Comprehensive automation for financial institutions that includes transaction processing, risk management, and compliance reporting to enhance back-office efficiency.
Platforms that automate manual back-office processes to improve efficiency and reduce operational risk.
More Back-Office Automation
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Multi-Source Data Integration Ability to connect and integrate with multiple internal and external data sources. |
Fusion Operations integrates with core banking and external financial systems, fulfilling multi-source data integration. | |
Real-Time Data Sync Latency of data updates between systems. |
No information available | |
Data Cleansing Toolkit to detect, flag, and correct errors in imported data. |
Automation suite implies presence of data cleansing to ensure process reliability in financial data. | |
Data Mapping Utilities Tools for transforming data to required schema. |
Supports mapping between legacy, internal and external data formats, indicating data mapping utilities. | |
Bulk Data Import/Export Facility to upload and download large volumes of data efficiently. |
Bulk processing/back-office automation indicates bulk data import/export capability. | |
Data Lineage Tracking Tracks flow and source of data through various processes. |
No information available | |
Change Data Capture (CDC) Ability to detect and process changes in data as they happen. |
No information available | |
Data Retention Control Customisable retention policies for historical data. |
Compliance and audit modules likely require customizable data retention policies. | |
Audit Trails for Data Changes Maintains full logs of all modifications to data. |
Audit/compliance reporting require full logs of all data/manual changes, indicating audit trails for data changes. | |
Support for Structured & Unstructured Data Can handle both structured (e.g., tables) and unstructured (e.g., PDF, images) inputs. |
Banking operations process both structured and unstructured data as part of documents and transactions. | |
Automated Data Validation Auto-checks data consistency and compliance with business rules. |
Automated data validation is key for financial processing and compliance. | |
API Availability for Data Access Provides documented APIs for programmatic data access. |
Fusion Operations offers APIs for integration with bank systems and external platforms. | |
Scheduled Data Sync Ability to automate data sync on a recurring schedule. |
Data synchronization with multiple systems and time-based automations indicate scheduled data sync. |
Workflow Designer Visual or script-based workflow creation and editing. |
No information available | |
Rule-Based Decision Engine Support for if-then rules to automate actions. |
Business process automation relies on rule-based decision engines for back-office processes. | |
RPA (Robotic Process Automation) Integration Incorporates or connects with RPA bots. |
No information available | |
Automated Exception Handling Automatic management or routing of exceptions during processing. |
Exception and error handling is typically automated in high-volume financial environments. | |
Task Scheduling Ability to schedule recurring tasks. |
No information available | |
Automated Notifications Sends alerts on task completion or errors. |
Automated notifications on process completion/errors mentioned as part of workflow and compliance reporting. | |
Parallel Task Execution Runs multiple automation workflows simultaneously. |
No information available | |
Batch Processing Capacity Number of transactions or processes that can be handled per batch. |
No information available | |
Dynamic Work Assignment Automatically assigns work to available staff based on workload. |
No information available | |
Self-Healing Workflows Ability to automatically retry or reroute failed steps. |
No information available | |
Configurable Triggers Workflow can be started by event, schedule, or API call. |
Triggers for workflows based on schedule/events are typical in automation platforms. | |
Workflow Monitoring Dashboard Central monitoring panel for workflow status and health. |
Dashboard monitoring is standard for operational workflow tracking. | |
Automatic Workload Scaling System increases or decreases capacity based on demand. |
System reportedly manages workload scaling during high-volume periods. |
Multi-Factor Authentication Supports MFA for user login and critical actions. |
Financial software like Fusion Operations supports MFA as expected for compliance and security. | |
Encryption (At Rest & In Transit) Data is encrypted both during storage and transfer. |
Vendor security details indicate encryption at rest and in transit. | |
User Role-Based Access Controls (RBAC) Granular permissions based on roles/positions. |
User/role-based access controls are part of the compliance and audit features. | |
Regulatory Compliance Module Built-in checks for relevant regulations (e.g., GDPR, SOX, etc.). |
Fusion Operations features regulatory compliance modules for banking (GDPR, SOX etc). | |
Custom Compliance Rules Engine Allows definition of organization-specific compliance rules. |
Custom compliance logic is referenced as configurable compliance automation. | |
Automated Audit Logging Captures all user/system actions for audit purposes. |
System audit logs all actions for regulatory review and internal audit. | |
Secure API Gateway Manages and secures all API traffic. |
API layer features enterprise-grade security (API gateway suggested in documentation). | |
Compliance Reporting Predefined and ad-hoc reports for auditors and regulators. |
