Product Profile

ISYS BEST (Banking Efficiency Software Tool)

ISYS

First Release Date: 19.01.2016

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Language Support:

United Kingdom

Technology Category: Banking Core Banking

Screenshots

Product/Service Description

BEST is a complete banking suite covering all functionalities from back to middle and front office, data warehouse included, guaranteeing long-term profitability. BEST allows managing simultaneously and automatically operativity and consolidated balance sheets of more companies and subsidiaries regardless of their structures and relationships.

Customer Overview

Total Number of customers undisclosed

Customer Size Large Enterprise , Medium , SMB

Customer Type Central Banks , Commercial Banks , Corporates , Investment Banks

Target Market Europe

Specific georgaphical coverage Switzerland

Pricing Model The product is offered as software licence, with recurrent maintenance fee (corrective, adaptative, evolutive maintenance services available) or in outsourcing mode with a monthly fee based on processed volumes. In both cases a set up project is required.

Demo & Case Study Urls

Features

Core banking functions (product, instrument, client registrers, treasury, transactions, audit and security, general ledger, etc.)
Portfolio & asset management, Risk management
Derivatives, Credits & Trade Finance
Telecommunication (financial messaging, eg. swift, sic, etc., settlement and reconciliation included)
Client workflow management (central register, contracts generation, compliance & anti money laundering, CRM)
Internet Banking (enquiry, documentation, payment and stock exchange orders)

Benefits

The full automation to all business transaction flows to improve efficiency by reducing time, costs and risks.
The full multiple currency accounting and reporting.
Full parameterization enables setting customized processes without source code modifications and creating new functionalities with minimum effort.
The wide choice of available integrated modules and interfaced third party systems allows the clients to implement the tailor-made solution they need, containing the overall licence and implementation costs.
A fully multilingual system

Platform & Workflow

Server OS Windows Server

Workstation OS Linux , Mac , Unix , Windows

Programming Language and API Java

SetUp and Installation Options undisclosed

Deployment Period undisclosed

Reporting Capabilities BEST allows defining several internal control indexes to monitor the counterpart and transaction risks. BEST records all the information relevant to each transaction for full audit activity.

Security Options Special data encrypting functionalities, combining solid cryptography algorithms with smart card technology, allow increasing the overall security of the stored confidential information. BEST also implements some automated rules of transaction control pro

The product/service compliant with the following regulatory standards Basel II/III , IFRS