Trenton, NJ (PRWEB) September 9, 2009
Addressing the 4 C's of typical CBS (Core Banking Solutions) challenges, Ramco's new Banking & Financial, Health Monitoring & Analytics Solution provides the critical proactive management and monitoring for institutions to decrease Cost and Complexity, address Compliance & Regulation levied by State and Federal authorities and improve Competitiveness. Ramco's Software measures, monitors and manages the infrastructure and makes the environment as dynamic as the business. Banks and Financial institutions can now proactively leverage comprehensive, integrated performance management capabilities to aggressively address the 4 C's.
The solution packaging comprises of a prebuilt Data Warehouse called the Universal Database (UDB) with all the requisite artifacts such as KPI's and Dashboards, reports and user-interactive data analysis functions, graphs & charts that are required to support decision-making over specific subjects on the institutions operations - loans / deposits / customers / financial profitability / analysis of assets & liabilities. The solution leverages the state-of-the-art capabilities for performance management and BI to interweave many functions related to the decision-making activity, such as work-flow driven collaboration over issues, planning, budgeting and compliance to risk control processes.
Looking at the Loan analytics, the solution will help executives make crucial decisions such as interest rate adjustments, region-wise loan deployments, overall business strategy, asset provisioning at summary as well as detailed level and compliance monitoring for Basel II. The uniqueness of this solution is that it serves the users at all three levels; operational, tactical with charts & graphs and strategic through Tree maps with drill-down to data in a standard interface. Moreover, the user can drag and drop the dimensions and measures from a basket and change the analysis dynamically per their preferences.
"The solution provides a collaborative platform for integrating and analyzing all core banking & financial institution data. The views help senior executives make better decisions. Institutions need this solution to leverage investments in their core banking solutions. Chairmen, Presidents, VP's and officers want to protect the full operations and interests of their clients and shareholders from another local or global financial meltdown. Being proactive and having full management, monitoring and decision making at the fingertips is vital to sustainability", said Jim Fitzgerald, President, Ramco Systems.
The solution is available immediately for all institutions and is sized for large, medium, small and international operations. Ramco's Banking & Financial, Health Monitoring & Analytics Solution is available on the power packed HP Neoview Data Warehousing Platform, SQL Server or the Oracle platform.