Standard reporting modules include compliance reports for auditors and regulators. | |
Data Masking Sensitive data is masked for unauthorized viewers. |
No information available | |
Activity Monitoring & Alerts Detects suspicious or non-compliant activities. |
Back office automation and fraud detection require activity monitoring/alerts. | |
Single Sign-On (SSO) Supports enterprise SSO solutions. |
No information available | |
Secure File Storage Ensures documents and files are securely stored and accessed. |
Secure document storage is typical for regulatory and operational data. | |
Automated User De-provisioning Automatically removes access from users upon termination or transfer. |
No information available |
Custom Report Builder Tool to design and generate custom reports. |
Custom report builder tools are standard in analytics and compliance reporting modules. | |
Pre-built Operational Dashboards Ready-to-use dashboards monitoring KPIs and SLAs. |
Operational performance dashboards are mentioned among features. | |
Scheduled Report Distribution Automatic emailing or sharing of reports on schedule. |
No information available | |
Ad-hoc Query Capability Enables on-demand data querying and reporting. |
On-demand business and compliance querying are cited. | |
Real-Time Analytics Analytical views and data are updated in real time. |
Real-time dashboards and analytics for KPIs and SLA monitoring. | |
Drill-Down and Drill-Through Reporting Ability to navigate from summary to detailed data. |
No information available | |
Data Export Formats Supports various formats for exported reports (PDF, Excel, CSV, etc.). |
Reports support export to PDF, Excel etc. (typical for compliance/banking tools). | |
Alerting Based on Analytics Triggers automated alerts when thresholds are exceeded. |
No information available | |
Data Visualization Tools Charts, graphs, and visual tools for data analysis. |
Dashboards and reports use charts/graphs for process metrics and analytics. | |
Historical Trend Analysis Analyzes data patterns over time. |
No information available | |
Performance Metrics Tracking Monitors and reports on efficiency metrics (e.g., STP rate, error rate). |
Performance and transaction reporting/analytics includes metrics analysis. | |
Report Access Control Restricts report access by user or role. |
Role-based access extends to reports as part of compliance. | |
Embedded Analytics APIs APIs for integrating analytics into other platforms. |
No information available |
Intuitive User Interface (UI) Modern and easy-to-navigate user experience. |
Emphasis on modern UI for operational staff productivity. | |
Role-Specific Dashboards Custom views based on user's job function. |
No information available | |
Multi-Device Support Accessible from desktops, tablets, and mobiles. |
Supports multi-device access for back-office and management teams. | |
Guided Workflows/Tutorials Step-by-step help and tours for system functions. |
No information available | |
Customizable Themes Ability to change visual themes or branding. |
No information available | |
Accessibility Compliance (WCAG/ADA) Designed to meet accessibility standards for users with disabilities. |
Vendor documentation references accessibility compliance for banking clients. | |
Language Localization Supports multiple languages/locales. |
Language/localization required for global banking operations. | |
Bulk User Operations Supports bulk actions for user management. |
No information available | |
Configurable Notifications Users can set preferences for alerts and updates. |
No information available | |
Personalized Shortcuts Quick access links tailored to individual user needs. |
No information available | |
In-Product Help/Support Built-in help and contextual guidance. |
Comprehensive help/support modules referenced for user onboarding. | |
Responsive Design Automatically adapts to various screen sizes. |
No information available | |
User Feedback Collection Mechanism for users to submit suggestions and issues. |
No information available |
High-Volume Transaction Support Maximum transactions processed per second. |
No information available | |
Real-Time Transaction Validation Immediate validation of key transaction fields (e.g., account, amount, limits). |
Real-time validation referenced in the transaction lifecycle management. | |
Automated Reconciliation End-to-end matching of transactions and balances. |
Automated reconciliation cited as core automation for back-office operations. | |
Error Detection and Handling Identifies and manages errors throughout the transaction lifecycle. |
Error detection and handling is key for transaction management in automation suites. | |
Bulk Transaction Processing Ability to process large batches of transactions in one run. |
Bulk processing capacity for high-volume financial operations is supported. | |
Straight-Through Processing (STP) Rate Proportion of transactions processed without manual intervention. |
No information available | |
Settlement Engine Automates settlement processes based on transaction status. |
Settlement automation is included as part of transaction processing. | |
Out-of-Hours Processing Processes can be scheduled for non-core banking hours. |
Out-of-hours scheduled batch processes supported for banking requirements. | |
Automated Transaction Categorization Classifies transactions for downstream processing or reporting. |
No information available | |
Transaction Archival Automatic, rules-based archiving of older transactions. |
Archiving features described for compliance and historic data. | |
On-the-Fly Transaction Edits Edit pending transactions prior to final posting. |
No information available | |
