Personal Finance Management (PFM)
Empower consumers with self-driving financial insights using Xebia's Personal Finance Management solution
Enhance financial decision-making with Xebia's PFM. Get real-time insights, goal-based planning, and smart budgeting for financial health.
Accelerate Your Digital Transformation Journey with Xebia's PFM Banking Solution. Xebia's Personal Finance Management solution helps your consumers to organize their finances by providing a centralized platform to track income, expenses, and financial goals. It offers a comprehensive view of one's financial practices, making it easier to manage money effectively. This also enables financial institutions to know the spending behavior of their customers and make smart business decisions.
PFM Banking Solution
Technologies Used
Back end: Java, Spring Boot, and Kafka.Database: Elastic Search, Postgres, and Mongo DB.Mobile SDKs: Swift (iOS) and Kotlin (Android).
Installation Process
Solution deployable on cloud or on-premise, available as mobile SDK.
Cloud
PFM is Cloud-agnostic and can run on:AWSAzureGCP
Why Choose Xebia's PFM Solution?
Smart Financial Insights
Uses advanced data analytics and machine learning techniques to analyze customers' financial data and provide them with comprehensive insights about their financial health in approximately real-time.
Goal-based Planning
Enables customers to set, track, and monitor financial goals while also suggesting strategies to achieve the set targets faster
Smart Budgeting
PFM is Cloud-agnostic and can run on:AWSAzureGCP
Activity Feed and Nudges
Allows the customer to track all transactions on a real-time basis, monitor any fraudulent/unauthorized transactions, and take necessary action.
Plug & Play
Available as SDK (iOS and Android) that can integrate directly with your apps for quick time-to-market, or via APIs
Embedded Generative AI
Leverages large language models to optimize the coverage of transaction refinement leading to increased accuracy on spend insights.
Key Numbers
Load Tested for up to 5000 TPS
15+ Categories & Sub-Categories
Based on MCC, Narration, UPI Handles, Beneficiary, Merchants, and Embeddings
1 Million+ Merchant Master Database
- Spending Insights - Provides a smart way to track monthly expenditures and optimize any redundant spendings.
- Financial Goals - Helps to set any goal for a specific time and start saving towards it. Users can re-prioritize the goals anytime.
- Activity Feed and Nudges - PFM module displays real-time transaction activity, allowing customers to select and optimize transactions for optimal results.
- Budgeting - PFM Budgeting module enables customers to plan monthly expenses, set spending limits, and track expenses for better financial control and visibility.
- Carbon Footprint - The carbon footprint module helps customers measure monthly emissions and minimize transactions contributing to global greenhouse gas emissions, benefiting the environment and society. The solution is pre-integrated with Xebia's Carbon Footprint calculator to know an organization's carbon emissions.
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