Banking Software Solutions
Build your bank’s resiliency.
Gain deeper insight, improve efficiency and enhance the employee experience. With Workday, you get a system to run better than ever.
Increased automated controls have resulted in P/L calculations being done every 24 hours from the previous monthly audit position.
57 disparate applications streamlined into Workday leading to centralised reporting of business drivers and KPI’s.
Deeper business insights on variable compensation cost impact analysis leading to improved OPEX forecasting.
Streamlines project request process using spend management.
Significant HR Team operational efficiency benefits realised (Reduction in HR staff time spent on HR issues from 90% to 10%).
SOLUTION USE CASES
A use for all aspects of your organisation.
Risk and financial controls
AUTOMATED AND SCALABLE FINANCE
Risk and financial controls.
Save time and money on audits and automate your controls. With Workday, you can:
- Take advantage of built-in controls
- Monitor controls for Sarbanes-Oxley
- Monitor operational risk
Want more information? Get in Touch
Featured capabilities.
One data source
Foundational data model.
Trust your data.
Instrument and finance data in one platform.
Gain a granular view.
Built-in audit support.
Track transactions with data lineage.
Data enrichment
Rules engine.
Allow business analysts to map rules.
Quick accounting implementation.
Free up time for IT.
Advanced pre-processing.
Vet every transaction.
Automated process control
Shared data.
Give treasury and risk identical information.
Cash position stress testing.
Identify liquidity risk.
Line of business profitability reporting.
Keep stakeholders informed.
Streamlined operational data integration
AUTOMATED AND SCALABLE FINANCE
Streamlined operational data integration.
Save time and money on audits and data collection. With Workday, you can:
- Get rid of silos and legacy systems
- Have the same account codes in your operational system
- Remove manual reconciliation processes
Want more information? Get in Touch
Featured capabilities.
One data source
Foundational data model.
Trust your data.
Instrument and finance data in one platform.
Gain a granular view.
Built-in audit support.
Track transactions with data lineage.
Data enrichment
Rules engine.
Allow business analysts to map rules.
Quick accounting implementation.
Free up time for IT.
Advanced pre-processing.
Vet every transaction.
Automated process control
Shared data.
Give treasury and risk identical information.
Cash position stress testing.
Identify liquidity risk.
Line of business profitability reporting.
Keep stakeholders informed.
Instrument subledgers
AUTOMATED AND SCALABLE FINANCE
Instrument subledgers.
Improve flexibility, increase instrument attributes captured and save on data collection costs. With Workday, you can:
- Bring your instrument subledgers together
- See all data elements for each instrument
- Get a clear audit trail
Want more information? Get in Touch
Featured capabilities.
One data source
Foundational data model.
Trust your data.
Instrument and finance data in one platform.
Gain a granular view.
Built-in audit support.
Track transactions with data lineage.
Data enrichment
Rules engine.
Allow business analysts to map rules.
Quick accounting implementation.
Free up time for IT.
Advanced pre-processing.
Vet every transaction.
Automated process control
Shared data.
Give treasury and risk identical information.
Drill back to transaction details.
Gain deeper insight.
Line of business profitability reporting.
Keep stakeholders informed.
Funds Transfer Pricing
AUTOMATED AND SCALABLE FINANCE
Funds transfer pricing.
Improve instrument-level reporting and simplify your processes. With Workday, you can:
- See how you allocate interest margin
- Get rid of your stand-alone FTP solution
- Connect FTP process to your general ledger
Want more information? Get in Touch
Featured capabilities.
One data source
Foundational data model.
Trust your data.
Instrument and finance data in one platform.
Gain a granular view.
Built-in audit support.
Track transactions with data lineage.
Data enrichment
Rules engine.
Allow business analysts to map rules.
Quick accounting implementation.
Free up time for IT.
Built-in FTP calculation.
Quickly analyse profitability.
Automated process control
Shared data.
Give treasury and risk identical information.
Drill back to transaction details.
Gain deeper insight.
Line of business profitability reporting.
Keep stakeholders informed.
Accounting Regulations (IFRS9)
AUTOMATED AND SCALABLE FINANCE
Accounting regulations (FRS9).