Partial/Failed Transaction Handling Mechanisms for retrying or reversing incomplete transactions. |
Automated handling for partial/failed transactions is discussed in the automation feature set. | |
Support for Multiple Transaction Types Handles various products (loans, deposits, transfers, fees). |
Handles various transaction types (deposits, loans, etc.) as a multi-product back-office suite. |
Open API Support Supports widely used API standards for seamless integration. |
APIs support open standards for integration. | |
Pre-Built Connectors Existing adapters for common banking systems/partners. |
No information available | |
Custom API Creation Build custom APIs for unique integration needs. |
Custom APIs can be created as part of platform extensibility. | |
Legacy System Integration Facilitates smooth data flow from old/unsupported systems. |
Legacy integration is essential for banking software migration. | |
Real-Time Messaging Support Handles high-speed real-time data exchange (e.g., via MQ, Kafka). |
No information available | |
Security Standards (OAuth2, JWT, SAML) Adopts industry-standard integration security protocols. |
Security protocols like OAuth2/JWT referenced in integration docs. | |
Integration Monitoring Dashboards for tracking integration health/status. |
No information available | |
API Throttling and Rate Limiting Governs usage and prevents overloads during high demand. |
No information available | |
Error Handling/Retry Logic for Integrations Automatic management of failed integration attempts. |
No information available | |
Webhooks for Event Driven Updates Notifies external systems of specific events automatically. |
No information available | |
Data Format Flexibility Supports multiple data formats - JSON, XML, CSV, etc. |
Multiple data format support (XML, CSV, JSON) is standard for banking integrations. | |
Integration Testing Utilities Test tools for validating connections and data flows. |
No information available | |
Bulk Integration Data Loads High-capacity transfer for initial or periodic data migrations. |
No information available |
Automated Exception Detection Automatically identifies anomalies or process failures. |
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Exception Routing and Assignment Assigns exceptions to appropriate users or teams. |
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Exception Classification Categorizes exceptions by type/cause/severity. |
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Exception Resolution Workflow Guided workflows for investigating and resolving exceptions. |
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Exception Escalation Automatically escalates unresolved exceptions based on rules. |
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Exception Dashboard Provides a centralized exception status and analysis portal. |
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Root Cause Analysis Tools Helps in investigating source of frequent exception patterns. |
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Exception Lifecycle Tracking Monitors exceptions from occurrence to closure. |
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SLA Tracking for Exception Resolution Monitors compliance with service level agreements during resolution. |
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Automated Exception Report Generation Creates periodic summaries of exceptions handled and outcomes. |
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Exception Notification Settings Manages how and when users are alerted about exceptions. |
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Historical Exception Database Maintains long-term records for analytics and audits. |
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Bulk Exception Management Supports actions on groups of similar exceptions. |
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Horizontal Scalability System can scale across multiple servers or cloud resources. |
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Vertical Scalability System can utilize additional resources in single hardware instance. |
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Peak Processing Throughput Maximum concurrent transactions the system can handle. |
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Average Transaction Latency Average time for a standard transaction to complete. |
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Guaranteed System Uptime Availability percentage as per service level agreements. |
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On-Demand Resource Allocation Resources auto-provisioned to meet increased loads. |
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Load Balancing Support Distributes traffic across servers for optimal performance. |
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Disaster Recovery Support Mechanisms for system failover and data recovery. |
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Concurrent User Support Number of users able to work simultaneously. |
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Performance Monitoring Tools Built-in tools for monitoring and alerting on performance metrics. |
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Scheduled Maintenance Windows Ability to plan updates or downtimes with minimal disruption. |
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Geographic Redundancy Systems are mirrored in multiple data centers/regions. |
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Offline Operation Mode Limited core processes can continue when disconnected. |
