After establishing the core set of data, transactions are created and monitored. Each of the transactions created by a user draws upon the common core data elements, including counter-party and client names, rates and fees. But because ABIS is a flexible approach to banking, this information can be modified as transactions are created. Thus, if a client has been given a preferential fee or rate for a specific transaction, global defaults can be overridden as the transaction is created. ABIS breaks transactions down into a variety of modules, but certain types of transactions can be linked across modules as needed. For example, hedging a loan allows a user to input currency or interest rate options using a linked transaction reference.



 

ABIS provides a series of modules designed to assist the bank with their corporate banking activities. These include:

Trade Finance
Commercial Lending
Securities
Cash Management
International Treasury

Bank staff and management can optimize the performance of these modules, setting default fees and rates
 
and then customizing them by client or transaction. Staff can also view the banks historical and current relationship with clients, identifying other opportunities and managing risk through ABIS's reporting or risk management features.




International trade has been the foundation for international finance for centuries. An efficient trade finance operation helps the bank to service its customers needs and to produce a profitable product line for the bank.

ABIS's Trade Finance module assists the bank's relationship and business with their clients. Supporting the full range of trade finance products, both on the issuance and advising side, as well as guarantees, negotiations and collections, ABIS further allows the bank to extend pre-export and acceptance financing. ABIS's Trade Finance module is tied into SWIFT, which allows for the automatic processing of inbound and outbound items.

Because the relationship with every client is both important and different, ABIS enables the bank to either use default fees or rates, or to set them individually by client or transaction. Similarly, individual limits can be set by client to protect against exposure. Management can pull up detailed histories of transactions, query items by status, maturity, commission, etc., automatically output reimbursement statements and associated documents and cross check L/C's purchased against reimbursement and export notices.



ABIS's Commercial Lending applications assist the bank in managing finance packages to their clients. Whether single term fixed loans, or multi-party syndicated transactions, bank staff can easily manage user defined loan types will minimizing risk and exposure.
As the relationship with a client can change over the course of a transaction, ABIS allows interim and partial repayments, rollovers, and additional interest calculations. In addition, when integrated with ABIS's Limit management program, a greater degree of control on the risk of certain clients can be maintained.




Because innovation is important in international finance, ABIS's Securities module allows the bank to define the types of securities it is dealing in. 
Whether primary or secondary market trading, ABIS covers discount, fixed or floating rate securities. Some features include: 



Automatic monthly calculation of accrued interest based upon market value update of     portfolio.
Partial or full disposal of securities.
Monthly transaction history reports.
Query/Report by customer, credit status and country of exposure.
Periodic re-evaluation of investment portfolios.
Ability to easily mark portfolios to market.

ABIS also handles the ability to create call and put options on a transaction, providing total flexibility.




As banks try to generate both fee and non-fee income, ABIS also includes a Loan and Securities Agent module for use by institutions in the business. Designed to simplify the complex, ABIS's Agent modules assist the process of tracking a multi-lender, multi-borrower transaction. Pulling information from the core elements, ABIS's Agency program enables agents to easily create transactions, initiate disbursements and receive payments, set interest and fees, communicate with all parties of the transaction, establishing interest and repayment schedules. Pre-formatted notices and advices make communication with the principles and borrowers efficient. And as it is integrated with ABIS's SWIFT module, disbursements and receipts are easily handled.




As in all businesses, appropriate management of cash is crucial to survival. The proper management of cash, both internally for the bank and for its clients, is of paramount importance. ABIS's cash management functions allow not only for the processing of payments and receipts, but also assists the bank in managing its own cash through items such as Nostro Account reporting and GAP analysis.



Today's international treasury marketplace continues to grow more complex as institutions strive to develop products and strategies to maximize profits and reduce risks. ABIS's International Treasury module is designed to manage the banks capital markets transactions, from standard Foreign Exchange and Money Market operations to more exotic Swaps and options.


ABIS's Money Market modules allow for the placement or borrowing of currencies. These can range from overnight deposits or placements to fixed term contracts. Contracts can be rolled over automatically by the bank as needed.




ABIS allows for a large range of foreign exchange instruments, including Spot transactions, Forwards and Swaps. ABIS also supports FRA's, Interest Rate Swaps as well as Currency and Interest Rate Options.




To assist with these activities, ABIS's International treasury modules can easily interface with our SWIFT module, allowing for the automatic generation of payment instructions, confirmations and reconciliations. As ABIS's accounting module handles transactions by exception, it is easy to spot errors and unsettled transactions.




Data creation is one of the significant costs an organization absorbs in its day to day business. Part of the ABIS way is to push the cost of creation out to the parties responsible for it. ABIS ebs is the electronic banking component for the ABIS system. It allows bank clients to create information that is transmitted to the ABIS system for further processing. It also provides bank clients with a method to inquire as to status and balances of transactions and accounts, further reducing the banks cost of customer service. ABIS ebs handles Customer account information, Trade Finance applications, Customer lending, payments and fee and interest inquiries. It enables the bank to increase its customer service and responsiveness while reducing its cost.




 

 



Knowing your customers' needs and being able to provide them with solutions is important for survival in today's competitive environment. In order to provide additional support and functionality, ABIS supports a variety of additional modules that help a bank's relationship with their clients. These include a customer management module, showing transactions from across the ABIS platform, as well as retail lending, current/checking and savings applications.



ABIS assists banks in their relationship with clients by providing a full-service current/checking account application. Multi-currency capability allows banks to open current/checking accounts in currencies as needed. In addition, ABIS's Current/Checking account handles overdraft charges, credit interest, stop payments, Checkbook management, tax and other charges or fees. In addition, predefined Customer advices allow for automatic communication of important data with clients, both using mail or fax. In addition, ABIS automatically checks limits during transaction entry, thereby eliminating unauthorized overdraft transactions.




In order to assist clients in handling excess cash on a short-term basis, ABIS provides a standard Savings Account module in its Retail Banking Application. Multiple Currency Accounts can be managed under ABIS, allowing bank staff to query a client's overall deposits or view detailed information concerning an individual account. Linked to a passbook printer, ABIS's Savings Account keeps the client's records up to date on the spot.




To provide additional flexibility and functionality to client relations, ABIS also includes a time deposit module for the placement of cash on a fixed term basis. Interest is automatically accrued and the account can be rolled over with ease, eliminating the need to cancel and re-issue a contract.




ABIS's retail solutions also provide a loan module for personal lending. This includes mortgages, lines of credit and other lending facilities. These lines can be secured or unsecured, and can utilize ABIS's limit management functions to consolidate and manage risk.




Relationships with clients are important in today's environment. To assist banks with the management of accounts, ABIS provides a Customer management program. The customer management program allows banks to look at their business with a client, assessing total balances and unused services. This facility helps banks to unearth potential business opportunities, so that they may better serve their clients.


 


| Design Philosophy | ABIS Structure | Core Elements | Transactions | Repositories | | Each of Modules | Product Features |