True Banking Software As A Service
We engineered BADA
for the Philippiines banks
Bankware Global has acquired the expertise in implementing banking systems from customers of all sizes, from Internet-only banks to global markets.
With high-quality software of its own and experienced staff, Bankware Global enables banks to provide the market with their swift services.
Bankware Global has been operating a core banking system on the public cloud for the oldest bank in the Philippines. Bankware Global has provided a stable system while upgrading the service quality. Due to the interface between BADA and other local institutions, it’s easy to offer additional interfacing services, such as ATM and InstaPay. Customers can focus on their business because Bankware Global built and operate the system themselves.
Bankware global offers localized and proven tailored banking solutions. These solutions are built at scale. As-a-Service, and either in the Cloud or On-Premise.
BADA is a banking software as a service for the Philippines. BADA is cost-effective and offer you a business-centric, hassle-free IT operation.
BADA enables your Digital Transformation
BADA is the best solution for Banking Digital Transformation. Digital transformation involves the use of technology to radically improve performance or the reach of businesses.
There are three essential components of a digital transformation:
* the overhaul of processes
* the overhaul of operations, and
* the overhaul of relationships with customers.
BADA will transform you as Digital.
Easy Digital Transformation
Digital Transformation offers four benefits
It lowers costs.
It increases accuracy.
It improves speed.
It makes your business more efficient.
BADA have implemented technology that will enable completely new processes.
In BADA, your processes will be changed. There will be no more scrambling to make progress with the customers, and there will be no more wasted time creating a new financial product for new customers. You keep running at the speed of business, no matter what happens. That is, indeed, transformative.
Transforming the Customer Experience
Digital transformations with BADA have an huge effect upon how customers interact with your bank and how they feel about those interactions.
Security & Compliance
Information security awareness is a very important practice for all sizes of the banks. It will protect customer data by preventing threats and vulnerabilities. This is a simple message, but one that requires entrepreneurs’ commitment to recognizing safety as an indispensable factor in the invention of the future.
Cloud security is the protection of data stored online via cloud computing platforms from theft, leakage, and deletion. Methods of providing cloud security include firewalls, penetration testing, obfuscation, tokenization, virtual private networks (VPN), and avoiding public internet connections.
Data security means protecting digital data, such as those in a database, from destructive forces and from the unwanted actions of unauthorized users, such as a cyberattack or a data breach.
Endpoint security is the practice of securing endpoints or entry points of end-user devices such as desktops, laptops, and mobile devices from being exploited by malicious actors and campaigns. Endpoint security systems protect these endpoints on a network or in the cloud from cybersecurity threats.
Moving CapEx to the OpEx model can help your bank become more agile, allow you to save more money, and help IT and Finance get on the same page, which will ultimately benefit everyone.
Changing How You Pay
Cloud computing has changed how IT handles spending with the pay-as-you-go model. This seemingly small change has actually shifted IT spending from a capital expense to an operational expense, meaning the large upfront investment is removed and replaced by a predictable monthly fee. By shifting the cost to a third party, IT managers can start to focus on new technology and innovative solutions to help the business not only save money but allow it to grow. This can give the company the opportunity to gain a competitive advantage over their competitors or even enter new markets. In the long run, changing how a company pays for IT can drastically impact the entire company.
This was hinted at a little bit in the first benefit, but another benefit of moving IT from CapEx to OpEx is becoming more agile. The best example of this is being able to scale a bank’s infrastructure as needed. A bank who needs to do this just a few days a year would see the benefits of being able to scale up when needed and then back down for the rest of the year. They would only have to pay for what they use versus having to buy on-prem equipment for their maximum workload that is only used a few days and then would sit idle the rest of the year.
Getting on the Same Page as Finance
While the issue of CapEx and OpEx may seem to be something the accounting department would handle, by having IT managers and CIOs understand the benefits, they are able to be on the same page as the finance or accounting department. Understanding how technology investments are seen as operational expenses versus capital expenses and being able to articulate the differences to the CFO, can benefit both departments.
BADA's Business Centric Methodology refers to the techniques required to re-engineer corporate business processes in order to take advantage of new information technology. It involves internal business processes as well as processes required to collaborate and properly integrate suppliers and external partners. Digital Transformation with BADA will make you "Business Centric".