Following are some of the key benefits of Canvas Technology –

Lower IT CAPEX Cost – This technology allows for a single solution integrated with existing systems in the bank that enables the content distribution across different devices and channels. This avoids the need to have multiple point solutions as well as the need to potentially work with multiple vendors for the point solutions. It is not just the initial expenditure, but also from incremental changes perspective.
Virtually accessible on any device with a browser – The technology generates HTML5 compliant web application. Hence, any device that supports a HTML5 compliant browser must ideally be in a position to render the target application created using Canvas Technology.
Delivers incredible customer centricity – One of the core ideals of this technology is to help model the functionality keeping the customer in the center and not the process. Every event / activity that is provided is done with the intent of how a typical user will work on the system and these event / activity then maps to the underlying business process behind the scenes. The technology also provides a high degree of customization to the end user at each App level and also to the extent of them creating their own Canvas too. The Inter App Communication provides a powerful means to evaluate contextual needs based on user click / data and provide contextual products and offerings to the user.
Quick time to market – Canvas Technology provides a quickly App creation studio that allows for business users to configure the Apps and IT to further embellish it with the technical details. This allows for faster co creation of Apps between Business and IT. Also the configurable entitlement model allows for progressive enablement of functionally purely through entitlements control. This provides an inherent support for cases where the bank wishes to take a product to market quickly, but enable for few target customers; or enable for all customers.

Some of the key enablers from the technology towards these benefits are –

Device band configuration that allows for targeted band / range of devices to be addressed separately
Fluid form design that allows for Apps and Forms to render in an appropriate manner for that device
Meta data driven rendering that ensures that all functionality is controlled through a central configuration that can be changed quickly without having to do a redeployment
HTML5 compliant Apps that can virtually run on any smart phone / device that supports HTML5 compliant browsers.
Cordova based Hybrid App build also provides the multi-platform affinity that can enable the presence of the bank across different OS vendor's App Stores.
Entitlement driven UX. All App and Form configuration is linked to entitlements by Design. This ensures that entitlements are evaluated at all stages and a person gets to see content only that they are entitled to.
Third party App Integration is supported. This provides options for the bank to develop their own apps and have those apps incorporated into the solution.

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