Bankhawk Analytics - Services
Banking analytics involves a methodical study of your organisation’s bank accounts and merchant card activity to determine the efficiency of your banking. Our unique methodology for analysing banking data shows how your banking benchmarks against best practice and how best to optimise your banking.
There is no other system currently available that allows organisations to easily benchmark the efficiency of their banking arrangements across multiple banks, currencies and geographic locations with the speed, accuracy and precision of Bankhawk Analytics.
Companies provide Bankhawk with bank account and merchant card data for an agreed period. This information is then processed with comprehensive analytics illustrating the efficiency of banking delivered back to the organisation in a dashboard format.
You will need to provide bank statements and merchant card statements for each of your accounts covering an agreed period (typically 3 to 6 months). This information can be downloaded directly from online banking in minutes.
Soft copy statements can be downloaded from online banking and uploaded directly to Bankhawk’s secure server in minutes. The information can also be collected onsite using a secure USB data locker.
Bankhawk can accept statement data in almost any format. Companies typically provide bank statements in CSV (spreadsheet) format which is a standard export format that banks provide.
Bankhawk are currently working towards ISO 27001 certification as part of our ongoing commitment to data security. All client data is processed at Bankhawk’s secure banking analytics lab in Dublin.
Banking analytics projects typically take one to two weeks from the date the organisation uploads their banking data. This may vary depending on the size of the organisation.
Banking analytics reports are presented in hard copy format. Clients can also access a secure online dashboard to view the results of their analytics project should they so wish.
We work with companies on either a fixed cost or results basis depending on your budgetary requirements. Our results-based fee option ensures that fees charged for the service can be paid out of savings generated.
Bankhawk Analytics - Bankhawk365
- Unlock trapped cash
- Uncover hidden banking costs
- Lower net cost of banking
- Generate ongoing savings
- Bankhawk Analytics is included in ISO 27001 scope
- Minimum 128-bit encryption in transmission through TLS/SSL
- AES 256-bit encryption for Personal Identifiable Information at rest
- Encryption keys split to increase security
- Account privileges managed through Access Control Lists (ACL)
- Client data stored in separate databases
- Controls in place against OWASP vulnerabilities
- IP address white lists and blocking protocols against brute force attacks
- Corporates – Insurance, Retail, etc.
- Financial Institutions
- Public Sectors
Bankhawk365 is banking analytics software developed by company Bankhawk Analytics. It help Corporate and Financial Institutions to analyse and optimize their banking. It functions as a smart meter measuring the Key Performance Indicators of their banking arrangements.
Bankhawk Analytics has been developed by a team of Computer Science PhD’s and banking experts and works with any bank or currency and in any sector or geography.