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Product Profile

ISYS BEST (Banking Efficiency Software Tool)

First Release Date:
Language Support:
GB
Technology Category: Banking Core Banking

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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 geographical coverage Switzerland
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

Connectivity, Hosting and Integration

Hosting Option Inhouse
Hosting provider undisclosed
Devices Supported Windows
Compatibility with Database Management System (DBMS) IBM DB400, IBM DB2UDB, Oracle, PostgreSQL, MS SQL Server
Third party integration Reuters Order Routing, SUNReport®, BearingPoint FiRE®, BearingPoint FiTAX®, ZPS Forfaiting®

Support Services

Support Option Online Support, Phone Support
24/7 Help Desk support

Branches

Support Location 1
Country Switzerland
Address    10 Quai du Seujet 1201, Genève
Phone 0041 58 307 05 00
Email info@isys.ch
Website www.isys.ch

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