Save time on manual regulatory processes, reduce errors and comply with regulations faster. With Workday, you can:
- Allocate loan origination fees
- Allocate loan costs across the life of the loan
- Put audit trails in place for allocations
Want more information? Get in Touch
Featured capabilities.
One data source
Foundational data model.
Trust your data.
Instrument and finance data in one platform.
Gain a granular view.
Built-in audit support.
Track transactions with data lineage.
Data enrichment
Allocation rules engine.
Allow business analysts to map rules.
Granular allocation costs.
See loan origination fees and costs.
Built-in FTP calculation.
Quickly analyse profitability.
Automated process control
Shared data.
Use the identical data source for loan details and costs.
Drill back to transaction details.
Gain deeper insight.
Line of business profitability reporting.
Keep stakeholders informed.
Advanced allocations
AUTOMATED AND SCALABLE FINANCE
Advanced allocations.
Gain visibility into all components of allocations to make decisions faster. With Workday, you can:
- Assign costs to products and services
- Identify the cost drivers for each activity
- Calculate and maintain overhead rates
Want more information? Get in Touch
Featured capabilities.
One data source
Foundational data model.
Trust your data.
Instrument and finance data in one platform.
Gain a granular view.
Common data model.
Easily calculate advanced allocation methods.
Data enrichment
Allocation rules engine.
Allow business analysts to map rules.
Granular allocation costs.
See loan origination fees and costs.
Built-in FTP calculation.
Quickly analyse profitability.
Automated process control
Shared data.
Give finance teams identical information.
Drill back to transaction details.
Gain deeper insight.
Line of business profitability reporting.
Keep stakeholders informed.
Financial Reporting and Analytics
Instrument data models/Financial data warehouse
FINANCIAL REPORTING AND ANALYTICS
Instrument data models and financial data warehouse.
Make decisions faster and save on audit and data collection costs. With Workday, you can:
- Gain audit trails to your instrument-level details
- Report on instrument-level details
- Remove manual reconciliation processes
Want more information? Get in Touch
Featured capabilities.
One data source
Foundational data model.
Trust your data.
Instrument and finance data in one platform.
Gain a granular view.
Built-in audit support.
Track transactions with data lineage.
Data enrichment
Rules engine.
Allow business analysts to map rules.
Quick accounting implementation.
Free up time for IT.
Advanced pre-processing.
Vet every transaction.
Automated process control
Shared data.
Give finance teams identical information.
Drill back to transaction details.
Gain deeper insight.
Line of business profitability reporting.
Keep stakeholders informed.
Risk management
FINANCIAL REPORTING AND ANALYTICS
Risk management.
Increase automated controls and save on audits and data collection costs. With Workday, you can:
- Gain a complete audit trail of transactions
- Get built-in segregation of duties
- Centrally control security
Want more information? Get in Touch
Featured capabilities.
One data source
Foundational data model.
Trust your data.
Instrument and finance data in one platform.
Gain a granular view.
Built-in audit support.
Track transactions with data lineage.
Data enrichment
Rules engine.
Allow business analysts to map rules.
Quick accounting implementation.
Free up time for IT.
Advanced pre-processing.
Vet every transaction.
Automated process control
Shared data.
Give treasury and risk identical information.
Drill back to transaction details.
Gain deeper insight.
Line of business profitability reporting.
Keep stakeholders informed.
Statutory Reporting
FINANCIAL REPORTING AND ANALYTICS
Statutory reporting.
Save time on report creation, reduce the cost of data collection and make decisions faster. With Workday, you can:
- Bring your transactions out of silos
- Unify account codes in your operational system
- Stop hard coding integration points
Want more information? Get in Touch
Featured capabilities.
One data source
Foundational data model.
Trust your data.
Instrument and finance data in one platform.
Gain a granular view.
Built-in audit support.
Track transactions with data lineage.
Data enrichment
Rules engine.
Allow business analysts to map rules.
Quick accounting implementation.
Free up time for IT.
Advanced pre-processing.
Vet every transaction.
Automated process control
Shared data.
Give treasury and risk identical information.
Drill back to transaction details.
Gain deeper insight.
Line of business profitability reporting.
Keep stakeholders informed.
ESG reporting
FINANCIAL REPORTING AND ANALYTICS
ESG reporting.
