We help financial institutions grow deposits, enter new markets and expand commercial relationships

Financial institutions are facing new waves of disruption
in their quest for sustainable growth

They must constantly evaluate their product strategies, operational and engagement strategies, and compliance efforts
to keep up with the swiftly changing tide of consumer expectations and stakeholder requirements.

Emerging competitive threats

31% of consumers would consider banking with fintech upstarts or alternative providers like Facebook, Amazon or Google

Growing burden of compliance

Building systems and processes to keep up with regulations and industry standards requires significant resources; the industry spends approximately $270 billion a year on compliance-related costs

Drive for digital transformation

In 2018, banks globally invested $9.7 billion to enhance their digital banking capabilities in the front office alone

Profitability challenges

Only 40 to 60% of all retail banking customers are not profitable; meanwhile, enterprise customers are consistently asking for a more robust product suite with high-tech payment options

Need to modernize technology

Banks are expected to spend nearly 50% of their total IT budget on new technology, such as AI, big data and other modernization initiatives

HSAs were always a headache for us to operationalize on our core banking platforms because they have unique requirements like multiple contribution sources (employer anf employee), contribution limits, commercial and retail components, and tax reporting. The Alegeus platform handles all of this easily, allowing us to focus on growing the program.

Our commercial clients were always asking us to provide HSAs, but healthcare is a new market for us and we weren’t sure this was the right step. Alegeus helped us get into the market with a comprehensive HSA offering, including augmenting our team with outsourced employer and consumer phone support. They did all the heavy lifting so that we could add this product to our portfolio.

With all of the momentum HSAs have in the market, we wanted in on the game. Alegeus has the strong financial technology backbone we can trust, the right support structure to help us operationalize it and the go-to-market partnership we needed to grow the program.

A solution tailor-made for the specific needs of HSAs and financial institutions

Our flexible business model is built around partnerships

Easy to do business with
  • World-class support team

    Dedicated team of experts, focused on your success during implementation and beyond

  • Flawless implementation and conversion

    High-quality conversion delivered on time, on budget and with minimal disruption for your stakeholders

  • Best-practice guidance

    Helping you harness the full power of our platform and optimally align it to your business

  • Rigorous performance measurement

    Measuring what matters to you, with score cards to reinforce our results

Customer-centric support model
  • Your brand at the forefront

    Our white-label model makes your brand the hero, with no trace of Alegeus behind the scenes

  • Your member experience

    Highly configurable front end or the opportunity to consume our capabilities into your environment via integration

  • Product advisory opportunities

    Unmatched product innovation and investments, driven by client input, that enable your key business priorities

  • Win-win economics

    When you grow, we grow. We offer growth credits and revenue-share opportunities to ensure our incentives are aligned

  • Unique program insights

    Helping you identify actionable opportunities to improve your program performance

Partnership for growth
  • Collaborative planning

    We work with you to build a fully fleshed-out go-to-market attack plan, with resources behind it to unlock your potential

  • Adoption and engagement programs

    Open-enrollment and year-round engagement strategies to increase account participation and funding

  • Turnkey tools and templates

    Vast library of customizable marketing and sales content assets to help you kick-start your sales toolkit development

  • Competitive insights

    Deep insight into market players, capabilities and effective sell-against strategies

  • Sales support

    Growth-focused resources available to help with tactical sales support activities (demos, RFPs, finalist meetings and more)

Access our latest thinking

See all insights

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