Accenture financial supply chain platform - Pegasystems · PDF fileKey benefits for the bank...

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Accenture financial supply chain platform A next generation banking solution - integrating cash and treasury management services for corporate customers and small businesses Copyright © 2011 Accenture All Rights Reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.

Transcript of Accenture financial supply chain platform - Pegasystems · PDF fileKey benefits for the bank...

Accenture financial supply chain platformA next generation banking solution - integrating cash and treasury management services for corporate customers and small businesses

Copyright © 2011 Accenture All Rights Reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.

Introduction

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Eckehard Stolz

Partner, Financial Services

Charles Paumelle

Pegasystems Practice Lead

Copyright © 2011 Accenture All Rights Reserved.

Oliver Karalus

Senior Executive Manager

Banking, Pegasystems

Both Corporations and Banks have burdens with the

current way corporate banking relationships are handled

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Bank

High operation cost for corporate

specific software systems

• High manual effort because of

missing automation & integration

• Competitive pricing on the transaction

market

• Buy or Build a solution.

Decreasing service revenues

• Service evolution not meeting

corporate customer demands

• Long time to market for new products

slowing down innovation

Corporate

High Banking Relationship Cost

• Proprietary exchange formats

• High number of interfaces to maintain

• Costly administration of large number

of bank accounts

• High payment transaction cost for FX

payments

Non optimized revenue on working

capital & liquidity management

• High level of sleeping working capital

• No single view on payment flows

Poor integration of financial processes

• Manual processes dominate corporate

treasury functions

• Complex reconciliation process

Sources: TowerGroup, Deutsche Bank, Accenture Market Intelligence

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The Accenture Financial Supply Chain Platform One

solution for Banks and Corporations.

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The Financial Supply Chain Platform is an Accenture assets – jointly created through

FSI & F&PM experts:

Corporates Banks

Se

cu

re N

etw

ork

E.g

. S

WIF

T

Payment Factory Operations

Financial Supply Chain Integration

Treasury & Portfolio Management

Centralized and cost-efficient

payment operations

Tight integration and automation

along the Financial Supply Chain

Improved liquidity forecasting and

return on working capital

Sample services offered within the Financial Supply Chain Platform can include:

NettingE-Invoicing & E-

BillingReceivable FinancingLiquidity

Management CockpitMulti-Bank Error

Cost Reduction

Utilizing Pega’s Strength

Pega: Leader in BPM, Business Rules and Dynamic Case Management Solution•Strong workflow management capabilities – flexible processes •Rule based automation allows scalability• “Build for Change” - provide strong basis functionality and ability to adapt

Key functionalities of Pega used•Workflow management / work baskets•User editable decision tables•Multi Channel capability•Enterprise wide solution approach with standardization AND customization•Full visibility of transactions and flexible reporting•Automated payment processing•KPI reporting•Email one-time access for external users

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External bank(s)External bank(s)

Accenture financial supply chain platform provides the

business customers of a bank direct access to the bank

and act as gateway to other banks as a “one-stop-solution”

A bank sponsored financial supply chain platform enables value adding

services through deep integration with the sponsoring bank as well as content

syndication over external banks

Transaction Bank

Accenture financialsupply chain

platformPayment System

Core Banking

System

Corporate 1

External bank(s)

Payment systemCore Banking

System

ERP

TMS

HR-System

Corporate 2

Corporate 3

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Financial Supply Chain Platform in Detail

Banks need to industrialize the Payments Processing in a Payments Factory Capability

to build value-added Services on top

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Financial Supply Chain Platform´s Framework

Accenture Knowledge Assets

•Catalog of 26 Value Added Services to be offered by banks• 28 Use Cases in 6 areas•Showcase for 8 Use Cases

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26 Value Added

Services

6 Areas and 28 Use

Cases8 Use cases implemented

Flexible built in reporting gives tailored information to the

corporate treasurer

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Personalized portal will show only relevant information to

members of the treasury staff / or employees of

subsidiaries.

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Different views and options to drill in, support decision

making on corporate finances.

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The corporate can self configure the portal along the

Corporations needs

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Key benefits for the bank and their business* customers

* Business segment

is to be understood

in the broadest

sense. The

Accenture financial

supply chain platform

can be customized to

individual customer

segments due to the

underlying leading

technology from

Pega.

Banks will improve their digital

services to the business segment

Banks will retain existing and

acquire new business customers in

all segments

Banks will be able to build on the

platform and integrate other banking

products into the digital service

Banks will reduce their FTE costs

due to increased self service

management by customers

Banks will obtain lower TCO due to

highly flexible digital business

customer platform through usage of

BPM and rule engine tools

Banks will gain faster time to market

due to easier customization

Innovative banks will have an option

to launch a Financial Supply Chain

Service to their business customers

Businesses will get a one-stop-shop

for all their interactions with their

banks

Businesses will be able to optimize

their financial supply chain

processes and reduce the related

costs

Businesses will be able to reduce

complexity in operating with

multiple digital banking portals

Businesses will be able to maintain

an easy to understand real-time and

forecasted overview of their liquidity

position

Businesses will be able to quicker

adopt authorization changes in their

digital banking setup

Businesses will have an option to

outsource non-core administrative

work to trusted banks operating a

Financial Supply Chain Service

Benefits for Banks Benefits for Businesses

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Contact Details

Contact your Accenture Client Account Lead to find out how we can support you on your

innovation journey

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Eckehard Stolz

E-mail: [email protected]

Bernd Moosbrugger

E-mail: [email protected]

Citlali Martin

E-mail: [email protected]

Accenture Software

Copyright © 2011 Accenture All Rights Reserved.

Charles Paumelle

E-mail: [email protected]

Pegasystems Practice Lead

Oliver Karalus

E-mail: [email protected]

Pegasystems GmbH