“Strands Finance is presenting new “What If” functionality that takes PFM historical data and makes it relevant for the future. Users will gain greater insight and control of their financial health with little to no effort. For banks, the data is invaluable to better advise their customers. Strands has developed and leveraged pattern identification algorithms that help model future scenarios and the impact to the user’s short-term cash flow and long-term net worth.”
Pendo Systems Breaks Down Silos of Investment Accounting Data
“Pendo has the first cross vertical global investment accounting cloud solution. We provide services to capital markets across banking, asset management, wealth management, insurance, and corporate treasury.
The landscape today consists of products that are vertically focused on industry (mutual fund, investment management insurance, etc.) & regionally (Asia Pacific, Europe, US). This has caused firms to have silos of investment accounting data – resulting in the same asset being valued differently with a variation of up to 25 basis points. It also is the inhibitor to transparency as the ability to drill down & view total exposure to a given sector, industry, currency, or cost basis cannot be done in a single database and instantaneously. This is a problem that our product solves.BasisPoint solves the issues for the verticals and provides for complete multi-jurisdictional processing for capital markets firms (insurance, mutual fund, asset managers, wealth managers, pension funds, and corporations).”
Perfectsen Launches Targeted Ad Platform, The Hook
“Retaining a customer is said to be 5 times cheaper than acquiring a new one. But the problem for banks has always been getting the right product in front of the right customer.The Hook is a targeted ad platform that solves this problem. It helps banks to intelligently monetize web and mobile traffic by displaying the right products based on existing users’ needs, employing data points from its PFM and other sources.With a single line of code and flexibility to self-host, integration is a breeze and e-banking as a profit centre is no longer a distant dream.”
Striata’s Interactive eBill Helps Paperless Adoption
“Utilizing the power of email; Striata’s next generation interactive PDF eBill can be read and paid on any email-enabled device. Our paperless adoption technology eliminates registration and allows customers to switch off paper in just one click. This results in optimal adoption and faster ROI. Striata will demonstrate the powerful interactive bill which is encrypted, has integrated eConsent, shared password security, instant dispute capability, and mobile one click pay.”
Backbase’s Launchpad Offers a Consistent UX Across Devices
“Backbase Launchpad is a new and unique banking experience, based on Backbase Portal technology. Launchpad offers the latest innovations and best practices in user experience design and cross device customer journeys. The goal of Launchpad is to drastically bring down time-to-market for online and mobile projects.Launchpad is immediately optimized for use on regular browsers, tablets, and smartphones and is entirely manageable by the e-business and digital teams using the Backbase Portal Manager. Launchpad is seamlessly integrated with the Backbase App Center and includes apps such as Accounts Overview, Payments, PFM, Stock Portfolio Manager, Message Center, etc. Other apps (developed by the bank, by Backbase, or by third party vendors) can be easily added to Launchpad.Launchpad and its apps come with universal integration architecture to hook up existing core banking systems with the new Bank 2.0 front-end.”
Metaforic Launches Mobile Software Security to Detect and Respond to Mobile Security Threats
“Metaforic is demonstrating its latest technology that can detect, respond, and report on a range of security threats to mobile financial applications. The product works on a per-app basis at the application layer to inform operators of the real-time security state of the application and device.For example, a Metaforic protected application can detect an application repackaged with a malicious payload, alert the institution if the app connects to its service, and mark any transactions with a higher risk profile. Another example is if the device is jail broken, it will be reliably reported.”
eWise Launches MyFin Mobile Banking App
“The eWise MyFin mobile banking application combines the most powerful elements of PFM, account aggregation, and eAuthentication into a single, integrated solution. The groundbreaking functionality of the eWise MyFin application transforms the consumer’s online banking into a simple, fast, and powerful experience that delivers unprecedented value to Financial Institutions through an integrated ROI engine.”
Heckyl’s FIND Dashboard Connects Traders with Real-Time Financial Information
“Heckyl is a real-time financial information platform connecting brokerages and traders. Heckyl provides real-time news analytics and sentiment mining dashboards that collect information from millions of trusted sources, including government websites, company filings, patent offices, high courts, twitter, etc.Heckyl FIND’s dashboard is integrated with brokerages’ trading terminals. This makes trading terminals immensely powerful as traders have access to real-time news analytics, sentiments, research ideas, economic events, rating updates, and results that are directly streamed into the trading terminals.”
TIBCO Gives FIs A Real-Time View of Customer Activity For Better Offer Targeting
“TIBCO is demonstrating a series of real-time events of a customer (e.g., proximity to a merchant, salary being deposited into account, browsing of offers, booking a flight, reserving a hotel, etc.), how these events are tracked, and how relevant contextual offers are sent to the customer in real-time.The bank can then track a complete, real-time, 360-degree view of the customer via an interactive dashboard. TIBCO will simulate external events (e.g., location, proximity, etc.) and will demonstrate real-time interactions via a mobile device and the merchants’ view of opportunity streams on the dashboard.”
Innovation Agency Crowdsources Innovation
“Innovation Café is an advanced crowdsourcing innovation platform for companies to engage their innovation communities. It is highly configurable and provides for both private and public ecologies, as well as emergent and structured innovation approaches. It is a lightweight platform with advanced white labelling and custom theme capabilities.
The platform’s versatility gives it the ability to integrate with multiple systems including SharePoint, Oracle, and WebSphere. It provides detailed reporting and is capable of dealing with high volumes of traffic, users, and ideas. It has sophisticated social ranking and rating mechanisms. Crowd sourcing and community collaboration focus attention on business objectives that are enhanced through idea challenges.”
Chatting with Joe Cunningham, Visa’s Global Head of Technology Strategy & Innovation, about VisaLabs and the Future of Payments
Since we’re in Singapore prepping for our inaugural FinovateAsia tomorrow (there are only 9 tickets remaining), we took a break for a quick chat with Joe Cunningham, Visa’s Global Head of Technology Strategy & Innovation, who recently relocated here.
Here’s a transcript from the interview:
acific region.
Cunningham: They can email me at cunningham@visa.com.
The Finovate App Is Here, Download it Today to Get a First Look at FinovateAsia 2012
The Finovate mobile app for iPad, iPhone, and Android is finally here, just in time for FinovateAsia! This free app is your guide to all four Finovate conferences and link to past demo videos.
Download it today so you can be one of the first to get an inside look at each FinovateAsia demo and build and manage your schedule for the conference on November 6.
How to download
For iOS go here or search Finovate in the Apple App store. To download for Android devices, go here.
App contents
The app shows short descriptions of the demoing companies and, when updated on the day of the show, we reveal the full details on each companies’ innovation.
App capabilities
While watching the demos and following along using the app, you’ll be able to:
- Email presenters within the app
- Highlight companies
- Link directly to the Finovate Twitter stream
- Build and manage your calendar
Be sure to keep an eye out for future updates, as we showcase innovations in Europe, San Francisco, and New York as well.