Banking, Treasury, and Capital Markets

We provide the Saudi and GCC markets with comprehensive, integrated solutions for financial institutions through collaborating with our international partners. Our solutions enhance operations, improve the risk/return profile, increases efficiency, enhance innovation of new products, increase revenue, and improve customers’ satisfaction. InnoVision Technology and its partners provide a wide industry leading solutions including:

Cash management solutions. Global Cash pooling helps banks to offer their corporate clients advanced cash pooling services across multiple currencies, countries, banks and time zones at a low cost and high levels of functionality. Cash portal helps financial institutions to minimize costs, improve customer loyalty and increase profitability by providing a common front-end infrastructure for transacting with clients.

Retail banking solutions. Full range of retail, corporate and trade banking services based on a number of design principles including the functionality a bank needs from the teller station to the general ledger, Implementation time that typically takes less than 6 months, Rapid return on investment, Ease of use to minimize training costs and time, Capitalize on the economics of commodity technology, and Competitive software pricing principle. Another solution for retail banking provide a fully integrated, real-time, multi-currency retail banking solution that helps organizations minimize costs, protect and maximize revenues and react quickly to changing markets and regulations. The retail banking solutions provide support to consumer and corporate banking, as well as treasury operations on a single platform through reducing operating costs by automating and streamlining business processes, Reducing IT costs by replacing in-house development with standard features, Maximizing revenues through enhancements and flexible fees and charges, Increasing revenue by speeding the launch of new products, and Improving productivity via STP and easier input.

Universal Banking. InnoVision Technology and its partners provide Universal Banking solution that fully supports & compliments effective deployment and operation of the Universal Banking business model. The solution is scalable, multi-dimensional and componentized solution that enables financial intermediaries to deliver the same range of products and services as larger financial institutions at justifiable cost levels, and makes it possible for larger institutions to professionally manage and effectively serve the growing sophistication of client and market demands while efficiently executing high volume transaction processing.
Trade Services. Our solutions support a full range of products and services including all traditional instruments such as import and export letters of credit, collections, open account-based transactions, bill financing, factoring, guarantees and superior workflow management facilities.

Financial Messaging. We provide financial messaging an advanced thin client, standards-based Java EE application covering every messaging requirement a business has. The solution provides single central platform that supports all SWIFT standards and delivers the flexibility banks need to respond rapidly to regulatory and market changes. Our partners have been strategic partners with SWIFT for many years and are among the world's largest generators of SWIFT messages. Our partners’ Financial Messaging solution is also SWIFTReady Gold accredited.

Islamic Banking. Support for Islamic banking principles is needed from software vendors to help banks turn opportunity into profit, and that’s why we collaborated with our partners to create specialist Islamic Banking and Finance solutions for Retail banking, Corporate banking, and Treasury.

Lending. The Lending solution delivers comprehensive commercial lending functionality as part of a single, core banking platform. The system offers seamless integration with other components and a high level of loan processing automation. A single customer view and flexible credit lines can be applied across all products and business areas, providing faster decision-making and improved risk management. In addition, the solution offers extensive coverage of commercial lending products, including collateral management and syndicated loans. Another module is provided for retail banks, the lending module provides support for the whole lending process, from loan application through opening and monitoring, to delinquency management and reporting. Retail banking module lending functionality is flexible enough to accommodate local lending practices and regulatory requirements and offers a range of advanced features including grace periods, irregular repayments, user-definable delinquency periods, the automatic production of customer correspondence. The module also allows finance packages to be tailored to the individual needs of corporate clients, whilst helping to control the associated risk.

Wealth Management. InnoVision Technology and its partners Wealth Management solutions aimed at Growing the Bank, Increasing Liquidity, Greater share of investor wallet, Enhanced services.

Payments. Our solution is for the transformation of payments processing across the enterprise, the key to unlocking the problems faced by banks is to implement a modern payment hub with message transformation capabilities at its heart across the existing infrastructure. It enables banks to undertake a transformation program and implement it in a phased, low-risk way, with ROI delivered at each step. Using an advanced, standards-based solutions, banks can automate the processing of all payment types and break down operational silos into functional elements, thereby improving operational efficiency and reducing duplication of processes and operations.

Wholesale Banking. InnoVision Technology and its partners provide a comprehensive portfolio of solutions to support the business and IT strategy through offering a single, integrated platform for delivering a wide range of services to corporate customers, including Treasury, Commercial Lending, Capital Markets, Cash Management and Wealth Management. The Trade Portal provides front-to-back trade finance solution. Our trade services portfolio enables banks to serve their critical customers quickly and efficiently. Also, Cash Pooling solution enables banks to offer cash pooling services across multiple currencies, countries, time zones and banks. Corporate customers can receive a range of banking services through a single web-based interface. Payments solution automates the processing of all payment types in an efficient, low cost manner. Furthermore, the treasury solution delivers front-to-back office, cross-asset processing of a wide range of financial instruments and Loan IQ streamlines the management of commercial lending operations, from loan origination to maturity.