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FINANWARE™
Financial Analysis and Benchmark
provides the environment and all the tools necessary
to view and analyze financial statements in detail,
by means of a vertical as well as horizontal display
of the institution's in-house information and
the monitoring of the accounting and administrative
data of the competition.
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To support the internal analysis, the
FINANWARE™ Financial Analysis
has a flexible structure enabling the static and dynamic
establishment of parameters for the analysis and control
of the most important financial information in the accounting
balances of the Institution, such as the financial gap,
the financial spread, the statement of sources and uses
and the financial and management ratios which are the
most relevant to monitor the institution's performance,
its achievement of the established goals, and compliance
with the regulatory requirements issued by regulatory
agencies.
The solution makes available to the
user facilities to define the report structure, definition
of book accounts that can be either in detail or in
consolidated form, the analysis of information through
the flexible application of time ranges (years, months,
weeks, etc.) and the personalized final submission of
reports, together with other characteristics and functions
that are built into the solution.
For the management of the monitoring
and analysis of the competition, a set of facilities
is incorporated to compare and evaluate the institution's
performance with other market institutions, at the general
or peer group level. FINANWARE™ Benchmark provides
for the incorporation into the data warehouse, for analysis,
the market information regularly provided by regulatory
entities and agencies in standard formats that are freely
accessible to Financial Institutions. This information
is used to facilitate the analysis of market developments
and the competition at the level of book accounts, interest
rates, administrative information and specialized management
ratios, such as CAMEL.
| Financial Analysis
- Analysis of changes in
accounting information in time periods defined
by the user.
- Ease of creation of financial ratios.
- Vertical and horizontal analysis of the information
contained.
- Incorporation of data taken from external sources
into the final reports.
- Analysis of the variations occurring between
periods in order to set up a statement of sources
and uses.
- Creation of reports at the user's discretion.
Benchmarking
- Consolidation of financial
market information in one single repository, enabling
the generation of reports on the historical development
of the competition.
- Establishment of an analysis group or peer group.
- Horizontal and vertical analysis of the information
contained.
- Calculation of positioning indicators of the
institution within the peer group over time.
- Analysis of accounting, interest rate and administrative
information on the competition.
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