Streamline your path to net-zero emissions, centralise data for new disclosure requirements and meet science-based targets. With Workday, you can:
- Get ready to meet new disclosure requirements
- Understand supplier sustainability
- See the largest sources of scope 3 emissions
Want more information? Get in Touch
Featured capabilities.
Social reporting for ESG
Progress tracking.
Measure progress and identify areas for improvement.
Consolidated information.
Understand workforce composition and more.
Syncs with other features.
Use with analytics, VIBE Index™ and learning.
Supplier risk and sustainability
Supplier ESG data collection.
See supplier risk and uncover ways to improve.
Scope 3 emissions reporting.
Report on emissions from supplier spend.
Emissions modelling and planning
Impact modelling.
See the impact of your reduction efforts.
Emissions data.
Understand where your material emissions come from.
Regulatory Reporting (SMCR)
FINANCIAL REPORTING AND ANALYTICS
Regulatory Reporting (SMCR).
Reduce the cost of data collection and report faster. With Workday, you can:
- Quickly source data for regulatory reports
- Automate your audit trail
- Remove manual reconciliation processes
Want more information? Get in Touch
Featured capabilities.
One data source
Foundational data model.
Trust your data.
Instrument and finance data in one platform.
Gain a granular view.
Built-in audit support.
Track transactions with data lineage.
Data enrichment
Rules engine.
Allow business analysts to map rules.
Quick accounting implementation.
Free up time for IT.
Advanced pre-processing.
Vet every transaction.
Automated process control
Shared data.
Give treasury and risk identical information.
Drill back to transaction details.
Gain deeper insight.
Line of business profitability reporting.
Keep stakeholders informed.
Management reporting/KPIs
FINANCIAL REPORTING AND ANALYTICS
Management reporting/KPIs.
Save time on report preparation, improve data quality and make decisions faster. With Workday, you can:
- Ensure accurate reports
- Deliver various versions of data to leadership
- Tailor reporting to individual roles
Want more information? Get in Touch
Featured capabilities.
Robust reporting
Object data model.
Build reports with unlimited dimensionality.
Unified data.
Bring financial, workforce and operational data together.
Security permissions.
Distribute reports based on roles.
Insights to drive business
Reporting alerts.
Prompt leaders to take action.
Metrics and scorecards.
Track business performance.
Dimensional analysis.
Analyse your business across every dimension.
Analytics and dashboards
Workday Prism Analytics.
Blend Workday and external data for reporting.
Persona-driven dashboards.
Gain insight into day-to-day operations.
Continuous and company-wide planning
Balance sheet and margin planning
CONTINUOUS AND COMPANY-WIDE PLANNING
Balance sheet and margin planning.
Save time on data collection and update planning models faster. With Workday, you can:
- Easily source economic factors
- Access product-level details
- Update your margin planning
Want more information? Get in Touch
Featured capabilities.
One data source
Foundational data model.
Trust your data.
Instrument and finance data in one platform.
Gain a granular view.
Built-in audit support.
Track transactions with data lineage.
Data enrichment
Rules engine.
Allow business analysts to map rules.
Quick accounting implementation.
Free up time for IT.
Advanced pre-processing.
Vet every transaction.
Automated process control
Shared data.
Give treasury and risk identical information.
Drill back to transaction details.
Gain deeper insight.
Line of business profitability reporting.
Keep stakeholders informed.
Banking branch planning and performance
CONTINUOUS AND COMPANY-WIDE PLANNING
Banking branch planning and performance.
Save time on planning and data collection. With Workday, you can:
- Monitor branch performance
- Allocate costs to individual branches
- Model branch expansion and closing impacts
Want more information? Get in Touch
Featured capabilities.
One data source
Foundational data model.
Trust your data.
Instrument and finance data in one platform.
Gain a granular view.
Intelligent data core.
Integrated with finance and HCM.
Data enrichment
Rules engine.
Allow business analysts to map rules.
Driver-based analysis.
Understand business performance.
In-memory calculation.
Process data faster.
Automated process control
Single security.
Keep your information secure.
Drill back to transaction details.
Gain deeper insight.
Line of business profitability reporting.
Keep stakeholders informed.
