Client Background
The SpareBank 1 Alliance
- Total assets: approx. NOK 376 Bln.
- No. of branches: c. 350
- No. of employees: 5,5 K
- No. of Internet banking customers: c. 450 K
Other banks
Business Challenge
New requirements from the official authorities and increasing competition on the Nordic banking market create new challenges for the banks in terms of better solutions to ensure efficient processes for credit approval.
Solution
A web-based solution has been developed to support credit analysis and decision making with particular focus on efficient work processes, automated data capture, objective decision making criteria and support for automated pricing and credit approval.
Results
Key achievements:
- In addition to Sparebank 1 Alliace several medium size Norwegian banks are using the latest version of the application
- The Worklist module - a single point to access all bank employee activities - developed and delivered as a part of the solution
- Flexible integration with backend and 3rd party systems
- Modern architecture
- Flexible configuration
- Vendor Independence
Business value:
- Improved decision making process
- Improved product scalability and maintainability
- Contribution to BASEL II compliance
Project Facts
Technologies:
- Java 5
- Java Server Faces (JSF 2.0)
- Java Persistence
- Oracle 10G
- IBM Websphere Application Server
Customer’s feedback
Customer’s reference is provided upon the specific request.
