Banking & Financial Services
Transforming Banking & Financial Services with Advanced Data Solutions
Enterprise Risk Management for Banking
- Banks are constantly under intense regulatory scrutiny; hence, ensuring compliance and enforcement are crucial. Effectively managing gaps in defining Key Risk Indicators (KRIs), challenges with data consistency and availability, and inconsistent breach reporting is essential to avoid or address consent orders.
- DATAECONOMY uses its deep banking domain expertise and next-generation architecture patterns—such as data mesh, data frameworks and adapters, microservices-based consumption APIs, micro frontends, and Generative AI—to provide comprehensive solutions
Risk & Finance Technology
Implement Generative AI-based applications and integrate with GitHub Copilot to enhance data quality and automate data privacy compliance across key risk indicators.
- Develop a central risk platform for consolidating Risk Metric Data across categories.
- Implement a risk data layer for metric data consolidating using a common data model.
- Create common consumption APIs for easy access.
Offer users greater access to the risk metrics and enable them to visualize it better.
- Develop a risk portal so that the Three Lines of Defense (3 LOD) functions can efficiently perform their tasks.
- Use a KRI dashboard and metrics inventory management system for overall risk management.
Use our Generative AI accelerators to support important regulatory tasks like FR 2052a testing, liquidity risk reporting, evaluating operational processes, and generating credit memos.
Link risk functions and their communications for enhanced transparency and governance.
Retire EUC apps faster with Generative AI and experience compliance and efficiency in app migration.
Secure your data and operations with our self-serve Model Execution Platform and enjoy secure data access, robust data lineage, and streamlined data management.
Meet BCBS239 requirements with our comprehensive data management and reporting solutions for Global Systemically Important Banks (GSIBs) and Domestic Systemically Important Banks (DSIBs).
Seamlessly integrate risk and finance functions to gain a unified view of risk exposure and financial performance, enhancing decision-making and strategic planning.
Easily navigate regulatory requirements with our Comprehensive Capital Analysis and Review (CCAR) and Basel III solutions to ensure regulatory compliance and financial stability.
Modern Enterprise Risk Management Platform
Upgrade Legacy ERM Systems:
Implement Generative AI-based applications and integrate with GitHub Copilot to enhance data quality and automate data privacy compliance across key risk indicators.
- Develop a central risk platform for consolidating Risk Metric Data across categories.
- Implement a risk data layer for metric data consolidating using a common data model.
- Create common consumption APIs for easy access.
Enable Better Access and Visualization:
Offer users greater access to the risk metrics and enable them to visualize it better.
- Develop a risk portal so that the Three Lines of Defense (3 LOD) functions can efficiently perform their tasks.
- Use a KRI dashboard and metrics inventory management system for overall risk management.
Generative AI Accelerators for Regulatory Reporting and Compliance
Use our Generative AI accelerators to support important regulatory tasks like FR 2052a testing, liquidity risk reporting, evaluating operational processes, and generating credit memos.
Improve Transparency and Governance:
Link risk functions and their communications for enhanced transparency and governance.
End-User Computing (EUC) Retirement with Generative A
Retire EUC apps faster with Generative AI and experience compliance and efficiency in app migration.
Self-Serve Model Execution Platform (MEP)
Secure your data and operations with our self-serve Model Execution Platform and enjoy secure data access, robust data lineage, and streamlined data management.
Technical Strategies for Regulatory Compliance
Build and implement tailored technical strategies to address and meet regulatory compliance requirements.
BCBS239 for GSIBs and DSIBs
Meet BCBS239 requirements with our comprehensive data management and reporting solutions for Global Systemically Important Banks (GSIBs) and Domestic Systemically Important Banks (DSIBs).
Consumer Risk / Liquidity Risk Reporting
Effective risk management relies on precise and timely reporting of consumer and liquidity risks. Use our cutting-edge tools for in-depth risk analysis and reporting.
Risk & Finance Integration
Seamlessly integrate risk and finance functions to gain a unified view of risk exposure and financial performance, enhancing decision-making and strategic planning.
CCAR / Basel III
Easily navigate regulatory requirements with our Comprehensive Capital Analysis and Review (CCAR) and Basel III solutions to ensure regulatory compliance and financial stability.
GDPR
Ensure compliance with General Data Protection Regulation (GDPR) through our data protection and privacy solutions. Partner with us to protect sensitive customer data.
Retail Banking
Customer 720 (Customer Knowledge Platform)
Get a 360-degree view of your customers with Customer 720, our comprehensive customer knowledge platform designed to improve customer relationship management and personalization.
Data Ecosystem
Create a comprehensive data ecosystem that seamlessly connects diverse data sources, facilitating in-depth analysis and informed decision-making throughout retail banking operations.
Digital (Channels) – Event Hub
Our event hub seamlessly integrates digital channels, enabling real-time data processing, and customer engagement through event-driven architecture.
Mortgage Document Management-as-a-Service using Big Data
Streamline mortgage document management with our big data analytics solutions, offering scalable and efficient document processing and storage.
Payment Hub
Optimize payment processing and management with our advanced Payment Hub, ensuring secure, efficient, and compliant transaction handling.
Fraud Detection / AML
Protect your business against fraud and comply with anti-money laundering (AML) regulations using our sophisticated fraud detection and AML solutions powered by advanced analytics and machine learning.
KYC
Simplify and enhance Know Your Customer (KYC) processes with our comprehensive solutions for customer verification and compliance.
IB / Capital Markets
Commercial 720
Enhance your commercial operations with Commercial 720, a platform that provides insights and the best business intelligence tools to manage capital markets activities effectively.
Market Risk / Liquidity Risk Reporting
Use our advanced reporting tools to analyze market and liquidity risks, providing accurate and actionable insights into financial market operations.
BCBS239 for GSIBs and DSIBs
Our solutions support compliance with BCBS239 standards for Global and Domestic Systemically Important Banks, ensuring effective risk data aggregation and reporting.
Compliance Hub
Ensure regulatory compliance with our Compliance Hub, offering tools for monitoring, reporting, and managing regulatory requirements.
Electronic Communication Surveillance
Monitor and analyze electronic communications to detect and prevent compliance breaches and ensure regulatory adherence.
iVar, hVar and mVar Models
Use our advanced iVar, hVar, and mVar models for improved risk assessment and financial forecasting.