Country for PR: Malaysia
Contributor: Medianet International
Monday, April 29 2019 - 11:00
AsiaNet
Unisys Launches New Version of Elevate(TM) Omnichannel Banking Platform to Facilitate Shift to Open Banking
BLUE BELL, Pa., Apr. 29, 2019 /Medianet International-AsiaNet/--

-- New version of software allows banks to easily integrate third party apps 
and services for enhanced customer experience, while leading-edge security 
protects consumer data across all touchpoints

Unisys Corporation( http://www.unisys.com/) (NYSE: UIS) announces the 
availability of the latest version of its Unisys Elevate(TM)( 
http://www.unisys.com/elevate) omnichannel banking software platform, which 
enables banks to adopt an open banking approach to deliver an unrivaled 
customer experience. Open banking allows financial institutions to share data 
with other organisations and easily access third party applications and 
services that they can then offer to customers as a way to personalise and 
improve the banking experience. 

Available now, the new release of Elevate includes key components to help 
financial institutions take advantage of the benefits provided by open banking:
-	Data management for personalised offerings: As more data is generated and 
shared by consumers every day, managing data presents a challenge for many 
financial organisations. Elevate features an advanced analytics platform that 
accrues data across all available banking channels and enables the bank to 
create personalised offers and generate dynamic content based on a customer's 
spending habits, as well as provide actionable insight into their spending or 
savings needs.
-	Application programming interfaces (API) integration: A benefit of open APIs 
is that they facilitate a bank's ability to integrate new products and services 
without having to perform a "rip and replace" of legacy applications. However, 
blending legacy infrastructures with modern tools and technologies via open 
banking requires changes to existing architecture and increases the complexity 
of the IT ecosystem. The new version of Elevate features an API portal that 
facilitates the seamless integration of third party data and services into a 
bank's platform without disruption to the bank or the customer.
-	Security across multiple touchpoints: Financial institutions must take care 
to understand the security protocols of the third parties they are doing 
business with and be assured that their customers' data is secure while in 
motion and at rest. Elevate is secured by Unisys Stealth(R)( 
http://www.unisys.com/offerings/security-solutions/unisys-stealth-products-and-services) 
security software, the industry's first and only product with dynamic 
isolation(TM) capabilities to quickly isolate devices or users at the first 
sign of compromise.


"What makes this new version of Elevate truly unique is that it takes the new 
transaction channels made available by open banking and allows banks to 
seamlessly integrate them into their offerings," said Maria Allen( 
https://www.unisys.com/industries/financial-services/thought 
leader/maria-allen-id-3122), vice president and global head of Financial 
Services, Unisys. "Not only does this enable a truly omnichannel experience 
where the customer can securely complete a transaction from any location and 
from any device, but it establishes the bank as an integral part of the 
customers' life – a 'one-stop-shop' where they can get personalised products 
and services they want, when they want them."

Given the influx of data associated with an open banking model, security is 
understandably a big concern for banks. Stealth(TM) reduces attack surfaces by 
creating dynamic, identity-driven microsegments called communities of interest 
(COIs). By establishing secure COIs, Stealth separates trusted systems, users 
and data from the untrusted. It further reduces attack surfaces by encrypting 
all communication between Stealth-protected assets and cloaking the assets from 
unauthorised users. 

Importantly, the dynamic isolation capabilities of Stealth allow clients to 
quickly isolate devices or users at the first sign of compromise, stopping 
attacks in progress. Having the ability to not only identify but also isolate 
threats in a matter of seconds allows an organisation to respond forcefully to 
attacks without disruption.

Launched in 2017, Elevate is an end-to-end, digital banking software platform 
and suite of applications designed to help financial institutions deliver an 
instantly secure, omnichannel banking experience to their customers. As a 
result, customers will be able to pay their bills on the go, transfer funds and 
apply for loans and mortgages anytime, anywhere – regardless of whether they 
are doing so on a mobile device or tablet, via an internet browser or inside a 
branch. For more information on Unisys Elevate, go to www.unisys.com/elevate. 

More than 450 financial institutions worldwide rely on Unisys solutions. 
Recently, it was announced that Monmouthshire Building Society( 
https://www.unisys.com/offerings/application-services/news 
release/monmouthshire-building-society-selects-unisys-new-digital-banking-servic
es) and Sutherland Mortgage Services( 
https://www.globalbankingandfinance.com/sutherland-and-unisys-partner-to-create-latest-mortgage-tech-platform-for-financial-services-industry/) 
signed agreements with Unisys to leverage the Elevate banking platform.

For more information on Unisys' financial services capabilities, please visit 
http://www.unisys.com/industries/financial-services.

About Unisys
Unisys is a global information technology company that builds high-performance, 
security-centric solutions for the most demanding businesses and governments on 
Earth. Unisys offerings include security software and services; digital 
transformation and workplace services; industry applications and services; and 
innovative software operating environments for high-intensity enterprise 
computing. For more information on how Unisys builds better outcomes securely 
for its clients across the Government, Financial Services and Commercial 
markets, visit www.unisys.com.

Follow Unisys on Twitter( http://twitter.com/UnisysCorp) and LinkedIn( 
http://www.linkedin.com/company/Unisys). 



###

RELEASE NO.: 0423/9672

Unisys and other Unisys products and services mentioned herein, as well as 
their respective logos, are trademarks or registered trademarks of Unisys 
Corporation. Any other brand or product referenced herein is acknowledged to be 
a trademark or registered trademark of its respective holder.
UIS-C

SOURCE: Unisys
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