the close cooperation of leading international banks,
ABIS was designed with two goals in mind. The first was
to streamline and integrate the diverse operations of
financial institutions, and the second was to protect
existing technology and best practice investments and
provide for migration as operations develop and change.
This resulted in the modular design of ABIS enabling financial institutions to use only the components that are relative to their business. ABIS modules seamlessly integrate to allow users to share data throughout entire operations. Each module is structured to mimic existing work practices so users do not have to learn unnecessary processes. Real time updating from each of these individual modules allows banks to manage risks and set appropriate limits. And multi-level security and data checking protects today's most valuable investment - Information.
|As it is modular
in scope, ABIS allows institutions to define their
business and product processes. Centrally revolving
around a core set of information, ABIS modules and the
financial products supported within those modules allow
financial institutions to tailor applications to their
needs. This assists in streamlining the process by which
information is created, captured and used.
In addition, ABIS is platform and database independent, allowing institutions with existing hardware or software to easily use what is appropriate. Adherence to open architecture standards further protects technology investments, as does the use of standard communication protocols in order to transfer information within, into and from ABIS.
Because ABIS is both modular and scalable, it allows institutions to grow their information technology solutions as their business mix changes, whether it is a solitary Trade Finance operation or a regional Treasury operation. ABIS maximizes technology infrastructure so that financial institutions can concentrate on their core businesses.