Intellicus is the world’s leading business intelligence and analytics solution platform. About 60% of Fortune companies are using Intellicus solutions. Interactive web and mobile platforms are the two solutions that provide its users to access, view, and interact with corporate data from anywhere. The solutions have encountered a worldwide installation of about 17,000.
Modus Information Systems, a software development company, provides a Core Banking solution that offers end-to-end implementation, customization, support, maintenance, and testing services. The company has a team of software delivery experts, banking domain experts, professional testers, and web designers. Modus has engaged with several other marquee banking clients as the partner for core banking services.
Both companies have joined together to launch a core banking analytics solution. The solution is named ModusBI and it is built on the Intellicus business intelligence platform. This solution fits into the core banking system and offers interactive dashboards, self-serve reports, statutory reports and helps in making informed decisions.
Director and Business Development at Modus, Chandra Raman, said that the solution ModusBI has come with dashboards, KRA, and reports which are preloaded and important to banks. The solution is designed in such a way that various user profiles in banks would get insights according to the roles. The report templates in the solution are created regarding the hierarchy followed in banks. He also added that the company is an expert in offering core banking solutions both in India and worldwide. The solution ModusBI will cater a high business value to banks by leveraging core banking investments.
Intellicus with Modus will cater, BI solution to the BFSI sector. This enables banks to analyze the data from multiple systems at different sizes and with high speed and accuracy. The solution will automatically generate compliance reports. This will reduce the burden and saves the time of the employee. The BI solution provides premium features such as self-service, trending and predictions, what-if analytics. These features will be catered to the users who need it all day and night, said Rajesh Murthy, Vice President at Intellicus.
The new core banking analytics solution ModusBI is in the final stage of discussions for the implementation plans with leading banks in various countries.
