{"id":12136,"date":"2024-05-02T13:02:38","date_gmt":"2024-05-02T11:02:38","guid":{"rendered":"https:\/\/www.contovista.com\/news_latest-news\/data-driven-banking-and-analytical-framework\/"},"modified":"2025-02-17T12:50:07","modified_gmt":"2025-02-17T11:50:07","slug":"data-driven-banking-and-analytical-framework","status":"publish","type":"post","link":"https:\/\/www.contovista.com\/en\/news\/latest-news\/data-driven-banking-und-analytical-framework\/","title":{"rendered":"Data-driven Banking and Analytical Framework"},"content":{"rendered":"<section height=\"710\" class=\"hero hero--diagonal hero--blue logo-color logo-color-white no-lazy\">\n  <div class=\"container container--standard\">\n    <div class=\"hero__wrapper flex row jscb\">\n\n            <div class=\"hero__info  hero__info--small hero__info--for-standard-image\">\n\n        <!-- Article data  -->\n        \n                    <a \n            href=\"https:\/\/www.contovista.com\/en\/news\/latest-news\/\" \n            class=\"hero__go-back-link\">\n            back to the overview          <\/a>\n          <div class=\"article__data article__data--postpage flex row aic\">\n            <span>02.05.2024<\/span>\n\n                        <span>6 min read<\/span> \n          <\/div>\n                <!-- Article data  -->\n\n        <!-- Titles  -->\n                              <h1 class=\"white\">Perfect Match<\/h1>\n                   \n\n                <!-- Titles  -->\n\n        <!-- Description  -->\n                  <p class=\"white hero__info-description-desktop\">Data-Driven Banking and the Analytical Framework of Finnova.<\/p>\n                          <p class=\"white hero__info-description-mobile\">Data-Driven Banking and the Analytical Framework of Finnova.<\/p>\n                <!-- Description  -->\n\n        <!-- Button  -->\n         \n        <!-- Button  -->\n\n        <!-- Clients slider  -->\n                <!-- Clients slider  -->\n\n\n      <\/div>\n\n      <!-- Image \/ Lottie  -->\n              <div class=\"hero__image hero__image--standard\"> \n          <img decoding=\"async\" \n            class=\"no-lazy\"\n            src=\"https:\/\/www.contovista.com\/wp-content\/uploads\/2024\/05\/20240905-Contovista-Newsletter-May_10.jpg\" \n            alt=\"Data-driven Banking und ANalytcial Gfraneworf\"\n            caption=\"\"\n            description=\"\"\n            fetchpriority=\"high\">\n        <\/div> \n            <!-- Image \/ Lottie  -->\n\n    <\/div>\n  <\/div>\n<\/section> \n\n\n \n\n\r\n\r\n<div class=\"breadcrumbs\">\r\n  <div class=\"container\">\r\n    <div class=\"breadcrumbs__wrapper flex row aic\">\r\n      <nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><span class=\"last\">Home<\/span><\/p><\/nav>    <\/div> \r\n  <\/div>\r\n<\/div>\r\n\r\n\n\n\r\n<section class=\"title-copy section logo-color logo-color-dark\"  >\r\n  <div class=\"container\">\r\n    <div class=\"title-copy__wrapper\">\r\n          <h2>The Perfect Match: Data-Driven Banking and the Analytical Framework of Finnova<\/h2>\r\n          <div class=\"textbox\">\r\n        <p>Data is the new currency \u2013 this is also true for the trend-setting technologies and solutions we are developing at Contovista for the financial industry. Approaches such as <strong>artificial intelligence (AI) and machine learning (ML)<\/strong> create new possibilities for analysing data, for example through <strong>predictive and prescriptive analytics<\/strong>. Dynamic, data-driven market developments and applications around <strong>generative AI (GenAI)<\/strong> are changing the game, and Contovista is continuously working on integrating these innovations into the services we offer our customers.<\/p>\n<p>Over the past few months, a lot has been going on behind the scenes, and we would like to share some updates. The product team for the Finnova Analytical Framework has been completely integrated into the Contovista teams. The teams continue to grow together \u2013 and so do the products: The data-driven <strong>Analytical Framework<\/strong> by Finnova perfectly matches Contovista\u2019s <strong>data-driven banking strategy<\/strong>. In the future, the Analytical Framework will be focused even more on the topics of fraud and compliance.<\/p>      <\/div>\r\n    <\/div>\r\n  <\/div>\r\n<\/section>\n\n\r\n<section class=\"quote section logo-color logo-color-dark\"  >\r\n  <div class=\"container\">\r\n    <div class=\"quote__wrapper\">\r\n      <p class=\"dark-sky-80\">\u00abAt a time when open and interconnected banking increasingly gains importance, Contovista is spearheading the movement towards a data-driven financial industry.