Overview
KORDOBA CORE24 is an integrated complete solution for the entire processing of financial transactions in loan and deposit banking using all channels of distribution. The core banking system allows for a simple integration of external systems via open interfaces, as well as a standardized connection with partner products.
Key Features
BASIC SYSTEM
- Using links, bank-specific objects such as customer - account are connected
- Flexible authorization models and role models
- Revision-secure journals: The system documents all processes with date, time and username / account manager's name
- Requirements from money laundering regulations
- Administration of zip codes
- Account number administration including account number validity check
- Flexible product configurator (online)
- Multi-currency and multi-lingual capability
- Multi-client capability
- Modern, ergonomic browser-based interface
- Highly available, platform-independent core banking application
- Scalability
- Guaranteed further development
- Core banking as ASP solution
Our base system supports the proper operation of the single KORDOBA products. It makes the connection between the products and the components of the operating system platform.
We provide central service functions, such as:
- Databank access
- Handling of reports
- Procedure protocol
- Data communication
The business functions of our basic system offer:
- Flexible authorization check
- Realization of regulations from the money laundering act
- Management of bank identification codes
- Total exposure
KORDOBA logs all business transactions and data so that you have access to an end-to-end, continuous business documentation.
Basic System - Personal Data
All information of customers and non-customers at a glance!
- Divided according to business units: - Master data - Shipment details - Mail address - Legitimation - Rating according to BASEL II
- Predefined roles for natural and legal persons: - Account owner - Joint account owner - Authorized signee - Guarantor - Affiliated group
KORDOBA Core24 Posting System
In the posting system, account management, booking of account transactions in the loan and deposit banking as well as all functions within the daily closure are processed.
- Loan Transactions Annuity loans, amortization loans, instalment credits
- Deposit Transactions Call money / term deposits, special savings forms / VWL, savings bonds
- Product Design Product definition using the product configurator
- Interest and Fee Calculation
- Account Basis
- Earnings data, maturities, payment details
- Payment Transactions Link to S.W.I.F.T. and other clearing networks
- Global Contract Credit limit and disposition functionality on customer and affiliate levels
- Customer Reporting Central generation of customer and account information
Key Benefits
- Simple and fast migration
- Efficient transaction management in real time
- Fast reaction to market changes
- Individual configuration of the product offer
- Uniform system also suitable for branches abroad
- Investment protection and reduction of operating costs
- Less capital commitment through variability of hardware and software implementation
With its core banking solution FIS KORDOBA offers a modern, future-proof and inexpensive application: