Banking

With today's economic downturn, financial institutions are forced to reduce business risk, to improve profitability, and to enhance customer satisfaction and loyalty. Unfortunately, financial institutions are faced with rigid infrastructures, disparate core systems aligned by lines of business, significant investments in aging applications and resource skills, and increasing costs associated with regulatory compliance and ineffective software delivery processes, all of which hamper business performance.

Transforming any of the aforementioned components can be a risky proposition for any FSI. If not approached in the proper fashion, it can disrupt operations resulting in client dissatisfaction and ultimately, a devastating impact on the bottom line. It is recommended that FSIs address their IT infrastructure, invest in modernizing existing technologies, and optimize IT processes in a stepwise and methodical manner to minimize cost, risk, and potential project or operational failure.

To help keep financial services organizations competitive and nimble in today's rapidly changing market, Cobalt Computers solutions utilizing IBM Rational provides the essential frameworks to accelerate the delivery of financial applications and services, to innovate new products, and to optimize distribution channels, while ensuring that they operate within an increasing regulatory environment.

Financial document imaging solutions

Reduce the time and costs involved with labor-intensive processes, and you can improve operational efficiencies. Document imaging solutions help you automate manual processes, improve customer service and save on physical storage.

We have developed business partner relationships with established, best-of-breed solution providers. Their solutions, coupled with IBM products and services, deliver the cost-competitive, scalable and secure infrastructure you need.

Outdated system replacement and enhancement

Many banks have outdated systems that no longer meet organizational needs. But the high costs and risks associated with necessary changes often prevent them from considering system modifications. The IBM core system module replacement solution optimizes business processes, leading to increased efficiency and resilience. All without the risks involved in traditional system replacement.

Transform your payments operations and offerings

The global payments business is changing quickly, driven by market shifts, margin pressure, concentration, disintermediation, risk and fraud. Position your banking business for emerging opportunities with enhanced efficiency, comprehensive risk management and simplified compliance. Our proven, open and flexible offerings can help you successfully navigate the payments market, while freeing up capital and reducing expense.