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Focus Solutions launches platform for retail banks

Focus Solutions Group has today launched focus:enterprise, a distribution platform designed for retail banks.

FSG says focus:enterprise has been designed in response to the increasing regulation imposed on banks and the heightened scrutiny they will face in demonstrating compliance, risk management and treating customers fairly.

Focus:enterprise enables retail banks to distribute any product via any channel and incorporates regulated products and those that will fall under the Banking Conduct of Business Sourcebook or the Payment Services Directive in November this year.

The offering also includes a range of services such as gap analysis, support for business case production, advice on delivery approach and a range of end user training options.

Focus Solutions chief executive Richard Stevenson says: “We have observed that many banks still lack an ability to gain a single view of their customer which means they may not be able to execute or evidence compliance with all aspects of the upcoming regulation.

“Additionally there is an increasing need for these organisations to have the flexibility to distribute all products via a single platform and we have in focus:enterprise a solution that can help them achieve this.”

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