WHY CHOOSE SOVEREIGN?

A comprehensive banking and finance solution.

OVERVIEW

Finzsoft is a leader in the finance and banking market. Finzsoft’s flagship product Sovereign offers both core and vertical specific solutions supporting financial institutions, credit unions, building societies and finance companies throughout New Zealand and Australia.

Sovereign is a highly integrated solution that encompasses all the components required for finance and banking, asset backed finance, business origination, lending, leasing, collections, investments and wholesale. Sovereign is scalable and secure enough to meet the requirements of domestic banks and flexible enough to manage the most complex workflow scenarios.

Finzsoft believes vision and innovation are two of the critical differentiators in a dynamic and evolving banking and finance industry. Finzsoft’s technically experienced and innovative team has been transforming our clients’ visions into world class solutions for many years. Sovereign’s comprehensive functionality has been helping businesses to increase profitability and reduce costs by maximising organisational efficiencies, streamlining operations and facilitating growth.

When your vision results in the need for new products, Sovereign’s sophisticated and highly configurable solution will enable your business to create and manage those products for the entire lifecycle, from initial customer contact through to onboarding and ongoing customer support and interactions.

KEY BENEFITS

A modern integrated system which enables:

Unlimited business growth

Best of Breed componentisation

Fully configurable product & process rules

Full end to end workflow management

Single Customer View

LEADING TO

Improved profitabilityEfficient time management and staff utilisationPromotes collaboration within your business and with your customersHighly automated cost effective operationsBank level securityAttract new customers and improve customer retentionReduced time to market for new productsIncreased revenue through easy interest and fees calculation

COMPREHENSIVE SOLUTION

Sovereign's integrated solution goes far beyond deposit and loan account processing to encompass a vast array of innovative technology tools that serve as a foundation for growth. This unmatched portfolio of solutions is tailored to specific needs of each market to create a better experience for your business and customers. Sovereign's high degree of integration provides unparalleled levels of auditability and user accountability. Sovereign is a product platform, not a framework. Single code base integrity and design principles enable efficient product upgrades.

SMART AUTOMATION

Sovereign's smart automation ensures increased effectiveness & consistency across your organisation. From an initial customer contact through to account closure Sovereign guides your team through each stage of the process or workflow in a seamless, efficient, and auditable manner.
Sovereign's automation includes any combination of document generation using communications such as emails and SMS. Automated task management includes task generation, reprioritisation, re-allocation, escalation, and follow-up. This high level of smart automation allows you to manage your business processes with unparalleled scalability, simplicity and speed.

SINGLE CUSTOMER VIEW

Sovereign delivers a seamless single view of all customer information such as correspondence, images, financial transactions, credit reports, scorecards and payment histories. Access is restricted to authorised Sovereign users. This high level of integration provides unparalleled levels of auditability and user accountability.

UNIFIED COMMUNICATIONS

The integrated Sovereign "Communication Centre" provides a simple and intuitive interface for the management of tasks into queues with a simple interface for users to manage those tasks and associated processes. A one-click operation gives the user immediate access to all required functions and data. Multiple delivery channels are available for outbound communications dependent on customer preference, including the traditional print option, or more efficient and environmentally friendly methods such as email and SMS delivery.

SERVICES

Finzsoft has a team of experienced and innovative professionals highly skilled in finance and information technology. Together they focus on developing world class finance and funds management solutions. Finzsoft offers a unique mix of business, information technology and change management skills that provide a deep understanding of the drivers, challenges and methodologies for the successful implementation of Sovereign within a diverse range of organisations. The team also bring significant specialised experience from a range of financial services industry verticals including asset management, building societies, banks, credit unions and finance companies.

KEY FEATURES

Intuitive & easy to use

Flexible Product Definition

Targeted real-time workflow with user tasks documents

Rules based & user-defined workflow engine

Automated lifecycle management

Caters for complex interest calculations including tiered interest rates, penalty rates, etc.

Sophisticated business intelligence & management reporting

Extensive fee capabilities

Audited transactions trail

Fully integrated teller functionality

Insurance product premium calculations with reporting and invoicing

Comprehensive collections and arrears functionality

Automated or manual generation of messages to customers

Electronic banking and cards integration

Self-defined user access level

Versatile Products

Integrations

Home loans with multiple interest periods, interest only, P&I, P+I
Anti Money Laundering and Countering the Financing of Terrorism
Vehicle loans
Credit Agencies
Personal loans
AplyID
Overdrafts, revolving credit facilities
DocuSign
Term Deposits with flexible interest payment options
Change Financial
Savings and call accounts
Transaction accounts with chequing facilities