Meet Katharine, a CIO at a regional bank. See how she uses IBM Cloud® Paks to capture new business, as well as save time and money for the bank and her customers.
1. Capture new business
Katharine needs to scale her business, reduce costs, and deliver technology that can speed up the Small and Medium Enterprise (SME) lending process to stay competitive. The current SME loan origination process is both costly and time consuming, preventing the bank from capturing a highly lucrative market and growing revenue.
Using the IBM SME lending solution, Katharine leverages IBM Cloud Pak® for Data, IBM Cloud Pak® for Business Automation and IBM Cloud Pak® for Integration to better capture data, automate processes and integrate with other tools to dramatically cut costs and time. This expands her team’s capacity to focus on seizing new business opportunities to grow revenue.
Watch the video to uncover how modernizing applications is good business strategy for any organization, and learn about Nedbank's success using IBM Cloud Paks.
2. Reduce costs and save time
Working with sales and marketing, Katharine is aware of the large market of SME revenue and understands that her team needs to reduce loan origination cost and the time required to process the loan in order to capture market share. In order to do that, she needs to modernize applications and processes.
IBM Cloud® Paks harness the power of AI to identify the most relevant data needed to process the loan and leverages automation technologies to cut manual processes that drive labor costs.
Learn how TD Ameritrade improved processing time with IBM Cloud Pak® for Business Automation.