Business Automation

Being the first private sector Bank of the country, your Bank has prided itself in the quality of the banking services it provides by taking conscious decision to employ the best available banking technology to serve the customers which now stands over 200,000 in all. Core Banking System Kapiti was employed along side the manual banking operations ever since 1984. Later on in the year 2004, Misys core banking solution was selected for implementation to take AB in to super highway of real time online banking of today. Beginning, 2005 Misys implementation was taken-up and in the 1st Phase seven (7) Branches were upgraded to the new core banking system.

For the year 2006, in line with the growth strategy, service quality improvement and availability were put into focus whereupon coverage of remaining Branches under Misys became all the more important. Bank took up a massive Project of migration, connectivity and standardization of processes and hardware throughout. A CORE TEAM was formed. The theme was YES WE CAN. We made it possible.

Rolled Out Branches

Software products from Misys PLC (Running)

Core Banking Software: Equation Banking System
Misys Equation is a fully integrated, real-time, multi-currency retail banking solution that helps organisations deliver competitive products and excellent service to customers. It supports consumer and corporate banking as well as treasury operations on a single platform.

Front End Software: Equation Branch Automation
Equation Branch Automation is designed to support customer-facing staff within a retail branch banking environment. The Equation Branch Automation system is already tightly integrated with the Equation core banking server, and provides ready-to-run functionality to support cashiers, personal bankers and relationship managers.

Equation Branch Automation allows online, real-time transaction processing for the Equation Banking Server, with immediate access to account and transaction information and verification of availability of funds.

Reporting software: WebForm
Webform applies the latest web-based technology to the Equation banking system. Reports are automatically captured and delivered to users as web pages over the bank’s internal network, removing the need to print and distribute paper versions of reports. Report data is available as web pages, as Excel spreadsheets, and for analysis using multi-dimensional PivotTables. Reports can also be distributed automatically as emails, enabling people who do not have direct access to the system to be kept informed with the latest data.

Webform will capture existing reports, run and deliver user-defined reports, and provide an enquiry system for any previous business date, making it an invaluable management-reporting tool. Using the PivotTables built from Equation reports and associated databases, users can filter and manipulate the data to isolate key elements of information for analysis purposes. Once they have generated the required view of the data, users can drill down to see details of the underlying accounts.

Software products from Misys PLC (Implementation Phase)

Trade Finance Software: Trade Innovation
TI has been designed with advanced workflow management to streamline the entire transaction lifecycle and the overall workflow of the trade finance operation. TI allows the bank to define service level agreements (SLAs) for each customer. The bank can apply either customer groupings (e.g. gold, silver, bronze) or bi-lateral agreements for individual customers.an environment.

The factoring capability in TI is optimised for trade receivables financing available. Finance is calculated on the agreed, discounted total of eligible receivables available on any one day. Drawings are processed at the express request of the customer.

Internet Banking Software: Integrated Financial Module
Equation IFM offers powerful features for business customers. Customers can administer their own user communities, with different levels of access to customer and account information and transactions. Each user can have a pre-defined authorisation limit, simplifying control and reducing risk.