Corporate banks face multiple challenges. Economic conditions remain somewhat uncertain and regulators continue to pressure banks to solidify their balance sheets which ultimately increases the cost of compliance.

In some markets, the combined effect of reduced demand for commercial loans and low interest environments has seen interest-based revenues decline which puts corporate banks under tremendous strain. Margins are being eroded quickly across the world.

Finally, and possibly the biggest problem facing corporate banks is the declining loyalty of their customer base. Like retail customers, business customers will move to banks that understands their needs and requirements, providing value-for-money products and services.

It’s time for corporate banks to meet disruption through digital transformation. It’s time to evolve your business model to gain competitive advantage in the digital world. 

Globally, most corporate banks have been slow to change. This is mainly due to legacy. Banks have invested heavily in complex IT infrastructure and systems, and our experience suggests that banks continue to invest in incompatible systems and product silos.

This invariably results in inefficient business processes that consume resources and therefore poor performance. Often these investments are made to enhance growth and innovation, and yet neither is achieved to the levels that were anticipated or planned.

Corporate banks can use our technology to enhance their legacy systems into ‘low-code’ or ‘zero-code’ structures and platforms to deliver outstanding customer journeys and corporate banking capabilities. We can provide a solid foundation of functional capability and architecture and getting you ready to become a digital corporate bank.

Aion’s corporate banking platform is built on an advanced architecture addressing mobile banking and internet banking. The solution also provides trade finance, lending, payments, treasury, deposits and cash management requirements of corporate banks of any size.

We help and expedite corporate banks in the region to transform their businesses with technology that attracts new customers and new revenue streams. We empower these banks to become more agile and helping them in their pursuit of innovation and sustainable growth. Re-designing channel experiences is at the heart of this business transformation. 

Like retail banking customers, business customers are making the same demands for superior customer experiences. Corporate banks are being forced to adapt their channel strategy as their customers now expect corporate banking products and services anywhere and at any time, as well as open and convenient communication with their relationship managers 24/7.   

Aion’s corporate banking platform provides beautiful and seamless customer journeys. This transforms the bank’s ‘transactional’ relationship with corporate customers to one of being co-creators of future corporate banking solutions.

Aion ‘plug and play’ platform enables banks to implement technology-led transformation rapidly and with certainty. Our corporate banking platform has over 150 pre-installed capabilities, integrations and customer journeys that are configurable and extensible. This magic formula allows banks to deploy a highly personalized customer experiences across all channels.

The platform provides you with the freedom and flexibility to choose the products that match your bank’s business strategy and priorities. Our design, build, integrate, deploy and scale build methodology gets you to market faster and it also means our technology implementation costs are low, and most importantly within your budget. You can transform your bank all at once or you can transform in a more measured, progressive and phased manner.

Depending on the minimum viable product you would like to launch, your bank could be offering corporate banking services within three months.

Our corporate banking platform delivers value because we use our technology to solve real business problems. Outlined below are the bank-in-your-pocket features currently available on our corporate banking platform.