Over 1,000 retail, corporate and investment banking institutions trust IBM Cognos software 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 integrated performance management software and services deliver value to the world's largest financial institutions enabling them to:
- Use their existing data investment to identify, report on and analyze costs of trade, staff performance, risk management, branch profitability, loan performance, customer profitability and more.
- 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.
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 Performance Blueprints that 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. Performance Blueprints include:
- The IBM Cognos Relationship Pricing for Commercial Banking Performance Blueprint
- The IBM Cognos Risk-Adjusted Profitability Performance Blueprint
- IBM Cognos Customer Segment for Retail Banks Performance Blueprint
- IBM Cognos Customer Segment for Corporate Banks Performance Blueprint
- IBM Cognos Retail Branch Performance Blueprint
The requisite experience
Many of the leading players in banking already choose IBM Cognos software, including:
- Nine of the top 10 banks in Europe.
- Nine of the top 10 banks in the US.
- All of the top 10 commercial banks in the world.