Non-interest expense and efficiency ratio planning
CONTINUOUS AND COMPANY-WIDE PLANNING
Non-interest expense and efficiency ratio planning.
Improve expense ratios, reduce planning cycle times and make decisions faster. With Workday, you can:
- Plan for non-interest expenses
- Frequently update forecasts
- Reconcile plans versus actuals
Want more information? Get in Touch
Featured capabilities.
One data source
Foundational data model.
Trust your data.
Instrument and finance data in one platform.
Gain a granular view.
Intelligent data core.
Integrated with finance and HCM.
Data enrichment
Rules engine.
Allow business analysts to map rules.
Driver-based analysis.
Understand business performance.
In-memory calculation.
Process data faster.
Automated process control
Single security.
Keep your information secure.
Drill back to transaction details.
Gain deeper insight.
Line of business profitability reporting.
Keep stakeholders informed.
Financial products forecasting
CONTINUOUS AND COMPANY-WIDE PLANNING
Financial products forecasting.
Save time on audits and data collection. With Workday, you can:
- Plan and forecast at the product level
- Gain full visibility into all product lines
- Enable scenario planning
Want more information? Get in Touch
Featured capabilities.
One data source
Foundational data model.
Trust your data.
Instrument and finance data in one platform.
Gain a granular view.
Intelligent data core.
Integrated with finance and HCM.
Data enrichment
Rules engine.
Allow business analysts to map rules.
Driver-based analysis.
Understand business performance.
In-memory calculation.
Process data faster.
Automated process control
Single security.
Keep your information secure.
Drill back to transaction details.
Gain deeper insight.
Line of business profitability reporting.
Keep stakeholders informed.
Workforce Planning
CONTINUOUS AND COMPANY-WIDE PLANNING
Workforce planning.
Hire faster, save time on audits and reduce data collection efforts. With Workday, you can:
- Plan for your workforce needs
- Identify the best candidates
- Monitor workforce costs
Want more information? Get in Touch
Featured capabilities.
Workforce modelling
Driver-based assumptions.
Model hiring, transfers and retention plans.
Cost-impact modelling.
See workforce costs right away.
Global drivers.
See how global attributes impact plans.
Aligned plans
Strategic planning.
Identify how to attract top talent.
Skills modelling.
Close the skills gap across functions.
Seamless execution.
Turn plans into action.
Staffing insights
Intuitive dashboards.
Monitor costs and open positions.
Workforce analytics.
See what’s working and pivot as needed.
Loan portfolio planning
CONTINUOUS AND COMPANY-WIDE PLANNING
Loan portfolio planning.
Save time on revenue modelling and data collection. With Workday, you can:
- Unify account codes in your operational system
- Bring your transactions out of silos
- Remove manual reconciliation processes
Want more information? Get in Touch
Featured capabilities.
One data source
Foundational data model.
Trust your data.
Instrument and finance data in one platform.
Gain a granular view.
Intelligent data core.
Integrated with finance and HCM.
Data enrichment
Data mapping.
Empower business analysis to maintain rules.
Quick accounting policy implementation
Reduce reliance on IT.
Advanced pre-processing.
Enhance data enrichment.
Automated process control
Single security.
Keep your information secure.
Drill back to transaction details.
Gain deeper insight.
Line of business profitability reporting.
Keep stakeholders informed.
Spend Management
Strategic Sourcing
SPEND MANAGEMENT
Strategic sourcing.
Save time on sourcing, complete contracts faster and improve your relationship with suppliers. With Workday, you can:
- Automate contracting process
- Monitor supplier performance
- Quickly onboard new suppliers
Want more information? Get in Touch
Featured capabilities.
Sourcing
Intake and pipeline management.
Streamline the sourcing process.
RFx.
Speed up the RFx process.
Value analysis.
Negotiate better deals.
Contract management
Renewal alerts.
Stay on top of contracts.
Streamlined authoring.
Quickly create and revise contracts.
Supplier Management
Onboarding.
Bring suppliers in faster.
Supplier 360.
Manage your supplier relationships.
Performance insight.
See your top suppliers.
Supplier Management
SPEND MANAGEMENT
Supplier management.
Save time, improve supplier management and close contracts faster. With Workday, you can:
- Gain visibility into all suppliers
- See supplier transaction history
- Monitor supplier performance
Want more information? Get in Touch
Featured capabilities.
