Banking and Financial services change and transition experts.
We're driven to help banks, mutuals and financial services to digitally evolve and transition.
Banking and Financial services used to be built to last.
Today, they need to be built to change, they need to be composable.
At Sida4, we understand the need for proven digital solutions and services.
Whether you are a Bank or a Lender, traditional core systems deliver the same business barriers – poor integration, limited data access and time and cost barriers to change. There is no shortage of skills or tech, there is however a lack of clarity (and apprehension) on where and how to start.
We offer change options in manageable bites that deliver value at every step.
Our primary focus is on Data access, Data management, Data streaming, Governance and Automated reporting.
ROI-driven investment and effective delivery are about envisioning what’s possible and then harmonising people, process and technology. 4impact focuses on leading from the front to bring these elements together.
Australian Mutual Banks share some common problems.
There are several key challenge 'themes' that have consistently arisen throughout our conversations and engagements in Australian banking.
- Client Experience: Many are concerned that their current client experience is limited, with any improvements being costly and time-consuming to implement.
- Systems: Their internal systems are outdated (legacy), disconnected, and labour-intensive, making maintenance costly and hindering business growth.
- Profitability & Growth: Outdated IT systems are restricting their ability to modernise their operation and drive profitability.
- Compliance: Staying up to date with regulatory changes is slow and expensive, as limited access to data often requires manual processes to gather the necessary information.
Services and solutions to help ignite your inner digital bank.
Banking Consulting Services
Enhance customer experience, optimise systems, streamline operations, drive growth through strategy and innovation.
Digital Transformation & Modernisation
Tailored approaches to enhance your bank’s digital strategy, improve online platforms, mobile apps, and customer experience.
Best-of-Breed System Evaluation
Recommendations for optimal banking and financial systems to enhance flexibility and support growth.
Core Banking System Assessment
Whether upgrading legacy systems or merging banks, we align core systems with immediate and future goals.
Legacy System Gap Analysis
When transitioning to new systems, the identification of operational gaps ensures minimal disruption.
System Architecture & Integration
System assessments to define an improved future state, and the creation of seamless integration roadmaps.
Reporting Services
Reporting across disparate systems is complex and costly. Streamlined solutions simplify data management and reduce expenses.
Compliance Services
Through our partners, we are able to offer comprehensive compliance solutions.
Banking Technology Services
Streamline data management and its accessibility, to enhance decision-making and operations.
Data Migration
Our data migration services ensure a smooth transition of data from legacy systems to modern platforms, minimising disruption and ensuring data accuracy throughout the process.
Data Integration
Leveraging our extensive experience, we handle data extraction from source systems and inject it into target systems, ensuring data integrity and accessibility for improved insights and streamlined operations.
Data Warehouse
Design and implement of scalable data warehouses provide secure, organised storage, enhancing reporting and enabling real-time analytics for informed decision-making.
Event (Data) Streaming
Real-time event streaming solutions allow banks to process and analyse data instantly, driving faster, data-driven decisions and improving operational efficiency.
Dashboard, Visualisation and Report Generation
The creation of custom dashboards and reports provide operational, customer, and regulatory insights, enabling informed decisions and compliance.
Banking Technology Solutions
Resolve common pain points and operational friction based on first-hand, trusted banking sector insights.
Loan Origination System (LOS)
Legacy-tied LOS systems are slow and harm customer experience. Decoupling from the core enables modern, automated LOS solutions for faster, more efficient loan processing.
Core Banking System
Mergers, acquisitions, and digitalisation are driving core system upgrades.
We strategically guide banks through upgrades and migrations.
AML / CTF / KYC
Legacy core banking systems create inefficient compliance processes. Shifting these functions enables modern applications that improve efficiency.
Financial & Regulatory Reporting
Legacy systems hinder reporting speed and accuracy. Through the implementation of modern tools, efficiency is enhanced, costs are reduced, and manual effort is minimised.
Data Enablement
Legacy systems limit data access and integration. We help mutual banks establish a ‘golden record’ and regain data control.
Customer Communications
Enabling banks to deliver personalised, interactive messaging via preferred channels, boosting engagement and operational efficiency at scale.
