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Financial Services solution offerings
The IQ Business Group has the following financial services capabilities: · Financial IQ Australia – A business unit of seasoned resources with specialist experience in the employee benefits and financial services industry. · The IQ Business Group South Africa – This business has a large number of project managers, process consultants and business analysts with many years of financial services skills in South Africa. · The IQ Business Group United States – This business has developed specialist expertise in the employee benefits market. IQ operates in the following areas in this sector of the industry with dynamic potential and growth: 1. Consulting services, comprising: · Process design and implementation · Systems design and developers · Business process outsourcers · Compliance · Technical solutions design, developers and managers 2. Point solutions providers In the following areas: · Treasury · Card · Payments and settlements · Business process management · Straight-through-processing on applications, payments and collections · Customer information management · Channel management · Management information 3. Development and support of back office administration systems Multi-manager solution, employee benefits administration, including any electronic development, front-ends and/or systems requirement; and 4. Business Process Outsourcing In Australia, IQ successfully outsourced key areas for Mellon Financial Corporation. Recently IQ purchased 50% of this outsource operation. This is being extended to include the change management and organisational behaviour component of corporate integrations, right-sizing client environments to their relative marketplaces by applying logical process management principles.
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