Sourcing
Intake and pipeline management.
Streamline the sourcing process.
RFx.
Speed up the RFx process.
Value analysis.
Negotiate better deals.
Contract management
Renewal alerts.
Stay on top of contracts.
Streamlined authoring.
Quickly create and revise contracts.
Supplier Management
Onboarding.
Bring suppliers in faster.
Supplier 360.
Manage your supplier relationships.
Performance insight.
See your top suppliers.
Contract Management
SPEND MANAGEMENT
Contract management.
Streamline the contract process and strengthen reporting. With Workday, you can:
- Automatically update contract changes
- Gain full visibility into contracts
- Quickly approve contract changes
Want more information? Get in Touch
Featured capabilities.
Contract management
Contract templates.
Create, approve and track customer contracts.
Invoice automation.
Automate based on billing terms and schedules.
Robust repository.
Support various contract types.
Single system
Aligned with billing.
Gain greater accuracy.
Business process framework.
Leverage built-in governance.
CRM integration.
Manage the full quote-to-cash process.
Analytics
Aggregated data.
See all your contract data in one place.
Built-in controls.
Ensure governance and control data access.
Insight into third-party data.
Determine customer risk with full insight.
Cost Containment
SPEND MANAGEMENT
Cost containment.
Reduce the procure-to-pay cycle time and save on data collection cost. With Workday, you can:
- Leverage three-way matching
- Automate controls and approval rules
- Monitor and analyse spend
Want more information? Get in Touch
Featured capabilities.
Purchasing
One system.
Manage information, processes and policies for purchasing goods and services.
Supplier invoicing
Machine learning.
Intelligently capture processes and invoices to save time.
Spend controls
Consistent controls.
Ensure transactions adhere to your rules.
Role-based permissions.
Choose who sees what.
Transaction details.
Understand where your money goes.
Predictable spend
SPEND MANAGEMENT
Predictable spend.
Reduce the procure-to-pay cycle time and save on data collection costs. With Workday, you can:
- Leverage three-way matching
- Automate controls and approval rules
- Monitor and analyse spend
Want more information? Get in Touch
Featured capabilities.
Purchasing
One system.
Manage information, processes and policies for purchasing goods and services.
Supplier invoicing
Machine learning.
Intelligently capture processes and invoices to save time.
Spend controls
Consistent controls.
Ensure transactions adhere to your rules.
Role-based permissions.
Choose who sees what.
Transaction details.
Understand where your money goes.
High-performing procurement
SPEND MANAGEMENT
High performing procurement.
Reduce the procure-to-pay cycle time and save on data collection cost. With Workday, you can:
- Leverage three-way matching
- Automate controls and approval rules
- Monitor and analyse spend
Want more information? Get in Touch
Featured capabilities.
Purchasing
One system.
Manage information, processes and policies for purchasing goods and services.
Supplier invoicing
Machine learning.
Intelligently capture processes and invoices to save time.
Spend controls
Consistent controls.
Ensure transactions adhere to your rules.
Role-based permissions.
Choose who sees what.
Transaction details.
Understand where your money goes.
Talent Management
Recruit and Onboard
TALENT MANAGEMENT
Recruit and onboard.
Streamline the recruitment process to hire faster and improve engagement. With Workday, you can:
- Attract the right workers for every job
- Better plan for attrition
- Assess retention risk
Want more information? Get in Touch
Featured capabilities.
Built-in automation
Dynamic candidate workflow.
Speed up the recruiting process.
Contract builder.
Send offers faster.
Automated onboarding.
Provide a seamless experience.
End-to-end talent acquisition
Internal and external sourcing.
Widen your talent pool.
Interview and candidate management.
Hire as a team.
Connection to compensation.
Send competitive offers.
Consumer-grade experience
Mobile-driven.
Allow candidates to search and apply for jobs from anywhere.
Configurable job applications.
Tailor the application to your needs.
Social media connectors.
Reach everyone’s network.
Employee Engagement
TALENT MANAGEMENT
Employee engagement.
