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Modernizing core systems

to keep pace with FinTech revolution

Desperate contest

What FinTechs do

Crowdfunding Social lending

Private banking

Payment services

Blockchain

Money transfer

Personal financing

Insurance

What characterizes FinTechs?

Concentrating on one particular service

Exclusive use of electronic channels (Internet)

User interface simple, highly ergonomic

Operating processes are automated, optimized for

the given service

They work with low costs (no branch network,

minimal human work required)

Growth of the FinTech market

0

5000

10000

15000

20000

25000

2010 2011 2012 2013 2014 2015

FinTech investments worldwide, M$

USA Europe Asia Other

Source: Accenture, The Future of FinTech and Banking, 2016

BigTechs – The GAFAA

Friend to friend

What characterizes BigTechs?

Single account Openness User experience

FinTechs

FinTechs + BigTechs = ?

BigTechs

FOCUSED

SIMPLE

ERGONOMIC

AUTOMATED

CHEAP

UNIFIED

OPEN AND

INTEGRATIVE

How disruptive are xTechs?

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

Consumerbanking

Fundtransfer &payments

Investment &wealth

management

SMEBanking

Brokerageservices

Probability of restructuring till 2020

Source: PWC, Blurred Lines: How FinTech is Shaping Financial

Services, 2016, survey of 544 CEOs in 46 countries

Rise of the new world

Rise of the new world

Rise of the new world

Why would Bausparkassen

care?

Niche markets

Why affected by changes?

Bausparkassen

New regulations

xTech companies

New partners

New ecosystems

IFRS 9 PSD 2

INSTANT PAYMENT

Are incumbents able to

innovate as xTechs do?

The formula of successful

innovation

IMPLEMENTATION INNOVATION IDEAS

Typical IT of Incumbents

What is the result of

complexity?

33%

29%

40%

40%

43%

0% 10% 20% 30% 40% 50%

Support new complexproducts

Cooperation with othersystems

CRM support

Launch new products

Analyze customer data

With what are banks least satisfied?

Source: IBM Global Business Services, Whitepaper, Common Sense Core Banking

Modernization: Rational approaches to achieving success, 2011

Why problem?

Lack of customer focus

Slow solution deployment

Limited integration ability

INCUMBENTS xTECHS

How can the IT of

incumbents be renewed?

Progressive modernization

Complete change

Case study of a complete

change

Management systems

Client Service and Sales Support

Base systems Central Services

An

aly

se

s,

Rep

ort

ing

, S

tati

sti

cs

(B

I)

Application Integration

CRM

Payment system interfaces

Document management

Sales front IVR Portals

Sales team management

Posta GIRO Account

management

Reporting

Contract

management

Product

management

State

subsidy

Security

management

Receivables

management

Collection

Calculator

Registering

documents

Storing

documents

Creating

documents

Scoring Application

processing

Credit

Assessment

INFRA-

Contracts

KHR-

Interface

Credit

monitoring

Commission

calculation

Career

management Partner data

management

Targeted architecture

HR

Payments

Treasury

Payables

receivables

Provision

management

Payments General

ledger

Controlling

Asset

management

Akvizíció

vezérlés

Kampány

kezelés

Állomány

hozzáren-

delés

Consulting eBanking Telesales

Application

Management

Central

authentication

Acquisition

management

Campaign

management

Partner

Managing

orders

360˙ Partner

profile

Real estate

evaluation

In/out

Front

Sales

forecast

Sales

Partners

Product

catalogue

Middleware

The advantages

360 degree customer profile

Ability of fast financial product deployment

Short-time implementation of new business branches

Ability to integrate other systems

IMPLEMENTATION

Thank You for Your

attention!

Contact:

info@moonsol.com