Banking Optimization

The AQOPTIMIZER solution makes it easy to optimize the core banking business. The solution allows for much enhanced use of data, analytics, and modern technology. Bank advisors are supported in assessing and pricing clients optimally, while management and staff specialists can assure profitability targets are met.

Solution features that boost business optimization

1

Achieve deep new business insights from data

Data can be extremely valuable if utilized properly for optimizing the business. It serves as input to predictive modelling and deeper business understanding, which supports stronger decision-making across the organization.

2

Boost revenue and profitability

A key target of any bank is to increase revenue and become more efficient and profitable. Two very important drivers to do this is that Management can set risk appetite nuanced across the business and bank advisors, branch directors etc. are supported in decision-optimization.

3

Reduce potential credit loss

A primary source of loss in banks is due to customers defaulting on their credit obligations. Credit loss is a natural cost of banking and can never be completely mitigated, but it can be significantly reduced by early detection of credit deterioration.

4

Resource optimization

In banking many tasks and processes are manual. An obvious way to become more efficient is to provide much better support with systems and automation. That is one of the main focuses of the AQBanking Solution Suite and it helps saving resources on many fronts.

5

Perform stress testing and scenarios with ease

Being able to perform stress testing and evaluate impacts from business scenarios is an important management tool in modern banking. The AQBanking Solution Suite makes it very easy and fast to perform flexible scenario assessments across the banking book.

6

More business from customer potentials

Adding new business with existing customers is a key focus in banking. An important part of that includes adding new business, that is not core banking products - but opportunities in investment agreements, pensions, and insurance - often via third party providers.

7

Documenting client assessments and pricing

Documenting decisions and actions in relation to client assessments and pricing is a very important requirement in modern banking. It not only provides a higher quality or stronger processes internally, but also allows for stronger standing with regulatory authorities.

8

Stronger standing with regulatory authorities

Banks are subject to heavy regulation and being able to document to regulatory authorities that they manage the business prudently with sound business practices is very important and provides a value via mitigating regulatory exposure.

Explore other solutions

Specialist Analytics

Working with credit, risk, and capital analysis many complex analytical challenges arise. The AQANALYTICS solution is dedicated to support specialists in solving such analytical tasks/problems. It helps automate manual and ad-hoc tasks and perform them systematically and very fast - allowing for more efficient use of resources.

OpRisk Excellence

Running professional operational risk management requires solving very diverse tasks. The AQOpRisk solution includes a unique operational risk framework that combines these tasks in an easy-to-use solution - making it possible to perform effective and high-quality operational risk management with few resources.

What our clients say

"The AQOPTIMIZER solution creates great value through a better understanding of the relationship between pricing and risk, which strengthens the profitability of the bank"
Frank Mortensen
Deputy Chief Executive Officer
Arbejdernes Landsbank
"The AQOPTIMIZER solution is a user-friendly and easily accessible solution that brings great value and understanding to individual advisors, departments and management on the relationship between pricing and capital charges."
Nikolai Krogh-Hansen
Head of Corporate Banking
Sparekassen Thy
"With the AQOPTIMIZER solution, we now have a framework that allows us to get a quick and easy overview of earnings on different customer segments. This applies at individual and portfolio level."
Per Smith
Head of Business Development
Fynske Bank
"With AQOPTIMIZER, we can now put more decision power in the hands of our advisors, as the application systematically supports our customer-facing employees in cost- and risk-based pricing. This is based on Management's risk appetite, which is integrated into the solution and derived in all decision-making."
Carsten Ringgaard
Head of IT & Business Development
Merkur Andelskasse
"For 7 years we have used a pricing tool which has progressed the bank in understanding pricing - with the AQOPTIMIZER solution suite we can move the bank to the next level, with the ability to individualize, simulate and report."
Erik Nejrup Kjærside
Head of Business Development – Corporates
Vestjysk Bank
"The AQOPTIMIZER solution is an intuitive and user-friendly framework for the individual employee and contributes to an efficient everyday life for the bank's corporate advisors."
Frank Mortensen
Deputy Chief Executive Officer
Arbejdernes Landsbank
"From access to the AQOPTIMIZER solution through to implementation by end users, we have experienced a very high level of service, with quick responses, good sparring, and a great willingness to develop the system to suit the bank's needs."
Erik Nejrup Kjærside
Head of Business Development – Corporates
Vestjysk Bank
"The AQOPTIMIZER solution has already shifted the understanding of department managers and financial advisors, towards a holistic view of the profitability of a customer or customer group."
Nikolai Krogh-Hansen
Head of Corporate Banking
Sparekassen Thy
"AQRISK provides competent support on a daily basis and acts as a good sparring partner during both the implementation process and once the application has gone live."
Frank Mortensen
Deputy Chief Executive Officer
Arbejdernes Landsbank
"The AQOPTIMIZER solution has allowed us to ensure that profitability on clients are valued more consistently across the bank."
Per Smith
Head of Business Development
Fynske Bank
"We find that AQRISK has a strong focus on continuously developing and improving the application in collaboration with the banks. The development and implementation of concrete improvement proposals is very rapid."
Frank Mortensen
Deputy Chief Executive Officer
Arbejdernes Landsbank
"Even though we are a smaller, niche and value-based bank with limited IT resources, we have still been able to implement the AQOPTIMIZER application relatively easily in close cooperation with AQRISK. The solution is within the framework of our datacenter and thus presents very limited data and system risks."
Carsten Ringgaard
Head of IT & Business Development
Merkur Andelskasse
"With the AQOPTIMIZER solution, we can continuously monitor the profitability of our customers and more quickly identify customers who have been priced incorrectly."
Per Smith
Head of Business Development
Fynske Bank
"By moving to the AQOPTIMIZER solution we have reduced time used for client assessments and pricing by a factor 12 - this provides great user satisfaction and makes implementation and banking optimization very efficient."
Erik Nejrup Kjærside
Head of Business Development – Corporates
Vestjysk Bank
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