Banks must work harder than ever to get and keep customers by offering differentiated products and services. At the same time, banks need to manage risk and comply with the requirements of new directives and regulatory demands. As a result, banks must increase the speed at which they can respond to an increasingly informed and demanding customer base, new regulations and emerging marketplace changes.
The Industry Models for Banking: Information FrameWork (IFW) is a comprehensive suite of data, process and service-based models that help banks accelerate the planning and requirements analysis of business process transformation, core system renewal and consolidated reporting solutions. It ensures that IT projects are linked with business requirements and provides a blueprint of a framework for handling risk management and regulatory compliance. These capabilities can also provide complete understanding of customer buying behavior, loyalty and the effectiveness of marketing activities.
- Proven—Manya of the top banks worldwide are using the IBM Industry Models in various facets of their business-driven IT strategies, such as risk and compliance reporting.
- Business-ready—The models are proven to foster collaboration and approval between business and IT, as necessary, to turn business requirements into actionable solutions.
- Regulation aware—Subject matter experts have distilled compliance regulations into statutory reporting requirements without the need for external development.
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Customer Testimonial Video: NLB
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The IBM Information Framework for the banking industry:
Blueprint for SOA and Data Warehousing solution success
