Banking
Launching New Fixed Income Products through the OpenLink Findur Software Platform
“What used to take three hours is now processed in the system in 40 or 50 minutes. We have plenty of processing power to grow as we want”
– CIO/COO at Banco Original
Business Objective
Banco Original, a leading retail, corporate, and investment bank for the Brazilian agribusiness sector, sought to offer funding products to its entire customer base
Transformation
- Exadel implemented Findur to help Banco Original launch new fixed income products supporting trading channels, internet and mobile banking, commercial services, wholesale trading desks, and client trading desks
- Developed a comprehensive view business processes, and business process management (BPM) rules, including approval flows, processing, registration at clearing, and settlement
Results
Comprehensive Findur fixed income implementation and integration
Automated business rules and approvals for letters of credit, automatic securities pricing, client campaign management, portfolio processing, automatic registration at clearing, and integration with external tax systems