Retail Banking system

ANNOUNCEMENT OF RETAIL BANKING SYSTEM OF THE NEW GENERATION MS-RETAIL

The LLC "Metasoft" has the honor to introduce the newest centralized system of retail banking service for the population called "MS-Retail", based on the most recent information standards and world tendencies of banking technology development.

"MS-Retail" represents complex and self-sufficient system on provision of services to private customers. "MS-Retail" allows covering the whole product line and operation set on service to private customer, taking the load off the automated banking systems (ABS).

"MS-Retail" being delivered by modules contains the following functionality:

• Core of the System (accounts, customers, contracts, tariffs, operations). Module is obligatory for purchase.
• Cash service. Module is obligatory for purchase.
• Deposit module.
• Credit module.
• Module of non-commercial operations.
• Payments.
• Internet-banking.
• Safes.
• Report generation module
• Interfaces to ÀÁÑ, analytic system of the Bank, card back-office.
• Interface with front-office system (on separate contract).

"MS-Retail" possesses high-capacity core, which takes all back-office functions, including proper accounting system, general ledger, and dynamic maintenance of several charts of accounts. This core was developed for multifunctional banking system, what allows it to be compatible with the main accounting system of every Bank. From the accounting point of view "MS-Retail" can be applied as processing instrument of out-of-balance branch (out-of-balance branches of multi institutional Bank), keeping subset of analytical and synthetic accounts of the corresponding chart of accounts and being integrated into the main accounting system through the mechanism of accounting transaction export and import.

In view of program environment "MS-Retail" is performed as centralized system of data (centralized depository), as well as their processing (centralized processing). In its multi outlet version "MS-Retail" allots separate data segment to every outlet by application of the mechanism for data segregation. Such mechanism allows keeping centralization of product and operation environment, as well as information about counterparties.

"MS-Retail" implements the highest scaling level, allowing working with huge customer data base from 100 thousand to 10+ million, simultaneously making from 5 to 50 million payment transactions per 24 hours with regard to server capacity.

Mode of "MS-Retail" operation is 24 hours (true 24x7) without the necessity to stop for the performing of schedule procedures.

"MS-Retail" system, including its core, is created on the basis of the most recent industrial IT platform J2EE of Oracle Company (OAS - Oracle RDBMS), and may be installed under other industrial application servers (WEB SPHERE, WEB Logic,..) and data bases (DB2, MSSQL). The system is delivered with the instrument for the development of proper products, operations and reports by means of interface for business applications BAPI (Business Application Programming Interface) on the basis of scripting language Java Script. Such approach allows creating new products independently and minimizing average time for their launch at the market up to one week. Such functionality is indisputable advantage on fast-changing banking market.

"MS-Retail" system allows centralizing financial management within the limits of sole profitability center. It gives the possibility to control the parameters of the whole system functioning from the unified center, providing common technological and operational space for the whole network.

The basis for program product "MS-Retail" is composed by the formalized description of business processes (IRIS, AllFusion Process Modeler), being reflected in program code and testing system. It is a synchronously developing system ("business processes" - "executable code" - "testing complex"), which gives the opportunity to control correspondence between constantly changing business processes and the system and continuously develop self-testing environment. Such functionality simplifies the procedure of product modification and minimizes risks connected with the so-called "upgrades" of the system.

Our specialists will together with the specialists of your Bank conduct re-engineering of business processes, adapt service regulation and accounting policy at necessity.

Together with Bank specialists we will develop security policy for Internet banking channel, which will be synchronized with the legislature and inner security policy of the Bank. We will assist in the integration of electronic digital signature and certified security algorithms.

Our offer for large corporate customers is to create joint venture for the system follow-up, introduction of Helpdesk service, trainings on system functioning and also for making assessment and qualification tests.

Nowadays the Company Metasoft Ltd is developing a project for one of the TOP-15 banks of Ukraine.

You can download information about the project here:

	Head-notes to the banking system of new generation
	Brief description of retail banking system MS-Retail
	Business architecture of retail banking system MS-Retail
	Retail banking system MS-Retail. Technical & functional specifications.on request.