US-based business intelligence (BI) and analytics solutions provider Intellicus Technologies has partnered with India-based IT firm Modus Information Systems to roll out a core banking analytics solution.
Dubbed ModusBI, the new solution is built on Intellicus’ BI platform for banks.
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It will integrate with existing core banking systems to deliver relevant KRAs, self-serve reports and statutory reports on interactive dashboards, enabling banks to make informed decisions.
Modus director of business development Chandar Raman said: “ModusBI comes with preloaded dashboards, KRAs, and reports that are extremely relevant to banks.
“We have designed the solution in such a way that different user profiles in a bank can get access to insights as per their roles.
“Report templates have been created in sync with the hierarchy followed in the banks.”
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By GlobalDataIntellicus VP Rajesh Murthy said: “Intellicus is partnering with Modus to deliver an unparalleled BI solution for the BFSI sector.
“Bankers will be able to analyse their data from multiple systems, at any size with high speed and precision. Compliance reports will be fully automated, freeing up precious time of the staff.
“Premium BI features like self-service, trending and predictions, what-if analytics will be democratized to a wider range of users who need them round the clock.”
The discussions for the implementation of ModusBI at banks around the world are currently in the final stages.
