• Print

Financial Services Overview

Turning Change into Profit for Financial Services Companies

Mitigating Risk and Ensuring Accountability

The key business challenges facing companies in the financial industry today are staying profitable in a competitive yet cooling economic climate, surviving mergers and acquisitions, and expanding into new areas of financial services to grow the business. 

At the same time, the financial industry is one of the most heavily regulated. The need for Audit Compliance and Regulatory Oversight is constant.  In fact, the current round of business scandals has intensified the scrutiny of banks and other financial services companies.  Consequently, there is a critical need to ensure stringent accountability and generate revenue at the same time.

Information Technology Affects Profitability

The IT department is crucial to the bottom line. But, because IT is a cost center not a profit center, the emphasis is on efficiency, fewer errors, more system uptime, reliability, and doing more with less.

IT departments are tasked with consolidating technologies used in house, strategically applying technology for global enterprise benefit, and eliminating duplication— all while supporting varying sets of goals and meeting business needs across different departments. Lastly, IT is tasked with controlling all of these tasks in an auditable, predictable and consistent manner. This is true for all systems from internal software, customer-facing web applications and application production control, all the way to enterprise business processes.

Serena Delivers Control

Serena® software and services enable control of all your digital assets across the enterprise—from the mainframe to distributed systems to the web. You gain the ability to manage application and content assets during development and change, as well as the process itself. Serena is the only solution that can span all your critical enterprise applications across all your enterprise platforms. You also gain the ability to baseline all your code, content and finished applications, and control everything that goes onto your production systems, in one place, and then automatically deploy it to your production systems.

Perhaps most significantly of all, by implementing a single enterprise solution from a proven expert in change management, you can remove and stop paying for outdated and redundant technologies.  That's real, tangible Return On Investment…right now.

Customer Implementation

Serena customers consistently leverage the value of Serena solutions to manage their Change Governance initiatives in the Financial industry.  These customers include:

  • American Express
  • Bank of America
  • Citibank
  • Countrywide Financials
  • NYSE
  • Arval (UK)
  • GMAC Insurance
  • Foreningssparbanken AB (FSB)
  • Janus Funds
  • ADP (Toronto)

Serena's Expertise

Serena’s Advisory Services has extensive experience and broad based expertise in IT best practices in the Financial Services industry. We provide assessments, consulting, organizational impact, implementation and training. 

Our staff possesses the requisite skills to:

  • Clearly understand problems our customers face
  • Educate our customers on solutions to resolve their issues
  • Better manage our own complex, global infrastructure making our processes more efficient for our customers
  • Provide better, more specific solutions to meet the variety of issues facing companies today

Read more: Serena Solutions for Financial Businesses: Enabling Faster, Easier Regulatory Compliance and IT Governance »

Contact us to see a standard or custom demonstration »

Try Mashups On Demand Now