Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Auriga enables banks to control costs of digital branch transformation with smart analytics
    Top Stories

    Auriga enables banks to control costs of digital branch transformation with smart analytics

    Auriga enables banks to control costs of digital branch transformation with smart analytics

    Published by Gbaf News

    Posted on May 30, 2018

    Featured image for article about Top Stories

    Launches WWS Asset Management module to support banks rolling out new hybrid digital branches, predict that banks could save between 15% and 30% on asset running costs

     Auriga, a leading supplier of technological solutions for the omnichannel banking and payments industries, and one of Europe’s original FinTech success stories, has announced the launch of its new WWS Asset Management, application module of the WinWebServer (WWS) suite to help manage the entire life cycle of all devices located in branches providing services to customers such as ATMs, assisted self-service devices, tablets, digital signage and PDUs.

    As banks invest in new hybrid digital branch banking formats, they are connecting smarter devices to their networks and gathering more data in branches to support staff and offer more personalised self-service options to customers. However, as banks rapidly transform their branches, they need better systems to make decisions about when to replace assets, how to manage maintenance costs, and when to acquire or discontinue devices.

    The new WWS Asset Management module enables banks to automatically collect and interpret all data relating to their devices, such as service status, locations, hardware and software specifications. Once connected to the network, WWS Asset Management communicates dynamically with the server to perform operations and collect information providing a powerful tool to help a bank improve decision-making about how it evolves its hybrid digital branch network.

    WWS Asset Management enables a bank to predict its future hardware needs and status, using all the data a bank has. Analysing current data against past data (at least 24 months old) the module’s algorithm can create an effective and precise analysis of future performance.

    The resulting data is useful for strategic planning, such as determining maintenance contracts, or whether to replace assets—all resulting in consistently lower operating costs and significantly improved service. Banks can also use the module to create an exhaustive inventory of the assets in the network and understand the relationships between devices.

    Mark Aldred, Head of International Sales, said: “By integrating WWS Asset Management into banking systems, we predict that banks could save between 15% and 30% on asset running costs. These savings could come from reducing the unnecessary maintenance call out charges, improving the efficiency of fleet upgrades and investment or smart decisions about how many self-service devices to put into branches. Banks will be able to make these decisions in real-time rather than relying on out of date technology.”

    “Banks are rolling out new hybrid digital banks to align with how customers want personalised Auriga, digital services. However, as branches are flooded with connected digital devices for staff and customers, there is a risk that banks will lose sight of the operational performance of these devices. Our solution enables a bank to monitor any connected device, providing a complete picture, through a dynamic and user friendly dashboard, of what is happening and insights into how those devices can be optimised for enhanced customer service.”

    The module allows banks to easily manage the entire lifecycle of all devices on its network, financial and non-financial, alongside all types of applications (web or client) including:

    • ATMs
    • ASSDs (Assisted self-service devices)
    • Kiosks
    • Tablets
    • Digital signage displays
    • PDUs (Personal device units)

    Auriga’s WWS Solution 

    WWS Asset Management module is the latest module in Auriga’s WinWebServer (WWS) solution, which enables banks to design the next generation bank branch, with the freedom to combine Auriga’s different modules in any way across their network and according to their business strategies.

    Launches WWS Asset Management module to support banks rolling out new hybrid digital branches, predict that banks could save between 15% and 30% on asset running costs

     Auriga, a leading supplier of technological solutions for the omnichannel banking and payments industries, and one of Europe’s original FinTech success stories, has announced the launch of its new WWS Asset Management, application module of the WinWebServer (WWS) suite to help manage the entire life cycle of all devices located in branches providing services to customers such as ATMs, assisted self-service devices, tablets, digital signage and PDUs.

    As banks invest in new hybrid digital branch banking formats, they are connecting smarter devices to their networks and gathering more data in branches to support staff and offer more personalised self-service options to customers. However, as banks rapidly transform their branches, they need better systems to make decisions about when to replace assets, how to manage maintenance costs, and when to acquire or discontinue devices.

    The new WWS Asset Management module enables banks to automatically collect and interpret all data relating to their devices, such as service status, locations, hardware and software specifications. Once connected to the network, WWS Asset Management communicates dynamically with the server to perform operations and collect information providing a powerful tool to help a bank improve decision-making about how it evolves its hybrid digital branch network.

    WWS Asset Management enables a bank to predict its future hardware needs and status, using all the data a bank has. Analysing current data against past data (at least 24 months old) the module’s algorithm can create an effective and precise analysis of future performance.

    The resulting data is useful for strategic planning, such as determining maintenance contracts, or whether to replace assets—all resulting in consistently lower operating costs and significantly improved service. Banks can also use the module to create an exhaustive inventory of the assets in the network and understand the relationships between devices.

    Mark Aldred, Head of International Sales, said: “By integrating WWS Asset Management into banking systems, we predict that banks could save between 15% and 30% on asset running costs. These savings could come from reducing the unnecessary maintenance call out charges, improving the efficiency of fleet upgrades and investment or smart decisions about how many self-service devices to put into branches. Banks will be able to make these decisions in real-time rather than relying on out of date technology.”

    “Banks are rolling out new hybrid digital banks to align with how customers want personalised Auriga, digital services. However, as branches are flooded with connected digital devices for staff and customers, there is a risk that banks will lose sight of the operational performance of these devices. Our solution enables a bank to monitor any connected device, providing a complete picture, through a dynamic and user friendly dashboard, of what is happening and insights into how those devices can be optimised for enhanced customer service.”

    The module allows banks to easily manage the entire lifecycle of all devices on its network, financial and non-financial, alongside all types of applications (web or client) including:

    • ATMs
    • ASSDs (Assisted self-service devices)
    • Kiosks
    • Tablets
    • Digital signage displays
    • PDUs (Personal device units)

    Auriga’s WWS Solution 

    WWS Asset Management module is the latest module in Auriga’s WinWebServer (WWS) solution, which enables banks to design the next generation bank branch, with the freedom to combine Auriga’s different modules in any way across their network and according to their business strategies.

    Related Posts
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference
    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Top Stories

    Explore more articles in the Top Stories category

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    A Gateway for U.S. Capital: Inside Kazakhstan’s Expanding Financial Hub

    A Gateway for U.S. Capital: Inside Kazakhstan’s Expanding Financial Hub

    View All Top Stories Posts
    Previous Top Stories PostAmundi announces the appointment of Stanislas Pottier as Chief Responsible Investment Officer.
    Next Top Stories PostScope raises Italian NPL securitisation forecast amid acceleration in asset disposals