Financial regulations are rapidly changing and increasing in number and scope. As a result, banks must spend a large portion of their allocated budget to ensure they are in compliance with these requirements.
In addition to facing regulatory pressure, banks must remain competitive and efficiently serve the increasing expectations of their customers. After all, it's become more difficult than ever to acquire new customers and keep them satisfied for long periods of time.
To overcome this, banks must balance revenue growth with regulatory compliance. They must continually evaluate and improve their operations to keep up with the fast pace of change in banking and financial industries today.
For more than 45 years, Innovative Systems has helped many of the world's top banks ensure that they have the highest quality data to meet the stringent demands of their industry. Clients such as Scotiabank, China Construction Bank, Bank of Montreal, Charles Schwab, Ally Bank, Riyad Bank, Bank Central Asia, Bank of Ireland, and Saxo Bank have trusted Innovative for their customer data management needs.
Our solutions have provided a solid foundation for cleansing and linking customer data to identify meaningful connections and obtain a full picture of the customer. As a result, these banks have been able to leverage their customer data to the fullest potential and identify new opportunities or risks.