\u00bb<\/p>\r\n      <p class=\"fw700\">Ren\u00e9 Kohler, Head of Contovista<\/p>\r\n    <\/div>\r\n  <\/div>\r\n<\/section>\r\n\r\n\n\n\r\n<section class=\"title-copy section logo-color logo-color-dark\"  >\r\n  <div class=\"container\">\r\n    <div class=\"title-copy__wrapper\">\r\n          <h2>Data as the Key to the Future of Banking<\/h2>\r\n          <div class=\"textbox\">\r\n        <p>Data-driven financial services are revolutionising banking in at least two important dimensions: they allow a much<strong> more precise insight<\/strong> into bank customers\u2019 needs, and they enable an <strong>increasing interconnection<\/strong> of institutions, users, and third-party providers within the Open Finance ecosystem. From the perspective of <strong>end customers<\/strong>, it is key that they benefit from multibanking with innovative, <strong>personalised value-added services<\/strong> \u2013 thanks to our accurate transaction data analysis enriched with metadata.<\/p>\n<p>Furthermore, customers enjoy an excellent user experience thanks to Contovista\u2019s UX expertise and the seamless integration into digital banking. The bank benefits as well, since data-driven banking improves customer relationships, satisfaction, and engagement. At Contovista, we not only ensure technological abilities and easy-to-implement solutions for the financial ecosystem of the future; in line with our data-driven banking strategy, we also actively participate in the Open Banking community and seek out discussions in shared projects and current events.<\/p>\n<p>Most of all, we also combine our<strong> expertise in aggregating, structuring, and enriching data<\/strong> with a deep understanding of the financial industry and <strong>comprehensive compliance know-how<\/strong>. This is of critical importance, since the customers\u2019 trust is an essential element for the successful growth of the Open Finance ecosystem.<\/p>\n<p>Gaining this trust requires the highest standards regarding compliance topics, such as fraud and anti-money laundering, as well as fundamentally responsible handling of the users\u2019 data (data security, revision safety, traceability of results). We now also demonstrate our competencies in this area with the use of the Analytical Framework, which particularly targets fraud and compliance.<\/p>      <\/div>\r\n    <\/div>\r\n  <\/div>\r\n<\/section>\n\n\r\n<section class=\"title-copy section logo-color logo-color-dark\"  >\r\n  <div class=\"container\">\r\n    <div class=\"title-copy__wrapper\">\r\n          <h2>The Analytical Framework: New Horizons for Analytics and Compliance<\/h2>\r\n          <div class=\"textbox\">\r\n        <p>The <strong>Analytical Framework<\/strong> is a versatile, holistic analytical instrument, which enables <strong>a 360-degree view on customers<\/strong> from a risk perspective.It facilitates insights to customer behaviour and needs, while it also helps to optimise compliance with regulations and improves hazard protection.<\/p>\n<p>The Analytical Framework contains <strong>advanced abilities in predictive and prescriptive analytics<\/strong>, which is why it significantly exceeds static models. The Analytical Framework is able to recognise patterns, provide forecasts, and derive recommendations. Automated, self-generated business rules ensure the constant calibration of the model and thus consistently achieve high-quality results. Due to its modular structure, it is possible to define very comprehensive analyses. In combination with (real-time) data sources, the Analytical Framework forms the foundation for knowledgeable and precise decision-making.<\/p>\n<p>In concrete terms, we are introducing<strong> real-time compliance filter<\/strong> checks for payments<strong> in the Analytical Framework<\/strong>. This, together with reviewing customer master data, substantially improves performance and precision. The result is enhanced compliance, while simultaneously reducing false positives, and ultimately: more effectiveness with increased efficiency.