YodekServices’ leading retail banking solution designed for the new banking landscape.
Retail Banking Issues
Retail banking has undergone massive transformation and changed forever. The digital revolution has led to a disrupted marketplace with changing customer behavior and expectations, emerging competitor types, and innovative technologies that are game changing. This disruption is forcing banks to revisit their business models and the underlying technologies that drive their business. No longer are banks in control, dictating the terms in how customers bank with them. The customer has become the driving force of evolution in retail banking.
Retail Banks are also under pressure from profit margins being squeezed, resulting from product transparency, competition and increasing operational, funding and regulatory costs. Despite these challenges, this digital banking era opens up massive opportunities and banks need to act so these opportunities are reaped to maintain market position and profitable growth. Banks need to provide customers with a new style of banking that fits with the new ways of living; banks need to become customer centric.
How our solution helps
Our Retail Banking solution is an integrated banking software solution for retail banks of all sizes across the globe.
It combines a modern, agile core with powerful analytics and a single platform for distribution across all digital and assisted channels. It enables you to provide convenience and choice to your customers in how they want to bank and manage their finances. It will extend your reach to customers using any device, today and in the future. You will be able to harness the wealth of your data to better understand your customers and develop products and services they want and need quickly and easily.
Our solution will address your banking technology, regulatory and market challenges of today and tomorrow. Through YodekServices you can leverage technology innovation to drive competitor differentiation and advantage, increase operational efficiencies, reduce costs and boost profitability.
Retail Banking solution is a complete, fully integrated, front to back yet componentized retail banking solution, delivered on a single platform. We provide you with choice by being platform agnostic and provides flexible deployment models and speed to market, with regionalised solutions that can be deployed on or off site.
YodekServices provides the richest and most comprehensive core banking functionality on the market today. This is coupled with massive scalability and straight through processing with highly automated transaction handling from multiple channels and sources, increasing efficiency, reducing operating costs and lowering the cost of ownership.