Build a diverse workforce, reduce turnover and improve engagement. With Workday, you can:
- Know how your employees feel
- Break down employee sentiment by region
- Cultivate a sense of belonging
Want more information? Get in Touch
Featured capabilities.
Active listening technology
Personalised surveys.
Track engagement, D&I, health and well-being.
Intelligent question targeting.
Ask the right questions.
Survey automation.
Ensure consistent feedback.
End-to-end talent acquisition
Employee sentiment insight.
See data in real time.
Machine learning and semantic search.
Help applicants find the right job.
Impact correlations and benchmarking.
See how you measure up.
Consumer-grade experience
Contextual learning and prescriptive actions.
Help your people grow.
Dashboards for everyone.
Enable two-way collaboration.
Confidential conversations.
Get honest feedback.
Modernise for efficient HR service delivery
TALENT MANAGEMENT
Modernise for efficient HR service delivery.
Reduce HR case volume, improve efficiency and decrease the total cost of ownership. With Workday, you can:
- Quickly roll out HR programmes to a distributed workforce
- Offer employees self-service
- Better engage with employees
Want more information? Get in Touch
Featured capabilities.
Digital self-service
Data integrity and synchronisation.
Offer up-to-date information.
Faster search results.
Provide help at the moment of need.
Personalised content.
Meet people where they are.
People-centred design
Survey and feedback loop.
Keep communication open.
Tailored experiences.
Be there for moments that matter.
Push notifications.
Keep people connected.
Built-in automation
Dynamic candidate workflow.
Speed up the recruiting process.
Contract builder.
Send offers faster.
Automated onboarding.
Provide a seamless experience.
Employee experience and well-being
TALENT MANAGEMENT
Employee experience and well-being.
Provide greater self-sufficiency and improve connection. With Workday, you can:
- Better engage with employees
- Make things easier for an overstretched workforce
- Offer self-service
Want more information? Get in Touch
Featured capabilities.
Self-service functionality
Built-in workflows.
Make processes easier.
Time-tracking, expenses, tax forms and more.
Take care of everyday tasks.
Comprehensive guidance.
Offer support when needed.
People-centred design
Survey and feedback loop.
Keep communication open.
Tailored experiences.
Be there for moments that matter.
Push notifications.
Keep people connected.
Consumer-grade experience
Native mobile.
Take care of business from anywhere.
Chatbot and search.
Provide help at the moment of need.
Natural workspaces.
Meet your people where they work.
Belonging and Diversity
TALENT MANAGEMENT
Belonging and diversity.
Increase D&I insight, build a culture of belonging and foster a more diverse workforce. With Workday, you can:
- Understand the makeup of your workforce
- Bring in and retain diverse talent
- Use data to make an impact
Want more information? Get in Touch
Featured capabilities.
Insight to drive change
Holistic workforce data.
Gain real-time insight.
Reporting and analytics.
See outcome-based belonging and diversity metrics.
Strategic action
Progress monitoring.
Track your D&I initiatives.
Skills-based hiring.
Ensure equitable access to opportunity.
VIBE Index™.
Ensure inclusion and equal pay.
Meaningful experience
Employee sentiment survey.
Measure how your employees feel.
Personalised experiences.
Foster inclusion and belonging.
Skills development and training
TALENT MANAGEMENT
Skills development and training.
Minimise turnover, better allocate resources and personalise learning experiences. With Workday, you can:
- Place the right people in the right roles
- Develop your talent
- Stay on top of required training
Want more information? Get in Touch
Featured capabilities.
Career development
Opportunity graph.
Offer up clear career pathways.
Job recommendations.
Suggest gigs based on skills and interests.
Democratised opportunity.
Give everyone the chance to grow.
Skills analysis
Skills ontology.
Understand the skills you have.
Reports and dashboards.
See skills analytics.
Skills tracking.
Measure skills against business needs.
Learning and training
Machine-learning recommendation.
Intelligently suggest learning.
Certification and licence tracking.
Keep track of training.
Alerts and notifications.
Send automatic learning reminders.
A guide to business continuity with KPMG.
What does it take to sustain your bank in the face of change? Get best practices and strategies for building resilience from finance leaders at KPMG and Workday.
CUSTOMER SUCCESS
More banks and capital market firms are live on Workday than any other cloud-based solution.
See how we put our customers at the centre.