Challenge:
Quid, a Fibonacci Group company, specializes in consumer credit solutions for the financial services sector and, through advanced technological expertise and deep market knowledge, supports the evolution of banking processes and credit products.
The product: Qinetic is a cloud-native software program that covers the entire life cycle of credit processes with a multi-channel and modular strategy. Easy to integrate inside the bank’s application landscape, it expands its functions and guarantees low implementation costs and strong scalability.
Multi-channel, open banking, data intelligence and AI technologies are a few of the pillars on which the continuous evolution process of the platform rests. Qinetic is an accelerator capable of meeting business needs with processes and strategies modelled to measure for the customer.
Solution:
Quid adopted IBM Cloud to power its Cloud Native platform. By leveraging the Security and performance of IBM Cloud infrastructure, Quid could deploy SaaS services, support complex organization, and scale its services to meet client needs. IBM’s cloud environment provided robust security and compliance features, which were essential for handling sensitive client information.
“We offer a state-of-the-art and unparalleled native cloud platform that allows to address the security, compliance and reliability needs of financial institutions and customers.”
-Stefano Bertoli, Fibonacci Group and Quid SpA Chairman
Results:
- Improved scalability and performance for Quid’s Lending platform
- Secure data processing and compliance for end users through IBM Cloud
- Ready to adopt AI features through IBM WatsonX
- Ability to scale more clients and larger datasets without compromising speed or accuracy
Conclusion:
By partnering with IBM, Quid strengthened its analytics capabilities and improved its ability to deliver actionable insights from complex data. The collaboration enabled Quid to focus on innovation while IBM Cloud handled the heavy lifting of infrastructure and scalability.
Client: Quid, a Tech Lending company
Industry: Technology / Financial Services
Read entire case study visit here- Quid Informatica SpA | IBM
To book a consult with us- IBM Cloud for Financial Services