The emergence of the Financial Supply Chain provides new paradigms for doing business between companies buying and selling goods and services. As banks are challenged by the lack of integrated platforms for enterprise customers to easily track funds status or movements, the Financial Supply Chain is throwing up alternatives for offering companies many services that banks haven’t traditionally provided - causing banks not just loss of margins, but also loss of business.
To counter, banks need not only integrated systems but interoperability with their clients’ and with those of the other members of the Financial Supply Chain. Even more, corporate banks also need to add significantly more value to customers to retain loyalty than just Financial Supply Chain visibility. Therefore, banks need to enhance their ability to intermediate and do so by providing customers reach: from their ERP systems to banking back-ends, with Straight-Through Processing (STP) to trigger operational actions.
PSI is positioned as a Solution Integrator to the Financial Supply Chain. Our solution-based approach to the corporate banking sector is domain-led and end-to-end as shown in the Value Map shown below.
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