FOBISS Intelligent Business Operations (IBO) platform

The management system for a turnover cycle of cash of FOBISS is created with the purpose to provide banks, collectors and independent ATM network operators with the most modern management tools, improvement and optimization of a turnover cycle of cash, collection, management of flows of cash in ATMs and branches (forecasting, planning and optimization).

The mechanism of artificial business intelligence developed by FOBISS operates as a huge human brain. It considers a significant amount of restrictions of business, efficiency which is calculated for each point of cash disbursement of money individually. This result transfers a management system for turnover of money to new business level.

FOBISS uses modern technologies according to the mechanism of artificial business intelligence. It does the FOBISS CM system extremely exact and gives it the chance to bring the greatest benefit to the users in comparison with other similar solutions which are available now in the market.

Key competitive advantages of FOBISS CM solution following:

• Multifunctionality. FOBISS CM supports all types of points of cash disbursement of money: the automated jobs of cashiers, ATMs, (introduction, cash withdrawal of money, loading/unloading, recirculation), storages, departments, the automated bank safes, manual safes.
• Adaptivity. FOBISS CM is the solution allowing to study independently and adapting to new situations using generalization, identification and use of analogies and creation of associations. It is developed in such a way that it is capable to adapt to the changing conditions and the system of the production environment, by studying of such changes. This important feature of this intelligent system eliminates need to manually change algorithms of calculation of need for cash.
• Predictive analytics. For demand forecasting of cash, the solution uses methods of an intelligent system, such as neural networks, indistinct systems, royevy intelligence, multi-agent systems, calculations using evolutionary algorithms and their different combinations.

Benefits of FOBISS CM

• Reduction of cash related operating costs by up to 40-50%;
• Automation of the existing procedure;
• Improvement of service quality;
• Prevention and minimization of the out of cash incidences up to zero;
• Assistance for planning of management time;
• Simplification of training programs for new managers;
• Individual real time self - learning of historic and momentous demand factors and constraints based on patterns at each particular cash point;
• Cash demand forecast of each particular cash point;
• Enabling of speede data comprehension and decision making by operational management;
• Monitoring and control of management performance;
• Cash cycle management of ATMs and Branches using single personalized artificial business intelligence system.

FOBISS Cash Management System

FOBISS Cash Management system employs artificial intelligence techniques to control and optimize entire cash cycle for different types of cash-points devices.

Application areas of FOBISS Cash Management:

• ATM networks
• Automated teller safes
• Cash deposit systems
• Cash recycling systems
• Bank branch networks
• Vaults
• CIT companies