back to Platform
Managing the day-to-day operations of a bank, including bank accounts, cash, loans and providing customer service and support
Operations Solutions
Current Accounts
Use an efficient workflow to set up client accounts with personalised conditions, generate any type of statement periodically or on request, provide detailed balance and account entry information and service clients with modern cash pooling functionalities. Support of card management and safe deposit boxes (lockboxes)
Capabilities
Account Master Data
Efficient workflow from account number reservation with automatic IBAN calculation to account opening – manual or automatic on first use based on reference account — with flexible handling of special cases such as blocking
Real-Time Balances and Statements
Real-time balances by value date, booking date, trade date, clearing date incl. projected future balances for client and bank liquidity management – available through rest services to all other applications. Drill down on every entry. Also, flexible way to create statements for the clients
Interest & Fees
Interest and fee calculation (real-time and at closing dates) based on a highly flexible fee and interest model. Integration into tax module and accounting e.g. with daily accruals
Card Management
Flexible management of debit and credit cards including interfaces to issuers
Lock Boxes (Safe Deposit Box)
Clients can rent a lock box. Users gain overview over rentals, available boxes, fees charged and visits
Cashpooling & Reconciliation
Cashpooling and automatic currency conversion, integrated nostro and internal account reconciliation
Key Benefits
- Support full-featured current account operations at scale
- Support the business and manage risk through real time control and forecasts of liquidity
- Get real-time control of interests and fees via online calculations and daily accruals
- Reduce manual work thanks to cashpooling, automatic currency conversion and integrated nostro reconciliation
Credit & Loans
Record credit applications and transform them seamlessly into structured loans data, administer a wide range of structured limits and fees. Managing collateral, lombard loans, syndicated loans, trading limits and more. Monitor overdrafts and collaterals, provisions and reserves, and regulatory reporting
Capabilities
Credit Applications and Approval
Recording of credit application, integrate into an approval workflow and then automatically generate the loans data needed for administration. Produce necessary pre-contractual information for consumer loans
Loan Administration
Administration of credit master data including limits and drawdowns. Automatic handling of participants e.g. on syndicated loans. Fully flexible fee and commission calculation incl. kick-backs
Collateral Administration
All types of collateral -e.g. real estate or insurance policies – can be managed. Of course, also individual securities or whole safe custody depots, cash accounts or deposits can be pledged, and will be considered with the appropriate haircuts and concentration risk deductions. Collateral can be linked to loans in a highly flexible data model
Overdraft Management, Provisions, Reporting and Accounting
An integrated workflow allows for an efficient monitoring of all overdrafts and collateral shortfalls. Reserves and provisions can be administered and booked
Key Benefits
- Customize the credit application process to suit your approval processes
- Give flexibility to your business with a fine-grained administration of credit master data including limits, drawdowns, collaterals and fees
- Monitor credit risk and compliance by effectively managing the entire lifecycle of consumer loans
- Process loans with high automation, in a cost-effective manner and with reduced risk
FX & Treasury
Continuous STP trade and post-trade processing with real-time position keeping and analysis, supporting a seamless treasury workflow and online monitoring
Capabilities
Order Entry, Trading and Realtime Position Management
Trade workflow for client advisors and trading desk for FX, Precious metals, MM, FX Options and interest rate derivatives (IRS, CRS, FRA, Interest rate Options), interfaces to quote and dealing systems (Reuters, UBS, 360T), Realtime position keeping in a flexible portfolio structure
Settlement
Settlement and payment process including bilateral and multilateral netting, realtime production of advices, matching of counterconfirmations
Risk and Regulatory
Realtime counterparty limits ; risk monitoring and Regulatory reporting
Key Benefits
- Enable the capture of all kinds of FX and MM trades
- Meet all operations requirements with real-time post-trade processing covering the entire trade lifecycle
- Stay in control with real-time analysis and monitoring of positions and counterparties
Finance & Controlling
Integrated General Ledger or interface to other industry standard ledgers; freely definable account structure, chart of accounts and booking rules; multiple balance sheet sheets and flexible reporting possibilities; providing rich information for state-of-the art financial controlling
Capabilities
Booking Engine
Freely configurable account structure, chart of accounts and freely configurable booking rules
General Ledger
Multicurrency with different balance sheet structures (local GAAP, IFRS), account statements, profit centers and profit center/cost allocations
