IB SYSTEM OBJECT
IB SYSTEM OBJECT is a comprehensive Core Banking System (CBS) designed to support banks of various sizes and business models. The solution provides a robust technology platform for automating core banking operations and business processes and is widely deployed across major financial institutions in Russia and the CIS.
IB SYSTEM OBJECT CBS distribution packages are adapted to the banking markets of Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Azerbaijan, Belarus, and Moldova and comply with the requirements of the respective national banks.
IB SYSTEM OBJECT supports banking operations in the following areas:
- Corporate and retail banking
- Banking operations in financial and securities markets
- Accounting and reporting
- Administrative and operational activities
- Corporate governance
- Islamic banking
IB SYSTEM OBJECT provides extensive functionality covering the key requirements for the automation of modern banking processes. The full range of system functionality is presented in a detailed application catalogue, where each application is designed to automate a specific banking process. The catalogue currently includes more than 2,400 applications.
The comprehensive functionality of IB SYSTEM OBJECT CBS enables financial institutions to:
- Select an optimal system configuration based on their specific requirements
- Quickly implement new functionality in line with evolving business needs.
IB SYSTEM OBJECT CBS applications by business areas
Performance and Scalability
IB SYSTEM OBJECT is designed to support high transaction volumes and large-scale banking operations, including:
- 10,000 to 15,000 concurrent users across multiple time zones
- Up to 30 million client accounts
- More than 10 million clients
- Over 8 million documents and 15 million transactions processed daily
Investing in the technological modernization of banks based on the IB SYSTEM OBJECT software suite enables financial institutions to achieve key strategic objectives:
- Efficiently support existing banking operations while enabling the rapid launch of new business lines
- Improve operational efficiency and enhance the quality of customer service
- Establish a unified information environment and centralized platform for the bank’s financial document workflow
- Ensure that banking transactions are performed in accordance with the bank’s accounting policies and established operating procedures
- Provide timely and reliable information to support effective management decision-making
- Use IBSO or IBSO_3L as the process platform for the IB SYSTEM OBJECT CBS