Case Study: Siemens Healthineers achieves faster commercial lending time-to-market with Misys FusionBanking Loan IQ

Siemens Bank speeds commercial lending time-to-market with Misys

Siemens Healthineers, here represented by Siemens Bank GmbH, needed to modernize its loan administration, reporting, and customer data processes as growth increased demands on its existing IT landscape. The company also wanted to shorten time-to-market for new products and lower implementation costs, prompting it to evaluate vendors including Misys and its Misys FusionBanking Loan IQ solution.

Misys implemented FusionBanking Loan IQ as the bank’s central commercial lending platform, with support from Finbridge, integrating it with general ledger, data warehousing, and BI systems. The result was a full migration of loans on schedule, deployment in just nine months, faster regulatory and business reporting, improved automation and reliability, and a single real-time view across the loan lifecycle, helping Siemens Healthineers’ banking arm launch products faster and operate more efficiently.

Siemens Healthineers

Peter Rathgeb

CFO