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Results
50%
reduction in account opening time
45%
increase in cross-sell conversions
30%
reduction in loan processing time
25%
reduction in customer attrition
Better Banking Begins with Connected Experiences
Across lending, compliance, risk, and relationship management, banks depend on having the right information when it matters most. FormativGroup helps turn that information into action, enabling more consistent experiences.
Client-Centric Experiences
Support more personalized client experiences by connecting the information behind client onboarding, lending, servicing, and relationship management, helping teams deliver more informed guidance.
Informed Decision-Making
Drive proactive decision-making by providing the context needed to identify emerging opportunities, evaluate potential risks, and respond to changing business conditions.
Improved Risk & Compliance Readiness
Strengthen risk and compliance readiness by creating the traceability needed to understand how decisions are made, prepare for audits, demonstrate compliance, and adapt to regulatory changes.
Reduced Manual Effort
Reduce manual effort by eliminating the need for employees to coordinate information across disconnected processes, allowing teams to focus on higher-value activities across lines of business.
Connecting the Data, Workflows, & Applications Behind Banking
Data Governance
Establish trusted ownership and verifiable controls around banking information, ensuring it remains accurate, reliable, traceable, and usable across the business.
Data Lineage & Dependencies
Create visibility into how customer, financial, and operational information originates and moves across systems, helping identify dependencies and reduce the impact of change.
Data Readiness
Ensure clean, accurate, and valuable data supports regulatory reporting, risk management, and future modernization initiatives.
Outcome-Driven Workflow Design
Design workflows around business outcomes tied to customer service, lending, compliance, and more, rather than the limitations of individual applications.
Flexible by Design
Create dynamic workflows that evolve with changing regulatory requirements, business priorities, and customer expectations without redesigning how work gets done.
Information-Driven Action
Retrieve, coordinate, and act on information across banking systems, allowing work to move forward based on business needs, not predefined application paths.
Application Strategy
Determine where standardization, configuration, integration, and customization create the most value, supporting customer experiences, regulatory needs, and long-term goals.
Connected Application Environments
Assess how core banking systems interact with one another, the workflows surrounding them, and the data underneath it all to identify dependencies and reduce friction.
Purpose-Built Technology Ecosystems
Align data, workflows, and applications around business outcomes so technology investments support better decisions, stronger client experiences, and operational resilience.
Core System Integration Expertise
Insights & Resources
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FAQs
How can banks improve data quality?
Banks can improve data quality by understanding that it’s often a symptom of larger challenges like disconnected systems, inconsistent processes, unclear ownership, varying definitions, and more. Addressing the environment itself helps create information that is reliable and trusted.
How are banks preparing for AI?
Banks are preparing for AI by focusing on the information behind it. While AI can take many forms, from automation to agentic, the one constant is the data that powers it. Without quality data as the foundation, even the simplest AI initiatives will fall short of delivering value.
How can banks streamline operations?
Banks can streamline their operations in several ways, but examining the workflows behind their processes is an effective starting point. Every process is made up of interconnected activities performed by people, systems, or both. Improving how they connect often reduces bottlenecks.
How can banks modernize legacy systems?
Banks can modernize legacy systems by evaluating the technology, information, and processes that have the greatest impact on employees and clients. Practical modernization prioritizes meaningful improvements while continuing to leverage the systems that already provide value.
How can banks improve compliance readiness?
Banks can improve compliance readiness by establishing clear ownership and accountability for the information they rely on. When information is easier to understand and explain, teams can readily adapt to changing requirements and reduce uncertainty during audits.
