Reduce Conduct Risk

With all products in one place, prevent mis-selling and avoid potential fines by exerting greater control over the availability of products at the segment and channel level. Streamline regulatory reporting with a comprehensive audit log of all product changes.

Benefits

Use iterate and execute

Enable business users to create and change product propositions themselves quickly and easily.

Reduce operating costs

Reduce the cost of creating, changing and launching product propositions.

Market responsive

Accelerate time to market for creating, changing and launching product propositions.

Product systems

Enable one consistent view of product information across all channels.

Accelerate digital transformation

Enable your digital transformation program.

Agility

Get up and running quickly and reduce TCO with a rapid, out-of-the-box SaaS deployment on the cloud using Microsoft Azure.

Pre-integrated with key core banking providers

Externalize product definitions and attributes from DXC’s Hogan and FIS core banking systems to Product Master.

Features

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A single centralized repository

Externalize product information from core systems into Product Master — deposits, credit cards, lending, cash management, investments and more.

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Reusable product attributes

Leverage a reusable library of configurable product parameters and attributes.

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Product eligibility

Define suitable products by configuring product eligibility rules.

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Product governance

All product changes are managed and tracked through an authorized user workflow and a full historical audit log.

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Product packages

Combine products into pre-defined and dynamic packages, including both financial and non-financial products and services.

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API integration

Seamless integration with upstream and downstream systems, returning the right product to any channel and distributing product data to any product system via an API.

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Audit log and workflow

Robust tracking and governance, with changes and approvals by a set of authorized users automatically logged.