BIG (www.big.pt), the leading Internet Bank in Portugal, has chosen Riverbank Software
Solutions to implement a new enterprise wide Profitability Management solution. With this
new Solution, BIG will calculate profitability at the most detailed level, allowing insights for
tactical and strategical management.
The solution is composed of several Analytics for Banking by Riverbank modules, including:
- Foundation Data Model, a physical data model specifically designed for the banking business
- Management Information System module, comprised of an Indicator and Report Definition Tool plus dozens of pre-defined banking KPI’s and reports
- Cost Allocation module and Financial Margin module, including FTP calculation at contract level
Mr. Paulo Campos, Operations Senior Manager, commented:
Further than Analytics for
Banking software suite, we got impressed by the knowledge of banking business shown by Riverbank professionals. This gave us the extra confidence to select their Solution.
Paulo Simões, CEO of Riverbank, said:
BIG is one of the best references we could have and we are delighted to have been selected to supply our software and implementation services to implement their next generation Profitability Management system.
BIG was elected 9 times in the last 10 years as the Best Small or Medium Bank in Portugal and, in several of these years, the Most Solid and the Most Profitable.
Riverbank Software Solutions develops and implements software for financial management, including Profitability Management, Performance Management, Financial Margin Management and Financial and Accounting Consolidation.