Industry and Specialist Practices
Net Magnus - Banking Practice
Introduction
The world of banking has been undergoing an unprecedented process of change. Globalisation, regulatory compliance, exceptional demands on security, mergers and acquisitions have all compounded the challenge of being able to rapidly adapt to change whilst retaining and attracting new customers in all sectors of banking.
In these dynamic trading conditions it is critical to be able to rapidly adapt. But the act of moving quickly can not be allowed to exacerbate the risk of deploying systems that are not 100%. The consequences can be catastrophic for the banking industry.
Helping You Thrive in Times of Change
In response to this backdrop, Net Magnus has built over time an impressive Banking Practice that has deep domain knowledge of the banking market, operations, infrastructure and how technology and systems are best applied.
Net Magnus’s well proven experience and exceptional expertise across the various segments of the banking industry means that we get straight onto the job with the right dedicated resources, in the areas where it counts the most and at the right time. We work with our banking clients to de-risk their application deployments and improve their time-to-value providing dedicated resources throughout the whole development and deployment phases.
Net Magnus’s banking subject matter expertise has been accumulated through the Net Magnus Research and Development Program but also through years of running a wide variety of testing projects. These projects have encompassed retail, investment and merchant banks eliminating defects, minimising rework and improving quality across pricing, billing, calculation and trading in banking systems. The following lists some of the projects we have successfully delivered:
- Retail banking - deposits, branch banking, CRM systems etc
- Wholesale banking –commercial lending, hire purchase and leasing, reporting systems
- Internet banking
- Payment services
- Payroll services
- Collection management systems
- Data services – back office automation and straight through processing
- Channels (MF feeds)
- Money markets
- Documentation portals
- Business exchange portals
- Anti-money laundering
- Credit card systems – authorisation, clearing, security systems
- Core banking
- Liquidity management
- Investment management
- Teller services