Digital players revolutionizing classic banking services
Theis the ideal management tool for banks and financial institutions, with a proven company 123% ROI, according to the latest .
You can discover the real potential of processes yourself, with the help of a solution that combines process modeling with automation and analysis. Benefit from real-time insights and compliance checks for your ongoing business. Put simply, Signavio helps future-proof your financial institution.
Responding to the many new challenges…
“71% of consumers would use entirely computer-generated support for banking… 63% say sharing data should deliver personalized services. Digital transformation is essential. ”
In recent years, the banking and finance sectors have undergone considerable changes in the way they operate, both globally and locally. Under pressure from new digital players and fintechs, banks and other institutions also face the challenges that come with being one of the most heavily-regulated industries in the world.
In order to respond to these challenges, and develop products and services that integrate perfectly into customers’ daily lives, financial institutions must start at the core of their business: the process. You need a flexible software solution that enables consistent process and decision implementation while better understanding your customer expectations.
With Signavio, you can ensure consistent business rules and can bring your innovations to the market faster than ever. No other software solution combines process and decision management with advanced process mining capabilities and customer journey mapping. Our extensive list of resources at the bottom of this page provide practical insights, and will help you thrive in an environment of strong, international disruption and competition.
Five use cases, one software solution
The Signavio Business Transformation Suite can help banks and financial institutions get the most out of their processes, reduce costs, optimize performance, and safeguard their competitive advantage. For banks and financial institutions, the Suite offers a range of significant benefits, grouped under several compelling use cases:
Signavio can help banks model their current processes, from new customer onboarding to loan processing, and discover a more efficient way of operating. Using the power of process management to improve the end-to-end transparency of business processes means you can harmonize operations and business decisions across different departments and business functions.
Risk & Compliance
Managing risk is fundamental to banks and financial institutions. Signavio can help build a stable and consistent process environment, meaning compliance violations can be detected and risks responded to rapidly. At the same time, you can react quickly to frequent regulatory shifts and changing business requirements by strengthening your existing risk & compliance frameworks. You can even automate your regulatory reporting obligations, making complex manual reporting a thing of the past.
Standardize processes across your entire organization, including different business units and geographic locations. Assess the usefulness of your bank’s legacy systems, and update them where appropriate, as well as discovering other opportunities to improve your IT infrastructure and services.
RPA at Scale
Use process automation to help cut down on repetitive work, reduce human error, and detect and eliminate incidences of non-compliant process behavior. Analyze your business processes to identify opportunities for automation, or optimize existing processes in preparation for RPA implementation.
Mapping the Customer Journey
Customer expectations are changing; banking needs to be seamlessly integrated into their everyday lives. Use customer journey mapping to put customer perspectives at the heart of your operations, identify customer contact points, and understand exactly how customers experience your business. Understanding is the key to enhanced customer satisfaction and loyalty!
Future-focused banks use Signavio for their business transformation
With extensive capacity for collaborative work, banks can make sure transformation sticks by engaging business users in the design and optimization of processes. The Signavio Business Transformation Suite also connects processes to the decisions that drive them, giving employees the tools to make the right choice at every critical turning point.
Get started transforming your banking operations today! If you’d like to learn more or schedule a product demo, get in touch at firstname.lastname@example.org. Or, if you’d like to test the Signavio Business Transformation Suite out for yourself, simply sign-up for atoday.
Find out more
The Signavio Business Transformation Suite delivers actionable Live Insights into the way your business works. Operational acceleration reduces the time taken to deliver value from your intelligent process mining initiatives, RPA at scale imperatives, end-to-end process orientation, and customer excellence strategies. Unleash the power of process… faster than ever!