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Core Banking

Improve your ability to offer products cost effectively across multiple channels
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Bank of Shanghai revamps its core banking operations with high performance solutions from HP
Modernize your core banking functionality

Overview

It is estimated that 80 percent of IT costs are committed to maintaining and operating IT systems. If you’re like most banks, this means there is little budget left over for innovation. You need a way to reduce costs and improve bottom-line performance while delivering new services.
You can reduce the complexity of your legacy systems by moving your core banking functionality to a flexible, scalable infrastructure. By modernizing your IT environment you are able to:
  • Improve performance—Deliver essential business and customer services by reducing poor uptime and improving system availability
  • Increase business agility—Respond in real time to changes by linking business strategies to technology resources
  • Gain a competitive edge—Reduce time to market for new products and offer customers a wider range of services
  • Reduce costs—Replace legacy systems that are costly to maintain with newer, end-to-end systems

Solutions at work

Improve application performance

Improve application performance

Using an HP software solution to enhance its core system capabilities is helping TMB Bank:
  • Deliver performance and availability of its applications
  • Increase the number of system users from 20 to 2,000
  • Reduce system response time from minutes to seconds
Respond to growing demands

Respond to growing demands

Deploying a solution to help accelerate transaction processing enables Newcastle Permanent to:
  • Deliver a tenfold increase in core banking performance
  • Reduce recovery times from hours to just five minutes
  • Simplify administration
Reduce cost

Reduce costs

Replacing its servers with HP Unix, Philippine National Bank was able to:
  • Reduce its software costs by 72%
  • Reduce hardware operating system maintenance costs by 70%
  • Grow its business by offering new products and services quicker and with more flexibility