With the speed of technological change, applications
by default must be flexible enough to accommodate a wide
variety of technical operating requirements while
retaining their ability to add value to the business
cycle. ABIS meets this challenge by being both platform
and database independent, allowing financial institutions
to leverage their technology investments.
ABIS is a scalable mix of applications, allowing
solutions for multi-branch, multi-company operations to
single, standalone ones. And as it is a Windows-based
product, ABIS provides for intuitive learning and
processing through a common, workflow format.
Created around a core set of modules, ABIS shares
information throughout the program. Because of this
design, data can be accessed within a module for queries
and reports or from a system standpoint providing global
information. All transactions are checked and validated
through ABIS's data definition rules, assuring proper
handling of data by the system and reducing entry errors.
Back office processing can consume a great amount of
both time and resources within any financial institution.
The goal is to minimize effort and expense needed to
carry out these critical functions. All transactions
within ABIS are integrated both with settlement systems
such as SWIFT as well as with a ledger system for
management and reporting information. Common information
is centrally stored, protected and accessed. Daily close
cycles have been reduced to minutes as opposed to hours
through automatic processing of transactions. When data
entry errors occur, ABIS provides tools to easily errors.
Security of financial information is a key concern of
all institutions. ABIS protects your data through a
variety of methods. Data tables are themselves encrypted
and protected so that no unauthorized access can occur
outside of the system. User authorization and password
accounts guarantee that appropriate parties perform the
appropriate functions. Individual users can be given
access to only certain programs, and their authorization
within those programs can also be determined
individually. A detailed authorization and approval
process provides protection against unauthorized
transactions by requiring additional approval before a
transaction can be posted or settled. Financial
institutions can establish their own checks and balances
to secure their data and their institution.
ABIS's client/server features include an intuitive
Graphical User Interface to speed data entry and reduce
learning curves. Modules are structured around workflows,
starting with transaction set-up, payments and
re-payments and interest and fee calculations. Users have
the option of using menus, hot-keys or program numbers to
move directly to the information they need. ABIS operates
on all of the standard client operating systems,
including Windows 3.x, 95, 98 and Windows NT.
ABIS's design allows for an easy installation
process. After consultation with the financial
institution, selected modules are configured and
installed. Static data, including the Chart of Accounts,
Customer and Bank Information, transaction types and
fees, are initially created prior to installation but
then added to or modified by bank staff. And because
customizing is easy, financial institutions have the
ability to redefine transaction structures. In addition,
data in existing formats can be uploaded into ABIS in
order to provide historical and operational continuity
while greatly increasing the functionality available.
To provide with greater manipulation, transaction and
reporting information can be export to popular analysis
programs. In addition, ABIS features a report generator
that can be used to access information as needed by the
ABIS's design ensures internal data integrity in
relation to the Year 2000 issue. Date information is kept
in four digit years so information is not misconstrued.
Two digit entry of dates default to the current century,
or for the 20th century, 19xx, and for the 21st century
20xx. In addition, ABIS's internal calendar correctly
determines leap years, calculating the appropriate
business days for countries around the world.
| Design Philosophy | ABIS Structure | Core Elements | Transactions | Repositories | | Product Details | Product Features |