Overview
HORIZON Financial Software Corporation, a company that was formed in 1987 through a management buyout of the financial software division of branch automation specialist, Systeme Corporation. FIS’s predecessor company Systematics acquired HORIZON in July of 1990, two months after Systematics itself had been acquired by Alltel Information Services.
HORIZON was developed utilizing the RPG-IV programming language and runs on IBM’s Power Systems mid-range hardware. The IBM Power Systems is a time-tested hardware platform with more than 30 years of success supporting businesses around the world and has been updated over time to support current technologies including server virtualization (allowing other operating languages to be run in addition to the platform’s native operating system).
Key Features
HORIZON is deeply integrated core banking solution that covers a wide range of account processing applications that range from deposits to mortgages to commercial loans. The system also includes an integrated ACH module, a debit/ATM card application, commercial account analysis, a robust general ledger application, a collections application for both loans and overdrawn deposits, a construction project management application, a commitment application, a deposit origination set of services, and a deeply integrated teller application. HORIZON is accessed through a modern HTML5 user experience that goes from branch desktops to remote using laptops, iPads and similar HTML friendly tablet devices.
Key Benefits
With a strong core with many integrated applications, HORIZON can provide a robust set of functionality in and of itself. HORIZON is pre-integrated with other FIS solutions including a wire solution, internet banking for consumer and commercial accounts, bill pay debit and ATM processing, and many more pre-integrated solutions. Using FIS’s Code Connect APIs or XChange middleware, banker can easily integrate a wide array of bank chosen solutions.