We wanted a partner with rich experience in implementation and delivery. We onboarded Profinch and continue to engage on multiple projects, including using their data platform, FinCluez.
FinCluez is a single data platform that addresses varied and complex data requirements across business areas and empowers you to handle critical data effectively. Built on a future-proof technology, FinCluez enables you to keep pace with changing customer needs and a continuously evolving regulatory climate.
A complete Banking Analytics and Reporting suite, FinCluez has coverage across Retail, Corporate and Islamic Banking and helps with
- FinCluez’s lightweight metadata driven engine takes care of extracting data from a wide range of source systems in the bank. It includes a powerful scheduler component that enables automated extraction of data
- FinCluez Data Integration Layer is pre-integrated with FLEXCUBE Universal Banking Solution with pre-defined metadata configurators
- Provides insights to increase revenue
- Helps plug revenue leakages
- Improves performance of Relationship Managers
- Better cross-selling opportunities
- Improves portfolio across departments
- Improves efficiency by streamlining efforts
- Reduces team dependency
- Identifies discrepancies and provides drill down till the actual transaction
- Automated pulling & submissions of data
- Open source reduces TCO
- Reduces data management costs through archival
- Freedom to choose DB
- Configurable and automated reporting
- Reduces time and cost for change
- Central Repository – single source of truth
- Automated hand-offs – AML, IFRS etc.
- Automation ensures governance
- Archival ensures no data overflow
- Data lineage and traceability