Asseco Core Banking System for building saving banks including commission part core sale system is comprehensive parametric information system designed to cover all processes in building savings bank. The core of this system is common to all implementations (this leads to reduction of development costs) but each implementation is customized according to customer’s demands and needs. Deployment of new releases is also adjusted according to the needs and requirements of each customer. Asseco doesn’t offer only the core banking solution, but also our own know-how to realize the process of transition to a new core system, including data migration and provides suggestions how to optimize existing business processes of the bank. Asseco also ensures the integration of Core Banking System into the existing infrastructure of the building savings bank.
Key Functionality
Management of building savings accounts, state subsidy evidence and processing
Evidence and processing of loan applications, approval process support, credit scoring
Loan management – intermediate loans, building savings loan, commercial loans, management and accounting of collaterals, complex administration of unpaid loansv
Payment system – clearing batch processing, encashment, postal orders, batch payments, interbank clearing (within a financial group)
Financial accounting – complex evidence of general ledger, on-line accounting, parameter ability, sophisticated system for automated daily, monthly a yearly reconciliations
Key Benefits
Maximal automation of all business processes brings productivity increase and decrease of personal costs that are necessary to cover operation in the bank
High degree of automation decreases frequency and probability of human mistakes and therefore saves costs for mistakes correction
High automation with high system throughput leads to time shortness for operation of client’s demands (e.g. shortness of time to preparing and approval client’s loan request)
Full integration with web portal eStarBUILD enables data input to the core banking using internet and it makes all information about client’s accounts easily reachable
References
Stavební spořitelna České spořitelny, a. s.
Prague, Czech Republic, Since 1994
Implementation core banking
Modrá pyramida stavební spořitelna, a. s.
Prague, Czech Republic, Since 2004
Replacement the previous core banking system ZEBUS, ABIT including data migration
Wüstenrot - stavební spořitelna, a. s.
Prague, Czech Republic
Wüstenrot hypoteční banka, a. s.
Prague, Czech Republic Since 2009 (core sale system), 2012 (core banking system)
Replacement the previous core banking system CICS and core sale system ADMA including data migration
Českomoravská stavební spořitelna, a. s.
Prague, Czech Republic, Since 2016
Replacement the previous core sale banking system IBP and core sale system IBP VU including data migration
