Corporate Banking
Banking for a successful business.
Impressive innovative power.
Corporate Banking is an established core focus of German banks and has once again grown significantly in importance after the crisis on the financial markets. However, competition on the German corporate banking market has greatly intensified in recent years. In addition to the expansion of business activities of foreign banks, new providers are also making their way into the market in the form of so-called near banks and non-banks. As a result of this development and the currently low interest rates, the existing business models of banks are faced with significant challenges.
When it comes to their corporate banking business, banks have to have innovative strategies and create competitive advantages for themselves through the continuous optimisation of processes and cutting-edge digitisation while, at the same time, fulfilling the regulatory requirements. Digital technologies enable new growth by adding new services and business models. Intelligent automation allows for the development of more efficient cost structures. Only then can new business potential be tapped in this challenging market environment.
We support you in the development of new business approaches – from their analysis and design through to the implementation in the form of innovative system solutions. Together, we develop new business models for successful and sustainable corporate banking.
Corporate Banking service profile
- Design and implementation of innovative business models
- Optimisation and automation of existing credit processes and services
- Modernisation of the payments and clearing platforms
- Selection and integration of standard software (incl. LoanIQ)
- Integration of acquired business units into existing Corporate Banking activities
Proven expertise.
LoanIQ - standard software in Wholesale Banking
In the past few years, Fusion LoanIQ has become the world’s leading software for processing syndicated and bilateral loans in wholesale banking. During this time, we have successfully supported a number of clients from the finance industry in the integration and development of LoanIQ.
Based on the portfolio analyses carried out, we advised our clients on the selection of the necessary modules and functions, also including the mapping of business data to the LoanIQ structure. Design and implementation of the test procedure are still an important component of our service portfolio. Designing a client-specific migration approach, as well as active vendor management, is an indispensable component of a successful integration project.
For a major German bank, we introduced the Alternative Reference Rate (ARR) functionality with LoanIQ version 7.5.1 for the implementation of the new reference interest rates (IBOR). We were responsible for the planning and coordination of all stakeholders (Treasury, Finance, Loan Admin) in order to implement a comprehensive integrative solution within the given deadlines.
Introducing solutions for Small and Medium Enterprises (SMEs) in Corporate Banking
For banks, the fight for clients in the SME segment is growing in intensity – not least due to new providers entering the market in this segment.
The small and medium-sized enterprises (SMEs) are interested primarily in the simple, digital processing of their business operations. Banks need innovative solutions to be successful in this market segment.
firstwaters supported a large German bank in the launch of its SME segment. The bank acquired a fintech company for its market entry. The far-reaching architectural decisions to be made and the associated technical integration were carried out with the consulting support of firstwaters. We successfully advised on the technical coordination as well as the setup of the new data model in the bank's internal DWH.
Let's talk.
For further insights, get in touch with our Corporate Banking experts
Swati Buderbach
+49 6021 4 54 84 79
corporatebanking[at]firstwaters.de