Functional Scope of S/A/V/E BANKING
The modules available provide for the handling of all relevant transactions. Bank or country specific products may be easily added. Integrated interfaces may be used to connect to individual legacy solutions may these concern transaction input (e.g. specific branch solutions), reporting or analysis systems (e.g. own statistics systems), which are already in operation.
Customer and account data: The system is truly customer driven. All accounts and transactions are linked to the respective customer. Overviews of the customer's engagement with the bank are readily available.
Teller: All teller and front-office operations are handled in both the domestic and/or foreign currencies.
Payments: The system performs payment transactions on three levels, intra-bank, inter-bank (via the national clearing centre) and international fund transfers (via SWIFT). Standing orders may be freely defined.
Deposits: S/A/V/E BANKING currently supports over 40 standard different term deposits types, which differ by maturity, withdrawal notice period and interest calculation method. These options include standard products like:
- Passbook Savings Account
- Ordinary Savings Scheme / Account
- Domicile Account
- Call Account
- Fixed Deposit Scheme / Account
- Save-As-You-Earn (SAYE)
Money Market: The system supports the processing of inter-bank deposits on the Money Market and FX dealings, which include spot deals and term deposit deals on the bank's own account or on a client's account.
Loans: Pre-configured cover all loan types handed out by savings banks. Risk management features include blocking of clients, groups and products, limits, customer ratings, loan classification. Loan types include:
- Micro Credits
- Instalment Loans
- Personal Loans
- Consumer Loans
- Motor Vehicle Loans
- Short Term Loans
- Commodity Financing
- Revolving Credits
- Mortgages
Trade Finance: The trade finance functionality of S/A/V/E BANKING is currently under preparation. Products shortly available will include:
- Letters of Credit
- Shipping Guarantees
- Foreign and Local Guarantees
Securities: The securities module allows administering the securities that are available for trading or kept in portfolios. Revenues (dividends, interest) are easily calculated for all customers according to the applicable rates and parameters. Typical products are:
- Funds administration
- Depot services
Stock Exchange: This module offers a broad spectrum of features for handling any type of stock exchange transaction. A complete straight through processing supports all necessary handling steps from order entry to trading at one of the connected stock exchanges, to settlement, to the final booking and customer notifications.
G/L: All transactions are automatically booked to a flexibly definable chart of accounts automatically taking into account any commissions, fees, taxes, etc.
Queries and Reporting: Comprehensive query an reporting options allow to closely monitor every aspect of the customer business, the bank's positions and many more.
Help: A full field sensitive on-line help is available throughout the entire system.
Further modules concern commission & fees, interest calculation, system parameters, open interfaces etc.
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"S/A/V/E BANKING guarantees an efficient and secure processing of all the business transactions of a modern bank."
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