With increasing competition in the marketplace, unpredictable market conditions, and the ever-accelerating pace of business, banks today need to be able to adapt and change course faster than ever before.
To succeed, banks must balance profitability, risk, compliance, and customer service, while adapting to market changes. By implementing Business Performance Management software, banks can ensure compliance, optimise profitability, manage risks, and make agile, data-driven decisions in an increasingly complex financial landscape.
MCi has built a best practice framework, called BankAlytic, for Key Performance Management in Banking, on the IBM Planning Analytics TM1 Platform and has a successful track record of implementing it for several banks and financial institutions around the African continent, including South Africa’s largest commercial banks.
The BankAlytic Framework provides:
