Finance, Insurance & Banking
Magnolia's largest group of Enterprise Edition customers is from the financial sector, which includes banks, insurance companies and other financial institutions. The need for quality software that is secure, maintainable, scalable, performs well and is easy to integrate is well-matched by Swiss-made Magnolia CMS. After all, Switzerland is well known for its financial sector. Quality, security and sustainability have always been positively associated with Switzerland. Read on to find out why the finance industry has good reasons to trust Magnolia.
Benefits of Magnolia CMS solutions for financial services
Mitigate risks
Magnolia is developed in an Open-Source fashion but with strong oversight and quality-assurance from the vendor. While some proprietary vendors will sell you Security through Obscurity, Magnolia (and the vast majority of analysts) believe that "given enough eyeballs, all bugs are shallow" (Eric S. Raymond in "The Cathedral and the Bazaar").
But not only does our development model by default provide a more secure system than any proprietary code.Our architecture and choice of platform also make the system more secure on different levels. (See also "High Availability" below).
Improved services through high availability
Magnolia has been built from scratch for enterprise requirements related to high availability. Performance has many different faces. To your clients, it might mean a better user experience that allows for improved service levels. For your system administrator, it means faster backup & restore mechanisms. For your business, it means you need less servers – and less software licenses – for the same performance you would get from our competition.
Magnolia is built on a distributed architecture. Out-of-the-box, Magnolia runs on two servers – one author, one public, with the option to add many more public servers.
Accelerate development cycles
Magnolia is based on the Java platform, which has traditionally been the platform of choice in the financial sector. It is based on open standards like JSR-170, which makes it easy to integrate Magnolia into your legacy environment. Magnolia itself has many extension points or hooks that allow you to extend Magnolia in many different ways to match your needs.
Cost efficient maintenance
Magnolia provides various modes of development – from rapid-turnaround to excellent maintainability, your development and deployment model defines how maintainable your application is. Thankfully, Magnolia's first-class module mechanism makes it easy to separate your custom requirements from the standard product. This in turn makes updates a snap.
Outstanding usability fosters customer retention
Time and again, editors are amazed how Magnolia allows them to work in a very intuitive and effective way with fast results. Magnolia's core value proposition is "easy-to-use enterprise grade software" – a combination of the two goals "usability" and "enterprise-strength" that is both rare and valuable in the marketplace.
Something I really liked is the ability to publish the same content on different websites. From a programming point of view, we also like very much the openness and flexibility Magnolia gives to us. So we may easily integrate other Java-based applications into Magnolia.
Giles Ducret, Lloyds Bank TSB IPB
Selected clients
- Bank of Scotland Germany
- Scottish Widows
- Lloyds Bank TSB International Private Banking
- Van Lanshot Bankiers
- ING Bank NV Amsterdam
- Allianz NL
- Baloise Insurances, Schweiz
- Società Reale Mutua di Assicurazioni, Italia
- VZ Depotbank AG, Schweiz
- Banca dello Stato, Svizzera
- Autorité des Marchés Financiers (AMF) France
- Intesa Sanpaolo
- BSI
- Banca Popolare di Vicenza
- La Mondiale Europartner
- MGM Assurance
- Swisscanto Asset Management AG
- GMAC Bank (now Ally.com)
- First Citizens Bank of Trinidad (firstcitizenstt.com)
- Thalia (Generali Group)
- Policy Expert
Selected Case Studies
Lloyds TSB International Private Banking builds intranet with Magnolia CMS
Lloyds TSB IPB is an international private bank operating in 14 countries on 4 continents. They used to manage their content by having the business users write out drafts in Microsoft Word, which would then be emailed to web masters who would manually re-format it for the Intranet or Internet sites and then upload it by FTP. In 2005, they decided to standardize on a CMS solution to solve this problem once and for all, and chose Magnolia Enterprise Edition. Today, their webmasters are free to actually do web development, and the centralized document store is generating new and exciting efficiencies for their business. read on Lloyds TSB International Private Banking builds intranet with Magnolia CMS
Web-based Prospect Dialogue for Van Lanschot Bankiers
Van Lanschot Bankiers N.V. is the oldest independent bank in the Netherlands, founded in 1737. Van Lanschot's services mainly focus on high net-worth individuals and entrepreneurs. These services are organised into four business segments: Private Banking, Asset Management, Business Banking and Corporate Finance and Securities. Van Lanschot has made a conscious choice for a size which guarantees the right balance between complete and high-quality services and a personal approach, with short communication lines. read on Web-based Prospect Dialogue for Van Lanschot Bankiers
How Magnolia CMS Helped Simply Business Increase Sales Leads by 135%
Simply Business is the UK’s leading insurance broker for small businesses. It has over 160,000 businesses that it insures, more than any other online UK broker. It has been a Sunday Times Tech Track 100 company for the past three years and was recently named in the Deloitte Technology Fast 500 EMEA. read on How Magnolia CMS Helped Simply Business Increase Sales Leads by 135%
CSC Develop Financial Portal for Scottish Widows with Magnolia CMS
CSC used Magnolia’s CMS to develop a state of the art financial portal for the UK workplace. Working with Scottish Widows, CSC created the first implementation, which was branded as mymoneyworks. read on CSC Develop Financial Portal for Scottish Widows with Magnolia CMS
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