Home >Documents >BI360 for Banks - Amazon S3 · PDF fileBI360 gives banks full business intelligence...

BI360 for Banks - Amazon S3 · PDF fileBI360 gives banks full business intelligence...

Date post:02-Sep-2018
Category:
View:212 times
Download:0 times
Share this document with a friend
Transcript:
  • BI360 for Banks

    Enabling World-class Decisions for Banks A Solver Vertical Industry White Paper

    Updated: Nov 2017, Document Version 4

    Solver, Inc.

    www.solverglobal.com

    Copyright 2017

    http://www.solverglobal.com/

  • Copyright Solver, Inc., 2017 BI360 White Paper | Page 2

    Table of Contents

    Introduction ..................................................................................................................................... 4

    Technology Overview ...................................................................................................................... 5

    Bank Performance Reports ............................................................................................................. 6

    BNK001 - Banking Benchmarking Dashboard ............................................................................... 6

    BNK002 - Executive Dashboard .................................................................................................... 7

    BNK003 - CFO Dashboard ............................................................................................................. 8

    BNK004 Loan Performance Dashboard ..................................................................................... 9

    BNK009 Bank Product Report .................................................................................................. 10

    BNK010 - Banking Income Statement ........................................................................................ 11

    BNK011 Banking Balance Sheet ............................................................................................... 12

    BNK012 B120 Regulatory Income Statement .......................................................................... 13

    BNK013 Expense Report .......................................................................................................... 14

    BNK014 Average Daily Balance Report .................................................................................... 15

    BNK015 Period-to-date Average Daily Balance Report ........................................................... 16

    BNK016 Year-to-Date Average Daily Balance .......................................................................... 17

    Month-End Close/Reconciliations ................................................................................................. 18

    BNK042 Securities/General Ledger Reconciliation .................................................................. 18

    BNK043 Loans/General Ledger Reconciliation ........................................................................ 19

    BNK044 Deposits/General Ledger Reconciliation ................................................................... 20

    Investment Performance Reports ................................................................................................. 21

    BNK051 Securities Summary Portfolio .................................................................................... 21

    BNK052 Trended Securities Portfolio ...................................................................................... 22

    BNK053 Securities Listing by Category .................................................................................... 23

    Branch Performance Reports ........................................................................................................ 24

    BNK101 - Branch Balanced Scorecard ........................................................................................ 24

    BNK103 Branch Yield/Rate Analysis ........................................................................................ 25

  • Copyright Solver, Inc., 2017 BI360 White Paper | Page 3

    BNK104 Branch Loan Production ............................................................................................. 26

    BNK105 Branch Term Deposit Production............................................................................... 27

    BNK106 Branch Income Statement ......................................................................................... 28

    BNK107 Branch Balance Sheet ................................................................................................ 29

    Product Performance Reports ....................................................................................................... 30

    BNK201 Loan Profitability ........................................................................................................ 30

    BNK202 Term Deposit Profitability .......................................................................................... 31

    BNK205 Individual Account Profitability .................................................................................. 32

    BNK206 Funds Transfer Pricing Input Table ............................................................................ 33

    BNK207 Activity Based Costing Input Table............................................................................. 34

    Customer Performance Reports .................................................................................................... 35

    BNK301 Customer Profitability ................................................................................................ 35

    BNK302 New Customer Acquisition ........................................................................................ 36

    BNK304 Top Ten Customers by Profit ..................................................................................... 37

    Regulatory Reports ........................................................................................................................ 38

    BNK501 Call Report (FFIEC 041 Schedule RI-1 and RI-2) ...................................................... 38

    Appendix Acronyms .................................................................................................................... 39

  • Copyright Solver, Inc., 2017 BI360 White Paper | Page 4

    Introduction

    BI360 gives banks full business intelligence capabilities, including budgeting and forecasting for branches, products and investments. Modern financial and operational reporting helps control costs, measure profitability and consolidate operations. Current and accurate information is critical in todays financial services industry. BI360 can provide the detailed information bank executives need to proactively run their business and improve branch performance and product margins.

    BI360 can be deployed to finance and accounting teams, as well as to operating departments to enable world-class decisions with:

    Dashboards with bank metrics and benchmarking Organization-wide budgeting and forecasting, including for revenues, operating

    expenses, capital purchases, and cash flow Microsoft Excel- and web-based reporting and consolidations Data warehousing that can combine financials, payroll data, loan data and more Cloud or on-premise deployment, based on preference.

    With BI360, bank managers will be able to:

    Improve decision-making and control through self-service business intelligence Automate budgeting, forecasting, financial reporting and consolidations, as well as

    regulatory reports Reduce costs and improve administrative business processes Identify trends, track progress and continuously evaluate performance Optimize staffing levels Track customer satisfaction and assess product needs Increase accountability Engage department heads and branch managers in setting goals Develop focused strategies

    Solver and our global partner channel will assist with BI360 implementations and long-term

    support to aid banks in monitoring performance and in meeting targeted goals and objectives.

    https://www.solverglobal.com/products/industries/distribution-reporting-and-budgeting-and-dashboards

  • Copyright Solver, Inc., 2017 BI360 White Paper | Page 5

    Technology Overview

    BI360 is a modern, modular Corporate Performance Management (CPM) Suite that can be

    managed by business users:

    BI360 end user modules for Reporting, Budgeting and Dashboards BI360 Data Warehouse for easy, structured storage of any kind of financial and

    operational data Microsoft platform including SQL Server/Azure SQL, Excel and Web interfaces Mobile apps for Apple and Android-based devices Integration tool to extract data from Core Providers such as Jack Henry, Fiserv, FIS, and

    Corelation amongst other systems, Data Warehouses, and Excel spreadsheets

    Cloud and on-premises deployment options.

    Note: For more detailed information about BI360, please email [email protected] and request the

    document: BI360 White Paper Overview of the BI360 Suite. You can also learn more about BI360 for Banks

    here.

    mailto:[email protected]://www.solverglobal.com/products/industries/banks-reporting-and-budgeting-and-dashboards

  • Copyright Solver, Inc., 2017 BI360 White Paper | Page 6

    Bank Performance Reports

    These types of reports are generally reviewed by the C-Suite. The goal of these reports is to

    give a bank-wide view of the organization.

    BNK001 - Banking Benchmarking Dashboard

    The Banking Benchmarking Dashboard example is designed to compare the performance of

    the your company against other banking industry players. In this example, Gross margin %,

    Revenue Growth % and Profit Margin % are compared by year.

  • Copyright Solver, Inc., 2017 BI360 White Paper | Page 7

    BNK002 - Executive

Click here to load reader

Reader Image
Embed Size (px)
Recommended