Banking Software

Alnova Financial Solutions ™

Alnova Financial Solutions is a core banking application that offers banks broad functionality and advanced capabilities, anchored on Accenture’s extensive knowledge of high performance banking processes. It allows banks to transform their core banking operations, increasing flexibility, agility and competitiveness. Installed at more than 100 banks globally, Alnova Financial Solutions is the technology foundation for some of the most successful and efficient banking institutions in the world.


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Features & Benefits
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Flexibility and Agility

Alnova Financial Solutions employs modular, JAVA-based solution design making it more readily and rapidly configured to a bank’s unique business, customer and technology environment, thus helping create a more agile business and technology environment.

Lower total cost of ownership

Components of the overall platform can be purchased separately for quicker, lower-cost implementation. Solutions can be configured and implemented rapidly, and maintenance and upgrades are assured as part of the overall contract.

Improved loyalty, reduced risk

Proven capabilities help banks increase customer acquisition and loyalty, reduce time to market for new products, improve their businesses and apply their brand management and multi-channel integration strategies to achieve high performance—all with reduced risk.

Speed to Market

Alnova Financial Solutions offers multiple avenues to help speed development and reduce costs including increased standardization and preconfigured solutions.

Improved efficiency

Accenture experience shows that Alnova Financial Solutions can help banks achieve leading cost-efficiency ratios: today major clients are averaging percentages in the low- to mid- 40s.

Enhanced Revenue Generation Services

Alnova Financial Solutions provides banks enhanced capabilities to help seize revenue-generating opportunities through such areas as personalized offerings and customized pricing, product bundling, cross selling, and multichannel capabilities including mobility and Internet.

Profitable growth

Alnova Financial Solutions helps banks attain profitable growth by responding to shareholder and customer demands. Accenture clients can increase cross-sell rates, with each client buying up to six products as compared with the market average of two.

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Key Components
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Alnova Financial Solutions is recognized for its industry-leading breadth of functionality including:

  • Flexible, highly configurable, open multichannel technical architecture aligned to advanced IT standards, including UNIX, Java and technical platform protocols.
  • Rich comprehensive front-end functionality industrializing the sales process while providing customers a seamless experience across all channels.
  • SOA-based banking functionality for integration into portals and third-party front ends.
  • A dedicated banking customer relationship management solution that allows the bank to identify and focus on the needs of discrete client segments.
  • Predictable, progressive implementation processes that align IT with operational models by applying Accenture’s experience in banking industry and systems integration projects.
  • A customer-centric, modular solution for banking operations offering online and real-time processing allowing services to be monitored and systematically improved.
  • Straight-through processing (STP) and other forms of business process automation to help minimize duplicate entries and human intervention.
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Technology
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Scalability and Flexibility

Whether your financial institution needs volume scalability (from a few thousand to more than 10 million customers), development flexibility, speed to market, real-time processing or requires a centralized or decentralized business model, Alnova Financial Solutions can help you achieve your business transformation goals.

Maintenance and Support

Alnova Financial Solutions is available as standard packaged software, with full maintenance and upgrade support.

Modularity

The modularity of Alnova Financial Solutions allows for a full implementation of the global suite or single module integrations to existing legacy systems for specific business units or distribution channels.

Off-the-shelf Solution

Developed for banks that want the convenience of an off-the-shelf solution with the flexibility of a fully custom system, Alnova Financial Solutions is one of the most complete technology platform solutions available. Now available as standard packaged software, with full maintenance and upgrade support.

Reliability

Alnova Financial Solutions is field tested and proven. Installed at more than a hundred banks in more than 20 countries, Alnova Financial Solutions is a reliable, widely-used platform backed by the Accenture Software organization.

Support for multiple platforms

Alnova Financial Solutions is now available on Unix/Linux and mainframe.

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"We chose to work with Accenture because of their industry knowledge and their Claim Components, which enables us to harness the power of Web technologies more quickly and efficiently than any other approach."
Jim Knight, CIO, Chubb



Market Recognition

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"We chose to work with Accenture because of their industry knowledge and their Claim Components, which enables us to harness the power of Web technologies more quickly and efficiently than any other approach."
Jim Knight, CIO, Chubb



Market Recognition

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"We chose to work with Accenture because of their industry knowledge and their Claim Components, which enables us to harness the power of Web technologies more quickly and efficiently than any other approach."
Jim Knight, CIO, Chubb

"Accenture's ongoing investment in Accenture Claim Components enables us to continuously enhance our operations and thus deliver worldclass claims services."
Phil Sibilia, Senior VP: Claims, OneBeacon Insurance Group

"Given the robust functionality of Accenture Claim Components, we were able to rapidly configure and deploy the solution with minimal impact on our business. This implementation marks a major milestone in our effort to achieve claims excellence."
Wilson Wheeler, Senior VP and Chief Claims Officer, Affirmative Insurance