Controlling
Supplying data for the lexible management of budgets, profit and cost centers, profit center reporting and anaysis
Key Benefits
- Be free to design your booking account structure and rules to fit your business needs
- Pick the balance sheet structures and management control policies that best serve your business
- Obtain valuable business insights from the flexibility of financial reporting structures
Tax
Full and automatic tax calculation and tax reporting to clients and authorities, according to the tax regulations of several European countries, including full support of UK CGT calculations, German Abgeltungssteuer and Italian Tax regime
Capabilities
Germany – Tax Calculation
Complete system to calculate the German Abgeltungssteuer on all different products, and also provision the required year end reporting
USA – Tax Calculation
Calculation of (backup) withholding tax for US titles, complete FATCA reporting including rules-based classification of the clients; creation of 1042 and 1099 reporting to US IRS
Italy – Tax Calculation
All Italian tax calculations – for self declaration, for advisory mandates and for discretionary mandates, are fully covered, including complete year end reporting
Austria – Tax Calculation
Austrian KEST is calculated based on average cost, and also taking into consideration all regulations for old positions
Belgium – Tax Calculation
The Belgian taxes on trades – both the TOB and the fund TIS – are calculated, and approprate reports produced
UK – Tax Calculation
Tax database compliant to CGT legislation for accurate calculation of chargeable gains and allowable losses. What-If future liability analysis allows CGT implications in modelling and asset allocation processes
Luxembourg – Tax Calculation
The Luxembourg savings tax is withheld for Luxembourg tax residents
Switzerland – Tax Calculation
The Swiss Verrechnungssteuer as well as stamp duty / exchange duty are calculated, and a consolidated tax reporting is produced
European Taxes and Other Countries
The platform calculates the FTT in the local implemention of some EU states. It also produces the full OECD-CRS reporting. For clients the process of tax reclaim (e.g. Swiss taxes withheld for German clients) is supported directly in the platform as well as with interfaces to third-party providers
Key Benefits
- Reduce risk of tax compliance via full and automatic tax calculations for all products and types of corporate actions
- Fully support your clients via full administration of tax exemptions and tax balances for private clients or businesses
- Expand your operations via country-specific tax calculations and reclaims
- Satisfy clients’ tax reporting needs with a trusted tax reporting solution
Cash & Payments
Seamless integration into the loans and treasury system provides for efficient workflows, while the payments system supports STP prcoesses for for international and RTGS payments and full SEPA payment and direct debit functionality. Also fully supports the cash desk
Capabilities
Cash Desk
Allowing for efficient cash service to the clients
Payment Master Data and Automation
Management of client payments is automised by a highly flexible fees engine, rich standing order functionality and the full integration into the central loans/limits system and client output management. FX positions are seamlessly managed by the integration into the treasury system. These components together with the complete BIC/TARGET master data enriched by SSIs are the basis of high STP rates
International Payments
Full support of SWIFT MT and MX payments completely adhering to SWIFT CBPR standards provides the assurance that all client payments are handled efficiently and fully compliant with industry best-practices
Target2
State-of-the Art processing of Target2 messages
SEPA Mass/Instant Payments and Direct Debits
Full support of SEPA payments, Sepa B2C and B2B direct debits, cheque and card clearing, and instant payments
UK Payments
Both CHAPS and BACS are fully supported
Sanctions List, AML and Regulatory Compliance
Full assurance of compliance via interfaces to specialist systems
Key Benefits
- Increase payments precision with online availability checks, up-to-date rates and standing settlement instructions
- Process large volumes of payments in a cost-efficient manner with highly automated processing
- Extend support to your clients’ payment needs of with full SEPA SWIFT and local payments functionality and connectivity
Regulatory & Transaction Reporting
Produce all data for regulatory authorities, prcoess transaction reporting directly to transaction register or regulatory hub, be fully compliant with AML/Sanction Lists/Market Abuse Directives
Capabilities
Regulatory Reporting
Provide the data for regulatory reporting in Germany, Austria, Switzerland, Luxembourg, Belgium, Netherlands, Italy, UK
Transaction Reporting
Direct reporting to regulatory hubs
AML/Sanction Lists/Market Abuse
Full compliance is ensured by interfaces to specialist systems
Key Benefits
- Satisfy any regulatory reporting need via flexible data export, preconfigured for country-specific requirements
- Ensure regulatory reporting compliance with direct production of requested reports
- Instantly acquire out-of-the-box compliance with transaction reporting
