London, England, 14th June 2004 –
Finantix, the leading software vendor of
process-oriented, client-centric and
sales-driven financial components for
retail, private, corporate and financial
services firms, is pleased to announce that
Dunfermline Building Society (DBS) has
selected Finantix Components to implement
its innovative ‘Destiny’ business strategy
and provide its clientele with
next-generation CRM and lending services.
After an extensive vendor evaluation
process, DBS opted for Finantix Components
to deliver its strategic ‘Destiny’ project,
a forefront plan to revolutionise the bank’s
delivery organisation from a client-centric
perspective.
DBS’s ‘Destiny’ targets ambitious goals
aimed at providing customers with a wider
range of personalised products and advisory
services whilst complying with recently
issued FSA rules. Utilising Finantix
Components, DBS will strengthen profitable
relationships with traditional clientele and
win prospective customers across multiple
channels.
Finantix Components meet DBS’s requirements
and expectations from both business and
technological perspectives. The single
client view, obtained by aggregating client
information from various data sources, and
the client-centric analytical and
operational CRM functionality were winning
factors in the vendor selection. In
addition, the component-based approach of
Finantix Components and the strong
orientation to automate and accelerate
processes across all business channels
combined perfectly with DBS’s business
targets.
DBS is implementing a vast set of Finantix
Components, ranging from complete mortgage
and loan modules (which offer end-to-end
coverage of process origination, management,
execution and monitoring) to analytical and
operational CRM functionality. Synchronised
with the campaign management application,
these modules boost sales performance whilst
offering advisory services to a wider client
portfolio. At the same time Finantix Process
Manager, a powerful tool for modelling
workflows according to business scope and
user profile, allows DBS effectiveness in
mastering overall operations. DBS
specialists will access a holistic client
view and take great advantage from
role-specific functionality available from a
web-based, integrated workstation, which
will let them better understand and serve
account holders and prospective applicants
improving cross-selling opportunities.
‘We are proud to welcome DBS amongst our
premier clients,’ states Mr. Roger Booker,
Business Development Manager, Finantix UK.
‘Finantix is helping DBS execute its
strategy in transforming the bank from a
transaction-oriented business model to a
client-centric organisation by providing a
well-structured, multi-channel,
easy-to-extend, modular solution. Finantix
Components will enable DBS to innovate and
lead next-generation retail banking
services’
About DBS
Established in 1869, Dunfermline Building
Society is Scotland's largest building
society and plays an important part in the
savings and mortgage market in Scotland. The
Society, in addition to a range of mortgage
and investment services, offers its
customers telephone banking insurance,
commercial loans, personal loans, credit
cards, traveller's cheques, travel insurance
and foreign currency. With assets at the end
of 2003 forecast to top £1.8bn, an
electronic distribution service augmenting a
network of 33 branches and 41 agencies, an
expanded Commercial and Social Housing
department, the Society is well equipped to
meet the challenges of the financial
marketplace.
About FINANTIX
FINANTIX offers component-based software
solutions that help financial institutions
better service clients and increase sales.
With more than 42 active clients all over
the world and offices in Helsinki, London,
Milan, Munich, Singapore and Venice,
FINANTIX offers an unparalleled array of
modular, process-oriented, client-centric,
sales-driven financial components for retail
and corporate financial services including:
retail advice and financial planning; branch
innovation; lending and mortgage
origination; financial relationship
management; wealth management and private
banking; bancassurance; mutual funds and
unit trusts supermarkets; brokerage and
internet banking; SME and corporate banking
advisory services. All functionality is
available over multiple channels adopting
cutting-edge J2EE standards and a Model
Driven Architecture.
FINANTIX Components are designed with a
coherent and consistent approach that
leverages a modern, enterprise-wide data
model. They adopt a flexible process and
workflow management architecture with a
specific attention to reusability, process
assembly and customisation capability across
multiple business channels. All business
services, based on a native object-oriented
Model Driven Architecture, are available as
SOAP services and can integrate smoothly
with multiple Enterprise Information Sources
such as core banking systems, asset
management and insurance applications, data
warehouses and other specific applications.
The system allows a full reuse of business
logic across multiple business channels such
as branches, investment services, call
centres, external agents, intermediaries,
and the Internet with total support of
technical channels and devices such as
browser, PDA and wireless devices, ATM, IVR,
etc
For further information please contact:
FINANTIX Ltd - London
Roger Brooker
Business Development Manager
Tel. +44 (0)20 7423 3739
Email: roger.brooker@finantix.com |
