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By Georg SAUBERER, Managing Director, Regional Head Austria CEE, FERNBACH Financial Software S.A. *
Our customer is a successful and renowned banking group headquartered in the D-A-CH region with primary focus on retail and corporate business.
In order to cover the various processes around private and corporate loan applications, approvals, and settlements, this banking group had been using several different systems, running in parallel, for decades. Loaded with MS Excel and MS Access based tools and requiring a lot of manual interventions in order to fill gaps and carry out checks, all of them needed to be operated individually.
Needless to say, that any reporting was a nightmare as well. As a consequence, they...
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