<\/p>      <\/div>\r\n    <\/div>\r\n  <\/div>\r\n<\/section>\n\n\r\n<div class=\"container section\">\r\n  <a \r\n    href=\"https:\/\/www.contovista.com\/en\/contact\/\" \r\n    data-modal=\"modal-\"\r\n    target=\"_self\"\r\n    id=\"\"\r\n    class=\"btn btn--gradient btn--centered\">\r\n    Contact our experts \r\n\r\n          <span class=\"btn--gradient--span1\"><\/span>\r\n      <span class=\"btn--gradient--span2\"><\/span>\r\n         \r\n  <\/a>\r\n<\/div>\r\n\r\n  \r\n\r\n  \n\n \r\n<section class=\"section articles logo-color logo-color-dark\"  > \r\n  <div class=\"container\">\r\n      <h2>  \r\n      You may also be interested in this:    <\/h2>\r\n  \r\n        \r\n   \r\n\r\n\r\n    <div \r\n      class=\"articles__wrapper articles__wrapper--load-more flex row fww\" \r\n      data-taxonomy=\"1\">\r\n\r\n      \r\n              \r\n  \r\n                    \r\n          \r\n          <div \r\n            class=\"article article--normal column aic\" \r\n            data-post-id=\"15404\"> \r\n            <div  \r\n              class=\"article__image\" \r\n              style=\"background-image:url(https:\/\/www.contovista.com\/wp-content\/uploads\/2026\/02\/20260204-Contovista-Blog-Winterrelease2026_EN-1-824x436.png)\">\r\n            <\/div>\r\n            <a href=\"https:\/\/www.contovista.com\/en\/aktuelles\/news\/winter-release-2026\/\" class=\"article__info\">\r\n              <h3 class=\"fw700\">Winter Release 2026<\/h3>\r\n              <div class=\"article__data flex row aic\">\r\n                <span>09.02.2026<\/span>\r\n                                <span>4 min read<\/span>\r\n              <\/div>\r\n \r\n              <p>The Winter Release 2026 improves the subscription overview in digital banking and the transaction detail view, making recurring payments visible earlier and transactions clearer. This increases transparency for customers and provides a better basis for well-informed decisions and next steps in everyday digital banking.<\/p>\r\n              <div class=\"btn btn--arrowed\">Read article <\/div>\r\n            <\/a>\r\n          <\/div>\r\n\r\n                  \r\n  \r\n                    \r\n          \r\n          <div \r\n            class=\"article article--normal column aic\" \r\n            data-post-id=\"15358\"> \r\n            <div  \r\n              class=\"article__image\" \r\n              style=\"background-image:url(https:\/\/www.contovista.com\/wp-content\/uploads\/2026\/01\/20260113-Contovista-Blog-Client-Analytics-AI-824x436.jpg)\">\r\n            <\/div>\r\n            <a href=\"https:\/\/www.contovista.com\/en\/news\/latest-news\/ai-in-banking-boundless-potential\/\" class=\"article__info\">\r\n              <h3 class=\"fw700\">AI in Banking: Boundless Potential?<\/h3>\r\n              <div class=\"article__data flex row aic\">\r\n                <span>24.12.2025<\/span>\r\n                                <span>8 min read<\/span>\r\n              <\/div>\r\n \r\n              <p>AI is the mega-trend of our time. The potential of this new paradigm appears almost limitless \u2013 including in the financial sector. Massive efficiency gains, hyper-personalised services and deeply disruptive innovations are made possible by Generative AI (GenAI). At the same time, however, critical voices are growing louder.<\/p>\r\n              <div class=\"btn btn--arrowed\">Read article <\/div>\r\n            <\/a>\r\n          <\/div>\r\n\r\n                  \r\n  \r\n                    \r\n          \r\n          <div \r\n            class=\"article article--normal column aic\" \r\n            data-post-id=\"15096\"> \r\n            <div  \r\n              class=\"article__image\" \r\n              style=\"background-image:url(https:\/\/www.contovista.com\/wp-content\/uploads\/2025\/12\/20251204_Header_Interview-Nathalie-e1764862214163-824x436.jpg)\">\r\n            <\/div>\r\n            <a href=\"https:\/\/www.contovista.com\/en\/news\/latest-news\/success-factors-for-pfm\/\" class=\"article__info\">\r\n              <h3 class=\"fw700\">Success Factors for PFM<\/h3>\r\n              <div class=\"article__data flex row aic\">\r\n                <span>05.12.2025<\/span>\r\n                                <span>10 min read<\/span>\r\n              <\/div>\r\n \r\n              <p>Nathalie explains why high user adoption is crucial for PFM success and which best practices help achieve this goal. A successful PFM implementation requires delivering effective solutions for relevant customer needs and ensuring deep integration into everyday banking. Equally important, however, is clear and targeted communication.