Finastra
131 Case Studies
A Finastra Case Study
Siemens Bank GmbH, the loans and guarantees arm of Siemens Financial Services, faced growing pains that exposed limitations in loan administration, reporting and customer data management and required faster time-to-market and lower implementation costs. To address this, the bank selected Finastra’s Fusion Loan IQ (implemented with partner Finbridge) as its new core platform.
Finastra delivered Fusion Loan IQ as a centralized, workflow‑based lending platform tightly integrated with a new general ledger, data warehouse and BI environment, enabling near real‑time analytics and automated front‑to‑back processes. The solution was deployed in nine months, covers around 80–90% of the bank’s product set, accelerated product launches and regulatory/business reporting, improved data accuracy and reduced operational risk and implementation cost.
Peter Rathgeb
CFO