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Customizable Business Rules Adaptation of logic/rules without code changes. |
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Modular Architecture Features de-coupled into independently deployable units. |
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Scriptable Extensions Support for custom scripting to extend functionality. |
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Plugin Marketplace or SDK Ecosystem for partner or customer developed extensions. |
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UI Customization Tools Adapt user interface elements for branding or process needs. |
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Template Management Create templates for repetitive processes. |
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Configuration Environment Isolation Test configuration changes in isolated sandboxes. |
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Version Control for Configurations Track and rollback changes made to configuration. |
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Automated Configuration Deployment Deploy config changes across environments with minimal manual steps. |
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Parameterization Support Change parameters (limits, cutoffs etc.) without coding. |
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Custom Role and Permission Definitions Allows organizations to set up unique access profiles. |
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Extensible Data Model Ability to add new fields, data types or entities. |
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Third-Party Tool Integrations Compatible with best-in-class third party services. |
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24x7 Customer Support Availability Access to technical and operational support around the clock. |
24x7 support availability is sold as part of Finastra’s overall managed service for enterprise operations. | |
Automated Health Checks System proactively monitors health and flags issues. |
Product overview lists automated health checks as part of its system reliability and support features. | |
Self-Service Knowledge Base Comprehensive documentation and troubleshooting resources. |
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In-Application Support Chat Direct support access within the application interface. |
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Change Management Tools Supports tracking and communication of changes to users. |
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User Training Resources Access to structured user training and onboarding. |
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Release Notes and Version Histories Clear communication of system changes/updates. |
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Automated Updates and Patches System can update itself or prompt admins for updates. |
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Feedback and Ticketing System Log new issues or feature requests directly to support. |
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Service Level Agreement (SLA) Tracking Monitors compliance with contracted uptime and support SLAs. |
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Disaster Recovery Documentation Comprehensive DR guides and procedures provided. |
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On-Premise and Cloud Deployment Manuals Comprehensive setup and operation documentation. |
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Upgrade Rollback Capability Can revert to previous version if new release causes issues. |
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Transparent Pricing Structure Clear, unambiguous pricing model with no hidden charges. |
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Pay-as-You-Go Option Consumption-based pricing instead of flat fees. |
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On-Premise Deployment Support Can be installed and run within customer's data center. |
Fusion Operations can be deployed on-premise as explicitly stated in the deployment options on their website. | |
Cloud/SaaS Deployment Available as a cloud-based or SaaS offering. |
Cloud and SaaS deployment is available and a common choice for new customers, based on public case studies. | |
Hybrid Deployment Support Flexible deployment using a mix of cloud and on-prem setups. |
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Per User Licensing Licensing model based on active users. |
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Per Transaction Pricing Pricing model based on usage/transactions. |
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Non-Production/Sandbox Environment Availability Test and train in safe, non-production setup. |
Non-production environments for testing and validation before go-live are standard for large banking core solutions. | |
Migration Assistance Help and tools for importing existing data and configurations. |
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Upgrade Flexibility Allows customer choice on if/when to upgrade. |
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Customizable Resource Allocation Adjust allocated resources (CPU, memory, database). |
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Cost Monitoring Tools Monitor real-time and historical costs linked to system operation. |
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License Usage Reporting Reports showing actual versus licensed usage. |
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