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Cecabank Report 2018
Our business model
The bank also provides a signature service with electronic certificates on
the cloud, the purpose of which is to make available to the entities a robust
signature system equivalent to a handwritten signature and which will be
deployed in entities during 2019.
All these services are implemented under Agile methodology criteria, with
the aim of improving project development times and their adjustment to the
clients' needs.
The main new development in this area is the project initiated in 2018: a
data standardisation and analysis plan that can generate in 2019 new services
for the entities.
Digitized
The SFD Digitized Signature product is the leading solution in biometric
handwritten signature applications, and it allows digitising operations and
contracts, providing further efficiency to financial processes that require
a client's signature in any channel related thereto: branch, mobility and
online banking.
In addition to establishing a mechanism that provides the highest levels of
guarantee as a means of consent, biometric handwritten signatures allow
unequivocally identifying clients thanks to the Biotrace technology developed
in collaboration with the Autonomous University of Madrid.
SFD is implemented currently in 26 clients within the financial, insurance,
human resources and healthcare sectors, among others, deploying more than
70,000 positions and reaching a volume of signed operations of more than 600
million euros per year.
In 2018 two new clients contracted the product: Caja de Ingenieros and
Sanitas, which has implemented the solution in Torrejón Hospital.
Pyramid Analysis
Cecabank's Pyramid Analysis solution allows a company to access regulatory
benchmarking to find out its comparative situation in key management
variables, such as its business model, profitability, efficiency, credit quality,
solvency and liquidity.
In the last quarter of 2018 we covered close to the 4,000 indicators
distributed over the five SREP (Supervisory Review and Evaluation Process)
pillars, and Circular 4/2017 has been integrated, with the participation of 13
clients in the product project (Banco Santander, Caixabank, Bankia, Abanca,
Kutxabank, Unicaja, Euro Caja Rural, Grupo Solventia, Caja de Ingenieros,
EBN Banco, Caixa Ontinyent, Banca Pueyo and Banca March).
On the other hand, Cecabank continues to extend the focus towards
monitoring, measuring and controlling the quality of information within the
regulatory reporting's building process.
The bank provides all services
related to the online channels,
the value processes revolving
around payments and the business
intelligence and data analysis
Pyramid Analysis provides
regulatory benckmarking
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