"We selected the Accenture Life Insurance Platform because of its ability to support leading-edge annuity products that are highly configurable. In addition, Accenture's deep knowledge of the life insurance and annuity industry and its proven record in systems integration make it a strong partner for our business."
Cathy Mahone, Senior VP of Enterprise Operations at Allianz Life

"We selected Accenture because they came with a perfectly adapted, cost-effective, all-in-one solution that met our accelerated timelines with software and implementation expertise and policy conversion capabilities. In addition, the Accenture Life Insurance Platform provides support across the full policy life cycle and integrates easily with our other existing systems, thereby offering a single provider solution enabling true straight-through processing."
Tom Benton, Vice President, Technology and Systems, Navy Mutual Aid Association



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"A committed Accenture team with deep process competence, technology expertise and solution orientation supported us throughout the solution's planning and implementation."
Helmut Herrmann, Payroll Management Lead, Volkswagen AG

"With the Accenture HR Management Suite, we are able to design our global HR processes efficiently—we can use the Web-based solution to integrate all locations. Our solution therefore ensures that all SCHOTT employees are entered in a single system (SAP HCM). The solution has been rolled out in approximately 40 countries."
Jeannette Schuh, formerly HR Information Systems Manager, SCHOTT AG

"We needed a solution that allowed us to adapt templates and text components with minimal effort and to generate all staff correspondence automatically using the existing Microsoft Word and SAP HCM infrastructure. One of our key concerns was that the solution should be accepted by the users in the HR division."
Christoph Eyerschmalz, Head of Application Development, Bayerischer Rundfunk

"OrgPublisher™ for SAP® solutions has proved itself to be very valuable and considerably enhances the standard reporting forms in SAP."
Ralf Schmachtel, Head of Payroll, Hamburger Stadtentwässerung AöR, a HAMBURG WASSER company



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"Our integrated, business-driven enterprise data warehouse is a key factor in our efforts to drive improved performance from our entire organization and dramatically enhance our customer experience."
Mohd Yunus Idris, General Manager, Business Development and Sales, MASkargo

"The City of Amsterdam embraced a vision to reduce CO2 emissions by 40 percent by 2025. It introduced a range of methods to cut CO2 emissions, including smart meters in homes, retrofitting of commercial buildings and deployment of intelligent power connections for cargo vessels."
"New Waves of Growth: Unlocking opportunity in the multi-polar world," Accenture 2011

"The majority of freight and logistics companies know that they confront significant change in their markets and customer requirements, and need to make significant changes in their business models and supply chain solutions. "
"Achieving High Performance Change Drivers, Strategic Responses and the Role of IT in Freight and Logistics Companies," Accenture 2008

"According to majority of survey respondents, strong IT capabilities are an essential building block for any effective freight and logistics company."
"Achieving High Performance Change Drivers, Strategic Responses and the Role of IT in Freight and Logistics Companies," Accenture 2008



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"There's true business value in ADMS and we're excited to be part of a common dealer platform that encourages collaboration and allows for ongoing customization based on the needs of Caterpillar dealerships."
Denny Upton, CFO, Riggs

"ADMS allows us to move our business into the future without the huge upfront investment that a 3rd Party ERP solution would require."
Tom Murray, CIO, HOLT CAT

"Multi-company and multi-currency is a challenge to our business today. We are strongly interested in the ADMS multi-capabilities & believe there is significant benefit to our business"
Valerie Segonne, CIO, Bergerat

"Accenture and our dealership have a serious commitment to modernize the system functions and to enhance its integration capabilities"
Tito Otero, CIO, Ferreyros

"…we can see that the ADMS approach of upgrading the underlying technology of the DBS system is a much simpler and less risky way to move forward, considering our previous lessons learnt, and we'll still get the additional capabilities that we need to run our business more effectively…"
Bari Hamami, President, Trakindo

"Through ADMS, IMCA expects to have the flexibility necessary in our system to support our strategies and business philosophy to achieve our vision."
Omar Batista, CFO, Lucia Soriano, CIO, IMCA



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"We chose Accenture CAS after carrying out an extensive evaluation of global players in the sales force automation industry. Our criteria for selection covered the technology solutions available today, as well as vision, roadmap for future development, organizational culture, and the overall fit with McCormick requirements. Accenture CAS clearly met our needs."
Thomas Stumpp, Project Manager, McCormick

"The new direct store delivery mobile solution will complement our investment in the Accenture CAS application suite and further our goal of a single mobility platform which, in turn, will reduce cost, IT complexity and leverage business functionality across the different user roles."
Reinhard F. Meister, General Manager, Bottler Services Group, The Coca-Cola Company



Upcoming Events

August 26-29, 2012
APHSA ISM Conference, Baltimore, MD

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Testimonials

"Accenture's pre-coded, pre-tested, pre-configured platform helps govern an overall SOA approach and make it significantly easier to implement. APSP is enabling AHS to seamlessly share data and maintain its integrity across the agency and among a wide range of users."
Angela Rouelle, Chief Information Officer, Vermont Agency of Human Services

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