IBM Information FrameWork Operational Data Store (IFW ODS) - is a client
management solution that enables a real-time single view of the customer
throughout the enterprise. It ensures the integrity of operational
customer information and supports consistent access by all business
applications. IFW ODS provides improved efficiency to help banks reduce
operational costs and build a comprehensive customer profile thereby
reducing customer retention, acquisition and servicing costs.
Process Models – is a set of best banking practice that are aligned with
Basel II requirements. They are the result of over a decade of financial
services-specific intellectual property developed by IBM. IFW was
designed to help banks model and implement new sales processes, assist
with branch renewal initiatives, and align business processes and
organizational structure to strategy. They can also define project scope
early to avoid duplication of effort so processes are optimized and
appropriately reengineered. Banks can analyze application impacts and
gaps while providing a ready-made set of customer-focused business
time to market for new products, improves customer service and quickly
provides regulators with required enterprise process models.
Integration Models - provide an enterprise-wide view of the business
concepts common to all financial institutions. They have been developed
to jump-start the development process by delivering new channels and
services and specifying enterprise-wide message architecture. They
generate messages and component specifications for interactions between
new and existing systems to deliver a services-based architecture.