Outsourcing payment transactions to Swisscom means that around 120 million Zürcher Kantonalbank transactions will be handled annually by Swisscom’s bank processing centre, which is using Finnova Banking Software.
Industrialisation moves forward
Nine Finnova banks are in the top ten of the IFZ's 2016 ranking for cost-to-income ratio. According to the 2016 Retail Banking Study of the Lucerne University of Applied Sciences and Arts IFZ, Finnova banks have kept up last year's excellent results.
Finnova banks have a handle on CIR
The Finnova Analytical Framework (FAF) enables banks to bring concepts such as artificial intelligence and evolutionary learning into their back office. Finnova has won the 'Banking IT Innovation Award 2016' of CC Sourcing.
"Fintech startups can play a major role as incubators for innovative solutions and catalysts of change in the financial industry". Interview mit Hendrik Lang, Chief Customer Officer
Catalysts of change in financial industry
How is Aargauische Kantonalbank (AKB) able to save around 25% compared with its previous solution for managing securities data? The Finnova Banking Software is at the heart of the Swisscom banking processing centre on which the securities data solutions runs via adapter.
BPO brings 25% savings for AKB