Idea Cloud Qorus Banking Innovation Awards 2015 - Winner

Idea Bank is a Polish midsize SME bank. Founded in 2010, the company is already perceived as a leader in servicing entrepreneurs, primarily thanks to its dedication to delivering easily deployable business-related tools for the SME sector. Idea Cloud is a secure banking cloud fully accessible by the bank’s clients and offering them a wide range of tools aimed at simplifying and accelerating all processes associated with complex business management. It is the first banking cloud in Europe and the world’s first transactional platform combining both accounts and banking functionalities. Responsive design and user-friendly interface make it a great PFM and BFM tool. Provided with many built-in finance and data management apps (e.g. the virtual vault or invoicing center), it enables the users to manage their business integrally via a single platform. Thanks to greater processing capacity and hugely simplified operations it may help cut red tape by half – that is a greatly relevant feature, especially given that Polish entrepreneurs spend app. 75 minutes a day just tending to administrative chores. Importantly, Idea Cloud meets all the legal requirements for the banks’ IT systems, so its users may benefit from the cloud’s potential without worrying about the security of their data. Beta version of the platform was made available to chosen Idea Bank’s clients in Feb 2014. The project has been developed since Apr 2013. Currently all clients may deploy the platform at no additional charge.