Copenhagen Fintech Magazine 2020

Page 18

18

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Festina Advisor Is the Key to Good Customer Relationships Faster calculations of the disposable amount available and a visual overview for the customer make Festina Advisor play a central role when the bank advisors at Sparekassen Kronjylland create good customer experiences.

M

ost of life’s big decisions and events affect the private economy. This relates to when you are buying the house of your dreams, a new sports car, or when you are planning to have children or get married. But when you dream, you also risk losing grip with reality, and the financial situation becomes a necessary evil which commands attention. In those situations, some customers will fear a meeting at the bank where the bank advisor may destroy the dreams because the customer’s disposable amount simply

is too small. And the disappointment is especially great if the customers do not have a good understanding of why they have been rejected. As the credit rating is often a black box for customers, Sparekassen Kronjylland works with an advisory tool that delivers transparency and a foundation for a focused and improved dialogue between advisors and customers. ”We want to give our customers a thorough understanding of how their finances are affected by life’s big decisions. Festina Advisor is a flexible system that includes all aspects of customers’ personal finances. We

can discuss different scenarios with the customers without making advanced calculations for every little change. At the same time, it is an excellent visual tool so that we can easily explain to customers the reasons for their credit rating,” says Kasper Frydenholm, Customer Advisor at Sparekassen Kronjylland.

A competitive advantage for the banks Jonas Sabel is one of the customers who has run his financial key figures through the Advisor module and received advice related to purchasing a house.


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Articles inside

Japan: The Next Big Market for Danish Fintechs?

4min
pages 50-52

Doing Business in Greater Copenhagen Is More Unique Than You Might Think

4min
pages 48-49

As Robo-Advisors Grow in Popularity, Can they Offer Sound Advice on Investments that Tug at the Heart?

4min
pages 36-37

Fintech in Everything: Financial Tools Are Changing the Nature of Every Business

3min
pages 42-43

Move Fast with Stable Infrastructure: Fintechs Need a Strong Foundation to Scale

3min
page 44

The Crypto Industry Intent to Decentralise Financial Services

5min
pages 38-40

Fintechs To Watch

3min
page 45

VP Securities: Focus on the Financial Infrastructure of the Future

5min
pages 46-47

Ageras Aspires to Create the Ultimate Financial Cockpit for Small Companies

3min
page 41

New Cryptographic Products Aim at Democratising Data Processing

3min
page 35

Reimagine Financial Experiences

2min
page 34

Rebuilding Financial Trust through Sustainable Growth

3min
page 26

This Nordic Fintech Is Changing the Payment Landscape with Open Banking

4min
page 31

In 2020, Accounting Rhymes with Intelligent Automation

3min
page 32

Payment Is Also Customer Interaction

3min
page 33

Bank Customers Take Control of Their Subscriptions with Technology

3min
page 27

Financial Inclusion: Profiting in Unexpected Markets

5min
pages 28-30

Fintechs Reach Adulthood

13min
pages 20-25

Fintechs Take Responsibility: Aiming to Navigate the World’s Cashflow toward Sustainability

8min
pages 6-9

Fintech Junior: Capturing Denmark’s Young Banking Segment

4min
pages 14-15

Lunar’s New Business Bank Targets Entrepreneurs

3min
page 16

Festina Advisor Is the Key to Good Customer Relationships

5min
pages 18-19

New Payment Engine Optimises Companies’ Accounting and Increases the Profit

4min
page 17

Does Covid-19 Challenge Sustainable Development?

7min
pages 10-11

Corona Has Added New Dimensions to the Digitalisation of the Financial Industry

5min
pages 12-13

Editorial: A Value-Driven Recovery: The Nordic Fintech Moment?

3min
page 5
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