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Core systems from IBM and Fidelity

Executive summary Business view Technical details
The goal
Manage customers and products efficiently and productively
Retain existing clients. Attract new customers. Corebank, the core systems solution from IBM and Fidelity, helps your bank meet customer demand for more complex financial offerings and flexible banking arrangements. Our solution can help you meet new banking challenges through flexible product packaging.

The advantage
World class partners that add value to your organization
Corebank, the core systems solution from IBM and Fidelity, combines best-of-breed application software with comprehensive technology and world-class business services.

IBM and Fidelity have:
  • The credentials and commitment that comes from working for many years with some of the world’s leading financial services companies.
  • Experience gained from hundreds of banking engagements.

IBM:
  • 95 percent of the Fortune 100 companies rely on IBM platforms for mission-critical business processing.

Fidelity:
  • Has over 1,000 customers in more than 50 countries and territories.
  • Invests over US$100 million annually in research and development, product solutions and acquisitions.
  • Provides software and services for 45 of the world's top 100 banks.

The benefits
Meet customer demand with a strategic business solution
Meet customer demands for tailored products and services. Improve operational efficiency. Support consistent customer relationship management throughout the organization using Corebank, the preferred next generation core banking solution from IBM and Fidelity.

Corebank:
  • Provides a customer-centric view to effectively manage customer relationships.
  • Creates flexible financial offerings to enable portfolio growth and to increase customer satisfaction.
  • Supports a wide range of deposit and lending product packages in line with prevailing market conditions.
  • Supports customized products to suit specific branches and distribution through a variety of delivery channels.
  • Allows rapid creation of personalized, market-of-one products and services.
  • Supports new functions and processes to increase customer satisfaction.
  • Delivers a consistent customer experience across delivery channels.
  • Automates complex fee and interest rate calculations to reduce errors and increase productivity.
  • Increases business and operational efficiencies with true 24x7 operations.
  • Provides opportunity to rationalize processing infrastructure with resulting cost reductions and increased operational resilience.
  • Generates accounting and management information data from operational data, for risk management and productivity analysis.
  • Provides defined interfaces for sharing business functionality with other applications.

The approach
Enable your business strategy
Many financial institutions operate legacy systems that are:
  • Account focused rather than customer focused.
  • Difficult and expensive to maintain.
  • Inflexible and unresponsive to change.


Software is only part of the solution. Services, training and additional components are requirements for a total solution. IBM and Fidelity solutions are designed and built to support and link to your strategy, business lines and IT operations.

The combined experience and skills of IBM and Fidelity enable us to address the entire back-office project life cycle—from opportunity qualification and package evaluation to feasibility and final implementation

The financial advantage
Increase speed of return on investment
Minimize costs. Monitor profitability. Maximize shareholder value. The core systems solution from IBM and Fidelity can help your organization:
  • Simplify customer and account administration to reduce costs and improve customer service.
  • Determine which products to sell to which customers for efficient cross-selling and revenue generation opportunities.
  • Achieve quick wins and increased ROI with decreased risk through component implementation.



Featured video

IBM and Bank Systems and Technology video

Core systems transformation
Hardware
Focus on systems  
Business partner
Fidelity Information Systems