Cambista Technologies releases rapid deployment banking products
05 April 2004 | 955 views | 0
Cambista Technologies Ltd, the world’s leading provider of online cash management and payment solutions, today announced a range of Rapid Deployment Packages that will help European business and corporate banking organisations roll out new online services in as little as six weeks.
The four packages are fixed price and fixed delivery-time solutions which will enable business and corporate banking organisations to deliver cost-effective services without placing unnecessary or high cost transactions at branch level. In turn, this means banking organisations can offer a greater breadth of service at lower cost to the customer, giving them an edge over their competitors.
"The business and corporate banking market has never been more competitive with customer retention an absolute priority. Yet rolling out new services is often a daunting task because of the expense and time involved," said Richard Timperlake, CEO of Cambista Technologies Limited. "Our component based technology allows customers to choose functionality which will complement their own infrastructure. What's more, it takes away the headaches for banks enabling them to deploy innovative customer solutions in just a few weeks."
The four packages are:
iBank Business Base edition – a six week delivery of an internet payment and balance and transaction reporting solution allowing banks to offer customers new, web-based services;
iBank Business Advanced edition – a package enabling banks to roll-out complete business banking services for both the SME and home office markets in just eight weeks;
iBank Corporate Base edition – a 10 week implementation of a complete business banking service, including balance overviews, account statements, transaction history and search;
iBank Corporate Advanced edition – Cambista’s most advanced Rapid Deployment Package that makes possible a roll-out of a comprehensive, multi-language online banking service in just 12 weeks. Features include cross-border payments, unlimited customer types and comprehensive reporting capability.
Cambista has developed a complete methodology which enables it to implement its solutions in such a short period of time:
Validation: A workshop before the start of the project ensures the requirements of the client are fully understood. It confirms that the chosen package will deliver the requirements of the client, including branding, localisation and integration;
Design: A detailed analysis of integration with the client’s infrastructure, business processes and branding is performed, resulting in a design document for the configuration phase;
Configuration: The Rapid Deployment Package is configured to deliver the requirements for branding, business processes and localisation and to fit into the client’s infrastructure;
Deployment: The configured package is deployed and integrated into a test environment to begin acceptance testing;
Testing: In parallel to these steps, testing is carried out to ensure it fits with the customer's requirements and integration with its systems. Automated testing ensures this process is carried out with maximum efficiency.
In addition to the Rapid Deployment Packages, Cambista offers a range of 'out of the box' real-time payment and cash management services, such as sweeping and pooling and EBPP/EIPP. Its innovative liquidity management solutions help turn idle funds into working cash, increasing profits and helping banking organisations win and keep clients. It also provides sophisticated and customisable reporting facilities on bank- and client-side, offering banks’ clients real-time business monitoring capability, enhancing both liquidity management and compliance.