TECHNOLOGY INNOVATION FOR CORPORATE BANKING

Sales Efficiency

The key to sales efficiency is in the management of metrics. Whether it is the acquisition of new clients, retention of existing clients, or increasing wallet share, every sales organization needs high-quality metrics.

Mphasis provides cutting-edge technology solutions to capture deal and pipeline information in real-time and a robust workflow that tracks and enhances the deal pursuit process. We also enable the Front office to manage their pursuits by integrating multiple sales processes in a single, customizable workflow solution that seamlessly integrates with enterprise resources like mails and calendar. We have delivered robust pipeline and campaign management solutions for leading global banks.

Liquidity Management

Most organizations face challenges arising from a multiplicity of legacy systems, leading to problems in integration and aggregation of data, data quality, and the need for reconciliation. It is also necessary to manage the data in a manner that is compatible with risk and capital models. This increases the need for an end-to-end system that provides timely, accurate, and complete solutions to these challenges.

At Mphasis, we help our banking clients provide corporate customers with the ability to manage and assess liquidity positions on a near real-time basis. Our solutions allow global corporates manage their multi-currency cash flows from a single interface and provide for interest- efficient deployment of cash resources. We engineered the first of its kind liquidity management analytics solution for the corporate treasurer.

Artificial Intelligence (AI) In Trade Finance

In a highly interconnected, globalized world, international trade is vital. Yet, with extremely complex documentation, multiple restrictions and sanctions, the possibilities for fraud and crime, there is a need to manage all the risks with limited resources.The key to efficiency lies in increased digitization of the many paper-based processes that are currently in force. Artificial intelligence can speed up the process in a variety of areas.

Mphasis provides end-to-end AI-led process transformation in trade finance. Our solutions can fully automate the document verification process and validation of letters of credit in line with the Uniform Customs and Practice for Documentary Credits (UCP) 600 guidelines, authorize payment and perform (anti-money laundering) AML checks on such payments authorized, thereby minimizing human intervention and the possibility of costly errors. We devised AI-driven robotics solutions for trade transactions – covering discounting and payment functions.

On-Boarding Workflow Solution

The very first stage of the client relationship - onboarding, assumes critical importance and becomes the center of attention for increased efficiency and productivity. It is also vital to meet all the onboarding requirements and yet minimize the number of requests for information made to a customer
Mphasis provides a comprehensive workflow solution that assures a streamlined onboarding process, is able to access data from multiple silos, meets all regulatory requirements and facilitates transparent and efficient on-boarding of corporate customers. We devised AI-driven robotics solutions for trade transactions—covering discounting and payment functions.

AI-Driven Credit Origination

Artificial intelligence systems can be programmed to learn decision-making processes and also apply human-like judgment to future decisions. At Mphasis, we have developed an AI-driven credit origination system that completely automates the credit appraisal process. The application uses industry standard OCR tools to convert financial statements into machine-readable format and extracts key information from such statements. The tool uses natural language processing capabilities and an extensive accounting business logic to extract the correct information and thereafter generates key ratios required for credit analysis, only leaving the job of credit recommendation and decision to relationship and credit teams. The tool allows for full integration with core lending systems, CRM and Enterprise resources, such as document management systems, mails, and calendars. We enable automated credit origination using artificial intelligence and machine learning concepts in financial spreading.

Corporate Payments

There are significant benefits and synergies of centralizing and standardizing the payment workflow. In addition to prevent fraud, banks can reduce costs, enhance efficiency, and also gain the ability to observe and analyze trends in transactional flows leading to better formulation of business strategy.

Mphasis payments solutions work with leading banks across the globe to bring about the latest technologies to develop and manage award-winning corporate payment solutions. We have been at the forefront of mobile and contactless payment technologies, providing our clients with secure and ubiquitous payment solutions to stay ahead of competition. We introduced an extensive user experience in Society for Worldwide Interbank Financial Telecommunication (SWIFT), Single Euro Payments Area (SEPA), Faster Payments, and Payment Services Directive II (PSD II) with leading global banks.

Core Systems Integration

Mphasis specializes in Systems Integration and global rollouts of core banking and commercial lending systems. Our program manages rollouts starting with a plan that defines the roadmap, does gap analysis and requirements engineering, defines high- and low-level architecture for the future state, designates user roles, conducts integration and testing, and manages the deployment and post-implementation performance monitoring.

The entire process covers all the steps from planning, design of dashboards and tracking mechanisms, management of issues and risks, implementing suitable change-control mechanisms, and maintaining thorough documentation. We successfully integrated and devised a global rollout of core systems like Misys Loan IQ, Fidelity Advanced Commercial Banking System (ACBS), Temenos T24, and Oracle Flexcube.

Credit Risk Management

Starting with the governance process, formulation of business strategy, determination of risk appetite and ensuring adequacy of capital, a holistic credit risk management process involves policy formulation; risk origination; risk approval, measurement and monitoring; portfolio management; ongoing risk management and remediation; and reporting.

At Mphasis, we enable our clients develop complex credit and counterparty risk management applications, which helps them accurately manage exposures across entities and group levels in real-time, considering collateral placed against these exposures in the form of a variety of liquid and OTC/structured assets. We have established a holistic credit risk management system allowing group-level management of risk and collateral with refined analytics. 

Treasury

We develop solutions for treasury management and interest efficiency products, integrating this with industry-standard treasury back office (TBO) systems.