Current Accounts
Current Accounts
Use an efficient workflow to set up client accounts with personalized conditions, generate any type of statement periodically or on request, provide detailed balance and account entry information and service clients with modern cash pooling functionalities. Support of card management and safe deposit boxes (lockboxes)
Capabilities
Account Master Data
Efficient workflow from account number reservation with automatic IBAN calculation to account opening – manual or automatic on first use based on reference account — with flexible handling of special cases such as blocking
Real-Time Balances and Statements
Real-time balances by value date, booking date, trade date, clearing date incl. projected future balances for client and bank liquidity management – available through rest services to all other applications. Drill down on every entry. Also, flexible way to create statements for the clients
Interest & Fees
Interest and fee calculation (real-time and at closing dates) based on a highly flexible fee and interest model. Integration into tax module and accounting e.g. with daily accruals
Card Management
Flexible management of debit and credit cards including interfaces to issuers
Lock Boxes (Safe Deposit Box)
Clients can rent a lock box. Users gain overview over rentals, available boxes, fees charged and visits
Cashpooling & Reconciliation
Cashpooling and automatic currency conversion, integrated nostro and internal account reconciliation
Key Benefits
- Support full-featured current account operations at scale
- Support the business and manage risk through real time control and forecasts of liquidity
- Get real-time control of interests and fees via online calculations and daily accruals
- Reduce manual work thanks to cashpooling, automatic currency conversion and integrated nostro reconciliation
Credit & Loans
Credit & Loans
Record credit applications and transform them seamlessly into structured loans data, administer a wide range of structured limits and fees. Managing collateral, lombard loans, syndicated loans, trading limits and more. Monitor overdrafts and collaterals, provisions and reserves, and regulatory reporting
Capabilities
Credit Applications and Approval
Recording of credit application, integrate into an approval workflow and then automatically generate the loans data needed for administration. Produce necessary pre-contractual information for consumer loans
Loan Administration
Administration of credit master data including limits and drawdowns. Automatic handling of participants e.g. on syndicated loans. Fully flexible fee and commission calculation incl. kick-backs
Collateral Administration
All types of collateral -e.g. real estate or insurance policies – can be managed. Of course, also individual securities or whole safe custody depots, cash accounts or deposits can be pledged, and will be considered with the appropriate haircuts and concentration risk deductions. Collateral can be linked to loans in a highly flexible data model
Overdraft Management, Provisions, Reporting and Accounting
An integrated workflow allows for an efficient monitoring of all overdrafts and collateral shortfalls. Reserves and provisions can be administered and booked
Key benefit
- Customize the credit application process to suit your approval processes
- Give flexibility to your business with a fine-grained administration of credit master data including limits, drawdowns, collaterals and fees
- Monitor credit risk and compliance by effectively managing the entire lifecycle of consumer loans
- Process loans with high automation, in a cost-effective manner and with reduced risk
FX & Treasury
FX & Treasury
Continuous STP trade and post-trade processing with real-time position keeping and analysis, supporting a seamless treasury workflow and online monitoring
Capabilities
Order Entry, Trading and Realtime Position Management
Trade workflow for client advisors and trading desk for FX, Precious metals, MM, FX Options and interest rate derivatives (IRS, CRS, FRA, Interest rate Options), interfaces to quote and dealing systems (Reuters, UBS, 360T), Realtime position keeping in a flexible portfolio structure
Settlement
Settlement and payment process including bilateral and multilateral netting, realtime production of advices, matching of counterconfirmations
Risk and Regulatory
Realtime counterparty limits ; risk monitoring and Regulatory reporting
Key benefit
- Enable the capture of all kinds of FX and MM trades
- Meet all operations requirements with real-time post-trade processing covering the entire trade lifecycle
- Stay in control with real-time analysis and monitoring of positions and counterparties
Finance & Controlling
Finance & Controlling
Integrated General Ledger or interface to other industry standard ledgers; freely definable account structure, chart of accounts and booking rules; multiple balance sheet sheets and flexible reporting possibilities; providing rich information for state-of-the art financial controlling
Capabilities
Booking Engine
Freely configurable account structure, chart of accounts and freely configurable booking rules
General Ledger
Multicurrency with different balance sheet structures (local GAAP, IFRS), account statements, profit centers and profit center/cost allocations
