banks
2019-10-30 11:00 -
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."
- Glarner Kantonalbank pilots Finnova Loan Advisory also for corporate client business
2019-07-03 07:00 -
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.
- Habib Bank AG Zurich chooses the Finnova Banking Software
2019-06-05 08:59 -
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.
- Finnova and Taxsource enter into partnership and already gain three banks for their tax reporting services
2019-03-26 07:00 -
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.
- Who Will Survive the FinTech Evolution?
2019-02-27 14:01 -
The Lucerne University of Applied Sciences and Arts has conducted its fourth review of the Swiss FinTech market. The results of the study indicate the continued strong growth and increasing importance of the local FinTech sector. The study also seeks to investigate how traditional banks are dealing with the digital evolution.
The «IFZ FinTech Study 2019» from the Lucerne University of Applied Sciences and Arts, released on 27 february 2019, provides an extensive overview of the current condition of and developments in the Swiss FinTech sector. In line with the results from last year’s study, the Swiss FinTech sector is still shown to benefit from excellent conditions. The global FinTech hub ranking once again positions the cities Zurich and Geneva on rank 2 and 3.
- Finnova FinTech partnership: FinTech Study 2019 of IFZ/LUASA
2019-02-20 15:11 -
How can banks survive the FinTech evolution?
FinTech is considered an innovative solution for the challenges in the financial industry and shows a high growth rate. In addition to the presentation of the results of the IFZ FinTech study, we will be hearing about recent developments in the field of FinTech from our excellent speakers.
The venu in Zug is sceduled at the IFZ institut for wednesday 27 february at 1pm.