Our Customers

RBC Royal Bank

One of the largest bank as measured by assets, and a leading diversified financial services companies

The Challenge

RBC Royal Bank

Provide real-time loan status information to RBC's asset-based lending (ABL) customers.

The Strategy

Devise a secure reporting solution that allows authorized users to easily obtain standard reports from servers located behind RBC’s firewall.

Roy Estevens
Manager, Enterprise Business Continuity Management

Our operations team used to fax reams of paper to our clients each week, including loan status reports, exception reports, AR spreads, and so forth. Now [with WebFOCUS] they only have to fax one report authorizing the loan advance. From then on, all the loan status reports are available online via the self-service environment.

The Outcome

Their new reporting portal provides instant access to loan status information for 66 percent less than the cost of the ABL vendor’s solution.