Contextual Banking Experience (CBX)

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.

Overview

All firms, from SME to multinationals in every industry, want to buy and sell, safely, have the funds to buy and invest the proceeds of sale wisely. Banks want to be fully digital, drive higher self-service adoption, remain the principal banker of their customers, and upsell and cross-sell their offerings.

Wouldn’t it be great if your banking experience shows actual understanding, even anticipation, of what the business is trying to achieve? Contextual banking fulfills both these needs.

Contextual Banking Experience (CBX) from iGTB is a white label digital transaction banking platform to manage firms’ cash and trade that leverages Machine Learning and predictive analytics, delivered through APIs and an omnichannel UX. CBX provides the 400 user journeys that span the full complexity of corporate banking as microservices and UI components. This enables banks to accelerate customer self-service and both upsell and cross sell their services by providing clients with context-aware recommendations on the best-next action or best-next offer needed to meet their immediate objectives.

Key Features

Contextual Cash Management

Can a bank provide the right insights necessary to enhance their clients’ cash conversion cycles? Can you enable them to proactively sustain the financial health of their enterprise with accurate forecasts of immediate shortfalls and currency status?

Contextual Payments

How do you enable your client to optimize every transaction for speed, value,and cost? How can a bank accelerate their customers’ business outcomes and objectives beyond simply enabling a transaction?

Contextual Account Services

How can your bank provide clients with global, real-time visibility of their accounts and transactions? How do you support their banking transactions with intuitive visualizations and in-depth data analysis? How can you empower them with a unified control over their funds, regardless of bank, currency, country and corporate entity?

Contextual Liquidity Management

How do you better help them gain a clear and immediate understanding of their global liquidity position and guide them to the optimum structures? How can you help your customers optimize their cash in a world of low or negative interest?

Contextual Collections And Receivables

Can a bank help clients get paid faster, better manage past-due accounts and reduce days-sales-outstanding ratios? How can they streamline their national and regional collection mechanisms to accelerate their cash flows?

Contextual Trade Finance

Digitize Trade Finance and help clients confidently expand to new territories and grow their business using immediately understandable graphics, data summaries and actionable recommendations that put their business objectives at the forefront.

Contextual Supply Chain Finance

Enhance visibility across the supply chain and let your customers put more focus on their core businesses by optimizing their daily sales Procure to Pay (P2P) and Order to Cash(O2C) cycles. Dramatically simplify the way buyers and sellers transact with each other and manage their payables and receivables by setting up frictionless and intelligent supply chain programs.

Contextual Transaction Banking

Transform your bank into the disruptive force in the digital financial industry with our fully integrated transaction banking platform, enabling you to build solution ecosystems that deliver seamless digital experiences across the corporate financial supply chain.

Contextual Virtual Accounts

Remove operational delays & overheads associated with account opening for both the bank & the corporate, whilst providing a solution that can enhance reconciliations and perfectly match the corporate’s business structure.

Contextual Cashflow Forecasting

Help your corporate customers optimise their liquidity with CashFlow Forecasting from CBX. CBX makes forecasting simple, leveraging known balance information, future transactions, and items CBX has ‘learned’ through the analysis of transaction history to build a visualised forecast presented using simple transaction categories.