<\/p>\r\n              <div class=\"btn btn--arrowed\">Read article <\/div>\r\n            <\/a>\r\n          <\/div>\r\n\r\n                  \r\n  \r\n                    \r\n          \r\n          <div \r\n            class=\"article article--normal column aic\" \r\n            data-post-id=\"15022\"> \r\n            <div  \r\n              class=\"article__image\" \r\n              style=\"background-image:url(https:\/\/www.contovista.com\/wp-content\/uploads\/2025\/11\/20251118-Contovista-Linkedln-LUKB_3-824x436.jpg)\">\r\n            <\/div>\r\n            <a href=\"https:\/\/www.contovista.com\/en\/news\/latest-news\/lukb-multibanking-first-mover\/\" class=\"article__info\">\r\n              <h3 class=\"fw700\">LUKB Multibanking First Mover<\/h3>\r\n              <div class=\"article__data flex row aic\">\r\n                <span>24.11.2025<\/span>\r\n                                <span>6 min read<\/span>\r\n              <\/div>\r\n \r\n              <p>Since September, Luzerner Kantonalbank (LUKB) has been one of the first banks in Switzerland to offer private individuals fully integrated multibanking in e-banking and mobile banking free of charge. LUKB is thus laying the foundation for open banking in the retail sector and sending a clear signal to the market: multibanking is not the future, but the present.\r\n<\/p>\r\n              <div class=\"btn btn--arrowed\">Read article <\/div>\r\n            <\/a>\r\n          <\/div>\r\n\r\n                  \r\n  \r\n                    \r\n          \r\n          <div \r\n            class=\"article article--normal column aic\" \r\n            data-post-id=\"13473\"> \r\n            <div  \r\n              class=\"article__image\" \r\n              style=\"background-image:url(https:\/\/www.contovista.com\/wp-content\/uploads\/2025\/10\/20251024-Contovista-Linkedln-MB_2-824x436.jpg)\">\r\n            <\/div>\r\n            <a href=\"https:\/\/www.contovista.com\/en\/news\/latest-news\/multibanking-for-retail-to-launch-shortly\/\" class=\"article__info\">\r\n              <h3 class=\"fw700\">Multibanking for retail to launch shortly<\/h3>\r\n              <div class=\"article__data flex row aic\">\r\n                <span>30.10.2025<\/span>\r\n                                <span>5 min read<\/span>\r\n              <\/div>\r\n \r\n              <p>Multibanking for private individuals in Switzerland will be launched shortly &#8211; with Contovista, banks are perfectly prepared. As the Swiss pioneer in multibanking, we are implementing multibanking solutions that enable efficient financial management across different bank accounts. This includes not only account balances and transactions, but also further insights into your own finances or other value-added services, such as intelligent tax deductions, a carbon footprint manager or a subscription overview.<\/p>\r\n              <div class=\"btn btn--arrowed\">Read article <\/div>\r\n            <\/a>\r\n          <\/div>\r\n\r\n                                 \r\n\r\n    <\/div>\r\n\r\n    \r\n            \r\n                  <a \r\n            href=\"\/\" \r\n            class=\"btn btn--bordered btn--bordered--plus load-more-articles\">\r\n            Show more articles          <\/a>\r\n              \r\n      \r\n   \r\n    \r\n  <\/div>\r\n<\/section> \n\n\n<section class=\"scrollcopy section logo-color logo-color-dark\"  >\n  <div class=\"container\">\n\n    <div class=\"scrollcopy__wrapper flex row jcsb\"> \n\n      <div class=\"scrollcopy__stickybar\">\n                  <\/div>\n\n      <div class=\"scrollcopy__content\">\n                  <\/div>\n\n    <\/div>\n\n\n  <\/div>\n<\/section>","protected":false},"excerpt":{"rendered":"<p>Over the past few months, a lot has been going on behind the scenes, and we would like to share some updates. The product team for the Finnova Analytical Framework has been completely integrated. The data-driven Analytical Framework by Finnova perfectly matches Contovista\u2019s data-driven banking strategy. <\/p>","protected":false},"author":4,"featured_media":12093,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news_latest-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.contovista.com\/en\/wp-json\/wp\/v2\/posts\/12136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.contovista.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.contovista.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.contovista.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.contovista.com\/en\/wp-json\/wp\/v2\/comments?post=12136"}],"version-history":[{"count":5,"href":"https:\/\/www.contovista.com\/en\/wp-json\/wp\/v2\/posts\/12136\/revisions"}],"predecessor-version":[{"id":12144,"href":"https:\/\/www.contovista.com\/en\/wp-json\/wp\/v2\/posts\/12136\/revisions\/12144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.contovista.com\/en\/wp-json\/wp\/v2\/media\/12093"}],"wp:attachment":[{"href":"https:\/\/www.contovista.com\/en\/wp-json\/wp\/v2\/media?parent=12136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.contovista.com\/en\/wp-json\/wp\/v2\/categories?post=12136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.contovista.com\/en\/wp-json\/wp\/v2\/tags?post=12136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}