Component-based Banking BPU
Kanbay, A Capgemini Group Company has been successfully providing services to the global financial services industry since 1967. Now, with our Business Process Utility (BPU) offering, we are able to offer this experience, thought leadership, and scalability to the community bank market. This offering combines more than 15 years of vertical process expertise, technology innovation and proven offshore delivery into a seamlessly integrated packaged solution.
Unlike current outsourcers, Kanbay has software with all the basics a bank runs today and adds the ability to customize it either through individual parameters, business rules, or custom code provided by and supported through Kanbay. Our end-to-end solutions address the specific needs of community banks and are delivered through a transaction-based pricing model that enhances flexibility and affordability. On-site implementation transition management ensures the highest levels of knowledge transfer, and has the potential to reduce the large sums of capital generally required to run these back office operations.
Our extended suite of solutions is offered in the following areas:
- Item Processing and POD
- Core Banking
- Credit Cards Issuing and Acquiring
- Platform Systems
- Transition Management
By bringing the best of IT services together with Intellectual Property and BPO, Kanbay offers you a true end-to-end experience, based on an innovative transaction pricing model. For more information please contact BPUinfo@kanbay.com
Item Processing and POD
Combines the benefits of a well-engineered process, remote image capture and multi-site “build and repair” capabilities to drive greater efficiencies in your back-office operations. Balancing, reconciliation, repair and on-demand research services are provided close to real-time on the same business day. This solution enhances the advantage of your technology spend with dramatic cost-reductions realized through
- Proof-of-deposit automation
- Redeployment of item processing and POD staff
- Efficiencies realized in re-engineered processes
- Reduction or elimination of hardware
Core Banking
Built on an AS400 platform, our core-banking solution has an open and secure architecture designed to interface with existing vendor solutions. Its DB2 database enhances the core data processing capability of a community bank. Cost-effective and customer-centric, it offers anytime, anywhere banking with centrally controlled delivery channels – internet banking, imaging, POD and ATMs. It generates customize bank wide Management Information Systems (MIS) reports and provides inter-branch reconciliation features for greater flexibility in account management.
Credit Card Issuing and Acquiring
Regardless of where you are in today’s credit card market, making larger gains in non-interest income and fee-based revenues all boils down to this: How can your community bank hold its own against big-time competition? Kanbay delivers the answers in a first-of-its-kind credit card issuance and acquisition solution that allows you to:
- Gain the ability to issue your cards without sharing the margin
- Keep your credit card portfolio safely in-house
- Eliminate the need for a larger bank partner
- Create fee-based revenue through card acquisition services and products
- Introduce a card program to your most values consumer and business customers
- Expand your range of commercial products to key merchant accounts
Platform Systems
Offering ease-of-use with any core systems or peripheral product, our banking platform system consists of five different components: teller, loans, accounts, image and MICR. Each can be installed as separate packages, integrated with your existing core system or combined with Kanbay’s core banking and core credit card issuing and acquiring solutions. Key components include:
- On-line transaction based systems
- Windows-based and PC compatible
- Easy interface with any type of hardware and software
- Seamless integration with the core vendor application
- Applications and systems security
Transition Management
Kanbay moves your solution ahead thanks to a seamless transition process characterized by speed, thoroughness and collaboration. Cost savings and process efficiencies are realized upfront. Our proven transition methodology is recognized as one of the best in the financial services arena—thanks to best-in-class tools, comprehensive frameworks, and an on-site team of financial and IT services professionals solely focused on ensuring your bank’s movement forward is free of surprises and full of benefits.
The overall framework for Kanbay’s transition methodology is based on these key principles:
- Ensure business controls and regulatory compliance systems are in place.
- Maintain the continuity of operations with painstaking quality.
- Focus on speed of execution and time to benefit.
- Leverage organizational resources to drive knowledge transfer efforts.
- Quickly identify cost savings and realize process improvements in an accelerated time frame (weeks vs. months).
- Minimize financial risks through an innovative BPU pricing model. (Transition management is built in to each of Kanbay’s component-based banking solutions.)
- Maintain or improve current service levels.
Note: On February 8, 2007 Kanbay was acquired by Capgemini, one of the world’s leaders in consulting, technology and outsourcing services. Capgemini provides its clients with insights and capabilities that boost their freedom to achieve superior results through a unique way of working, which it calls the "Collaborative Business Experience". Capgemini reported 2005 global revenues of EUR 7.7 billion and employs approximately 75,000 people in North America, Europe, and the Asia Pacific region. For more information, please visit www.capgemini.com.
