Duplicated work and data
The same information is captured repeatedly across teams and systems.
FINTECH ROADMAP · STEP 02 SOLUTION
SIOP
The Foundation of Enterprise.
Core Banking System (CBS) and Business Process Management (BPM) implementation aimed at modernizing core banking.
Discuss SIOP
What it is
SIOP is a Core Banking System (CBS) and Business Process Management (BPM) implementation project aimed at modernizing core banking.
Who it’s for
Financial institutions whose core processes are still manual, disconnected or hard to govern.
The problems it addresses
Where the friction actually sits
Slow service
Applications and requests wait on handoffs nobody can see or measure.
Weak workflow visibility
Management cannot tell where work sits, how long it takes or where it fails.
Audit and reporting friction
Regulatory and management reporting is assembled by hand after the fact.
HOW IT HELPS
What SIOP changes in practice
Processes mapped and improved
Current operations documented, simplified and made measurable before any configuration.
BPM and CBS configured together
Governed workflows and the core banking record set up as two layers of one system.
One connected record
Accounts, lending, ledger and branch operations working from consistent data.
Supported implementation
Migration, testing, staff enablement and post-go-live support included.
Capabilities
Business Process Management (BPM)
Each domain is mapped, improved and digitized as a governed workflow.
Customer & Member Management
Member and client records, onboarding and servicing standardized.
Deposit & Account Management
Account opening, maintenance and closure as one governed flow.
Loan Management
Application, assessment, approval and disbursement steps tracked.
Transaction Processing
Processing, exceptions and corrections handled to a defined path.
General Ledger & Accounting
Postings, reconciliations and period close given clear ownership.
Interest, Fees & Charges
Interest, fee and charge handling applied consistently.
Payments & Funds Transfer
Transfer and payment requests routed with approval controls.
Branch & Teller Operations
Counter, cash and branch procedures documented and measured.
Security, Controls & Audit
Approvals, segregation of duties and audit trails built in.
Reporting & Regulatory Compliance
Regulatory and management reporting captured as work happens.
Capabilities
Core Banking System (CBS)
The same domains configured in one connected core banking record.
Customer & Member Management
One customer record shared across departments and channels.
Deposit & Account Management
Deposit and account data held in a single core banking ledger.
Loan Management
Loan portfolios, schedules and balances maintained centrally.
Transaction Processing
Transactions posted once and visible everywhere they matter.
General Ledger & Accounting
Chart of accounts, journals and financial statements configured.
Interest, Fees & Charges
Interest, fee and charge rules configured rather than calculated by hand.
Payments & Funds Transfer
Payment and transfer processing integrated with the ledger.
Branch & Teller Operations
Branch and teller operations connected to head-office records.
Security, Controls & Audit
Roles, permissions and system audit logging configured.
Reporting & Regulatory Compliance
Reporting configured against regulatory and board requirements.
WHAT THE ENGAGEMENT COVERS
- Process mapping and improvement of current operations
- BPM and core banking system configuration against those processes
- Data migration, testing and staff enablement
- Operational reporting and post-go-live support
Built for financial institutions with manual or disconnected core processes.
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