EY Nexus for Banking
EY Nexus for Banking is a tech-forward approach to helping the world’s leading banks to reimagine, create, and find better ways of delivering value in the digital economy.
The platform to power your ideas
EY Nexus for Banking is a flexible, cloud-native acceleration platform designed to enable end-to-end experiences where banks can design, build, launch and enhance propositions at the speed of their customers’ ever-shifting expectations.
Platform overview
Core Nexus components
- Modular components — Contemporary, cloud-ready components that help enable end-to-end orchestration of modern customer journeys
- Event-enabled — Capture customer events and understand behavior, intent and needs in real time
- Insight-enabled — Generate insights and map to different stages in a customer journey to nudge action and tailor the customer’s experience accordingly
Features
Loosely coupled components
Open standards and cloud provider-agnostic services prevent tight coupling and allow for the platform to quickly be extended with new components and capabilities.
Transaction ecosystem and microservices
Flexible transaction layer includes an ecosystem of partners with pre-built adapters in areas like core banking. Integration and initiative development are accelerated with our micro-services starter kit.
Intelligent and personalized
Extensible insight engine allows for new initiatives to be intelligence-driven and uniquely tailored to the end user.
Event-driven
Immutable data stores to maximize flexibility and information processing.
Cloud-ready
Design leverages the efficiency, scalability and elasticity of the cloud to provide flexible, cost-optimized capabilities.
Trusted and compliant
Our deep understanding of the financial services regulatory landscape helps to ensure that the platform and individual components are compliant and trusted.
Nexus industry solutions
Powered by Nexus’ core component, banks can harness the power of people, ideas, and technology to help deliver responsive digital-first experiences customers appreciate and trust. EY Nexus for Banking’s ready-made set of industry products are designed to fit your unique needs.
Offerings
Intelligent Disputes
As transactions become more frictionless and e-commerce continues to rise, the number of disputes and chargebacks increases every year, costing issuers about US$12b annually.
Nexus’ Intelligent Disputes offering provides a mechanism for financial institutions as they work to tackle the claims resolution process. It uses intelligence-driven insights to challenge the nuances inherent within the dispute resolution lifecycle, while driving down operational costs and helping deliver an optimal customer experience.
Offerings
Mortgage “Browse to Book”
Offerings
Merchant Offers and Insights
EY Nexus’ Merchant Offers & Insights industry product helps enable businesses to better understand customers’ behaviors and needs by turning transaction data into personalized insight-driven experiences. Our solution helps merchants to turn insight into action by creating, launching and managing targeted campaigns delivered in real time, driving increased conversion, loyalty and revenue.
Closing the disconnect between merchants and their customers opens net new revenue streams for banks, increased customer visibility and growth potential for merchants, and an improved customer experience for banks and merchants alike.
Offerings
Open Banking
EY Nexus’ Open Banking solution leads to significant cost and time savings while maintaining regulatory currency and offering a customer experience that can be modified to cover multiple brands.
About EY Nexus for Banking
The EY Nexus for Banking team leverages the firm’s extensive coalition of global collaborators and alliances, pre-built assets and services, cross-industry experience and Microsoft Azure scalable technical infrastructure to revolutionize a client’s ability to digitally adapt.
