IB SYSTEM OBJECT
IB SYSTEM OBJECT is a versatile CBS for banks of any size. The software suite fully meets the high standards of modern banking business and is deployed in major financial institutions in Russia and CIS countries.
The IB SYSTEM OBJECT CBS distribution packages are customised to the markets of Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Azerbaijan, Belarus and Moldova and meet the requirements of these countries’ national banks.
IB SYSTEM OBJECT supports banking business in the following areas:
- Corporate and retail banking
- Bank transactions in financial and stock markets
- Accounting and reporting
- Administrative and economic activities of the bank
- Corporate governance
- Islamic banking
IB SYSTEM OBJECT offers extensive functionality covering all the process automation needs of banks in today’s world. All system functionality is presented in the detailed applications catalogue. Each application automates a specific banking process. Today, the catalogue contains more than 2,400 applications.
This detailed functionality of the IB SYSTEM OBJECT CBS allows financial institutions to:
- Select a minimalistic IT solution configuration
- Quickly launch a new functionality in line with business needs.
IB SYSTEM OBJECT CBS applications by business areas
In terms of performance, the IB SYSTEM OBJECT system supports:
- 10,000 to 15,000 simultaneous users across different time zones
- 30,000,000 client accounts
- Serving over 10,000,000 clients
- Processing over 8,000,000 documents and 15,000,000 transactions per day
Investing in the technological upgrade of banks based on the IB SYSTEM OBJECT software suite allows financial institutions to address the following strategic objectives:
- Efficient technological support of the bank’s existing business areas and backing new ones
- Improving business efficiency and client service quality
- Creating a shared information space for the bank and a single environment for its financial document flow
- Executing banking transactions in strict compliance with the bank’s accounting policy and operating procedures
- Making effective management decisions
- IBSO or IBSO_3L can be used as a process platform for the IB SYSTEM OBJECT CBS