Banking
Overview
Over 1,000 retail, corporate, and investment banking institutions trust IBM Cognos solutions to increase customer, product, and channel profitability, manage and reduce risk, address compliance issues and improve the predictability of financial performance. For them we offer:
The Right Technology and Solutions
IBM Cognos software and services deliver value to the world's largest financial institutions enabling them to:
- Leverage their existing data investment to identify, report on, and analyze costs of trade, staff performance, risk management, branch profitability, loan performance, and customer profitability, among others.
- Aggregate risk (credit, operational, market, country) data from multiple silos, diverse business lines, all regions, and across the organization to deliver enterprise risk reporting.
- Augment or replace cumbersome spreadsheet-based systems with flexible, connected planning software that reduces forecasting, consolidation, close, and reporting cycles by days or weeks.
- Manage multiple reporting and consolidation standards such as IAS, Basel II, and U.S.-based GAAP; inter-company elimination and reconciliation; multicurrency translation; complex ownership calculations, and financial consolidation rules.
Products for Banking
IBM Cognos 8 Banking Risk Performance- Credit Risk is a packaged analytic application that provides standard reports and dashboards to accelerate access to credit risk insight.
IBM Cognos software provides a world-class enterprise planning and BI software platform that helps banks plan, understand and manage financial and operational performance. Learn more about Performance Management for Banking
Blueprints: The Fastest Methods
Financial organizations have no time to waste in implementing software to achieve maximum value and ROI. That’s why only IBM offers a suite of IBM Cognos Performance Blueprints to address planning and performance management process areas that directly impact an organization’s ability to create business value. Blueprints consist of targeted, pre-built data, process and policy models based on proven best-practices in bank operations planning, budgeting, and forecasting. They also combine the power of IBM Cognos 8 BI for reporting, analysis, scorecards, and more.
The Requisite Experience
Many of the leading players in banking already choose IBM Cognos software, including:
- Nine of the top 10 banks in Europe
- All the top 10 banks in the USA
- All of the top 10 commercial banks in the world
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