Controlling
Supplying data for the lexible management of budgets, profit and cost centers, profit center reporting and anaysis
Key benefit
- Be free to design your booking account structure and rules to fit your business needs
- Pick the balance sheet structures and management control policies that best serve your business
- Obtain valuable business insights from the flexibility of financial reporting structures
Tax
Tax
Full and automatic tax calculation and tax reporting to clients and authorities, according to the tax regulations of several European countries, including full support of UK CGT calculations, German Abgeltungssteuer and Italian Tax regime
Capabilities
Germany – Tax Calculation
Complete system to calculate the German Abgeltungssteuer on all different products, and also provision the required year end reporting
USA – Tax Calculation
Calculation of (backup) withholding tax for US titles, complete FATCA reporting including rules-based classification of the clients; creation of 1042 and 1099 reporting to US IRS
Italy – Tax Calculation
All Italian tax calculations – for self declaration, for advisory mandates and for discretionary mandates, are fully covered, including complete year end reporting
Austria – Tax Calculation
Austrian KEST is calculated based on average cost, and also taking into consideration all regulations for old positions
Belgium – Tax Calculation
The Belgian taxes on trades – both the TOB and the fund TIS – are calculated, and approprate reports produced
UK – Tax Calculation
Tax database compliant to CGT legislation for accurate calculation of chargeable gains and allowable losses. What-If future liability analysis allows CGT implications in modelling and asset allocation processes
Luxembourg – Tax Calculation
The Luxembourg savings tax is withheld for Luxembourg tax residents
Switzerland – Tax Calculation
The Swiss Verrechnungssteuer as well as stamp duty / exchange duty are calculated, and a consolidated tax reporting is produced
European Taxes and Other Countries
The platform calculates the FTT in the local implemention of some EU states. It also produces the full OECD-CRS reporting. For clients the process of tax reclaim (e.g. Swiss taxes withheld for German clients) is supported directly in the platform as well as with interfaces to third-party providers
Key benefit
- Reduce risk of tax compliance via full and automatic tax calculations for all products and types of corporate actions
- Fully support your clients via full administration of tax exemptions and tax balances for private clients or businesses
- Expand your operations via country-specific tax calculations and reclaims
- Satisfy clients’ tax reporting needs with a trusted tax reporting solution
Cash & Payments
Cash & Payments
Seamless integration into the loans and treasury system provides for efficient workflows, while the payments system supports STP prcoesses for for international and RTGS payments and full SEPA payment and direct debit functionality. Also fully supports the cash desk
Capabilities
Cash Desk
Allowing for efficient cash service to the clients
Payment Master Data and Automation
Management of client payments is automised by a highly flexible fees engine, rich standing order functionality and the full integration into the central loans/limits system and client output management. FX positions are seamlessly managed by the integration into the treasury system. These components together with the complete BIC/TARGET master data enriched by SSIs are the basis of high STP rates
International Payments
Full support of SWIFT MT and MX payments completely adhering to SWIFT CBPR standards provides the assurance that all client payments are handled efficiently and fully compliant with industry best-practices
Target2
State-of-the Art processing of Target2 messages
SEPA Mass/Instant Payments and Direct Debits
Full support of SEPA payments, Sepa B2C and B2B direct debits, cheque and card clearing, and instant payments
UK Payments
Both CHAPS and BACS are fully supported
Sanctions List, AML and Regulatory Compliance
Full assurance of compliance via interfaces to specialist systems
Key benefit
- Increase payments precision with online availability checks, up-to-date rates and standing settlement instructions
- Process large volumes of payments in a cost-efficient manner with highly automated processing
- Extend support to your clients’ payment needs of with full SEPA SWIFT and local payments functionality and connectivity
Regulatory & Transaction Reporting
Regulatory & Transaction Reporting
Produce all data for regulatory authorities, prcoess transaction reporting directly to transaction register or regulatory hub, be fully compliant with AML/Sanction Lists/Market Abuse Directives
Capabilities
Regulatory Reporting
Provide the data for regulatory reporting in Germany, Austria, Switzerland, Luxembourg, Belgium, Netherlands, Italy, UK
Transaction Reporting
Direct reporting to regulatory hubs
AML/Sanction Lists/Market Abuse
Full compliance is ensured by interfaces to specialist systems
Key benefit
- Satisfy any regulatory reporting need via flexible data export, preconfigured for country-specific requirements
- Ensure regulatory reporting compliance with direct production of requested reports
- Instantly acquire out-of-the-box compliance with transaction reporting
