CABS Bank 21st century

The automated banking system "Bank 21 Century" is designed to develop the business of a multifilial bank of any scale and increase its competitive advantages due to the unique architecture, use DBMS Oracle and own know-how in the implementation of the business logic of the system.

According to the developers, the system can be useful if the customer wants:

• Get a single centralized solution for a multi-family bank that allows you to work in different time zones 24 hours 365 days a year.
• Expand the range of banking services provided for all target categories of clients: individuals, medium and small businesses, companies and holdings, correspondent banks.
• Implement a convenient mechanism for customer service in front offices, taking into account the accumulation of knowledge and information about your customers.
• Forget the chore of your back office by implementing end-to-end business processes and automating bottlenecks.
• Implement a modern banking document processing infrastructure with a convenient data search interface.
• Increase the capabilities of the settlement center using implemented mechanisms for preparing, routing and sending payment documents to all parts of the world through any existing banking transport channels.
• Quickly launch a new competitive banking product or service on the market.
• Apply the capabilities of a customer-oriented service taking into account a personal approach to customers, working with target audiences, offers of additional and interconnected services.
• Standardize the bank's business processes, ensure the unification of products and services for each branch of the bank.

Key features of the system

• Latitude of coverage of the subject area.
• Support of all heads of credit institutions chart of accounts, tax and management accounting. IFRS reporting.
• Calculation center and data storage built into the basic ABS unit.
• The concept of customer and process-oriented service, the presence of an integrated catalog of business process participants with CRM elements is implemented.
• Provide on-line and off-line operation of branches, offices and remote workplaces.
• Flexible setting of rights and a system of parameters make it possible to organize comfortable work of personnel, both the central office of a large Bank and the average specialized Bank, branch, additional office, branch.
• A convenient interface for comfortable work of users, pairing with office packages (MS Office, OpenOffice).
• System scalability: Bank 21st Century CABS can run on any modern server running any modern operating system. At the moment, there are successful implementations both on servers of the office solution class (10-15 users) and full-scale cluster solutions.
• Protection against unauthorized access and monitoring of actions of each user. Separation of System Administrator and Security Administrator functions.
• It is possible to organize work in a three-link mode with a web client, which significantly reduces the financial and time costs of implementing the System in a network of branches and offices.
• Optimal use of low throughput communication channels (including Dial-up, GPRS, EDGE) and/or expensive channels (for example, satellite), including non-constant delay.
• Combining the advantages of a replicated system with the advantages of a custom design.
• Openness of the system: Bank 21st Century CABS is transmitted with source texts, APIs and a fully documented database.

2023: Adding the Single Tax Payment Module

On January 26, 2023, Inversia announced the expansion of functionality for interaction with the Federal Tax Service in the product line of BANK 21 VEK CABS.

As part of the Tax Accounting subsystem, the Unified Tax Payment (EPD) module appeared and went on open sale, designed to automate the formation of transactions for the Unified Tax Account, as well as to upload Notifications on Calculated Amounts of Taxes, Advance Payments for Taxes, Insurance Premiums in XML format.

The decision was developed in accordance with the requirements reflected in the Federal Law of 14.07.2022 N 263-FZ "On Amendments to Parts One and Two of the Tax Code of the Russian Federation" (beginning of the document - 01.01.2023.) And Order dated 02.11.2022 N U-7-8/1047 @ "On Approval of the Form, Procedure for Filling and Format of Submission of Notification on Calculated Amounts of Taxes, Advance Payments for Taxes, Fees, Insurance Premiums in Electronic Form."

The use of the Unified Tax Payment (EPD) module will allow banks to form reports for submission to the Federal Tax Service in an approved format.

2021: Compatibility v 6.04 with Red OS

The import substitution rate became the driver of the transformation of the Russian IT market and contributed to the revival of Russian developments. Thus, in order to develop technological cooperation, RED SOFT and Inversia tested their products, which confirmed the compatibility and correctness of the BANK 21 VEK CABS v 6.04 software with the RED OS operating system. This was announced on March 19, 2021 by the Red Soft company.

At the end of 2020, banks appealed to the Central Bank with a request to postpone the transition to domestic software and equipment, including due to the lack of Russian analogues of specialized foreign software. RED SOFTWARE is interested in ensuring a smooth transition of the banking sector to domestic software, therefore, it seeks to increase the number of tools available to banks for full-fledged work. We thank our colleagues from INVERSION for their cooperation, - commented Rustamov Rustam, Deputy General Director of RED SOFT.

INVERSION has long begun to take steps to use platform-independent solutions in its product line, and the emergence of regulatory requirements for import substitution was not a surprise to us. The latest version of our main ABS, BANK 21 CENTURY, was tested on the Russian RED OS operating system manufactured by RED SOFT. This gives confidence to our banks - partners that we will help in a reasonable time to resolve issues arising in reality, - said Oleg Kuzmin, Deputy General Director of INVERSIA.

2017: Inversion conducted load testing of Bank of the 21st Century CABS

On July 19, 2017, Inversia announced the completion of load testing of the performance of Bank 21st Century CABS on Oracle Database Appliance. The equipment and expertise were provided by FORCE Distribution.

It was necessary to confirm the scalability of the main resource-intensive processes by testing, which allows you to speed up processing through calculations in parallel flows, to measure the quantitative performance characteristics of the application system database on enterprise equipment. It was necessary to develop a methodology for customers to select the optimal parameters of computing resources to ensure the required system performance.

Due to the constant development of the product and its complication, CABS "BANK 21 VEK" tests for productivity are carried out regularly. Our goal was to maximize system performance while optimizing hardware selection to minimize total cost of ownership for our customers. We believe that the goals have been achieved. Oleg Kuzmin, Deputy General Director of INVERSIA

Based on the test results, a conclusion was made:

• The architecture of BANK 21 VEK CABS and the quality of its program code make it possible to meet the performance requirements imposed in tenders of banks with an extensive network of branches and additional offices in the event of the use of appropriate equipment and modern I/O systems.
• Adequate parallelization of work to separate computing threads proportionally increases the speed of high-load processes.
• Performance growth is provided by running calculations in parallel threads, the number of which should not exceed the number of processor cores minus two. This should be taken into account for the organization of the optimal schedule of running processes, since exceeding this number of parallel processes will lead to performance degradation associated with competition for processor resources. It is important to take into account the performance of the disk I/O subsystem, which can become a bottleneck if the number of processes running is too large. Tests have shown that the indicated problems are solved by increasing the power of the equipment.
• In the course of the work carried out by the joint efforts of INVERSION and FORCE Distribution employees, additional optimization of a number of processes was carried out, which made it possible to speed up a number of procedures online.

Testing was carried out with the support of FORCE Distribution.

With our hands-on experience with the appliance, we serve our partners and their customers as a professional Oracle Database Appliance application expert. The joint work allowed INVERSION to make a number of improvements in its solution, providing a level of service for users. Andrei Tambovsky, Director of Technology "FORCE Distribution"

2015: The system has been replenished with the module "Document flow with customs authorities"

On August 13, 2015, Inversia announced the release of the Document Management with Customs Authorities module, implemented within the framework of the Processing and Accounting of Electronic Documents system of the Bank 21 WJC^[1] project^[1]

The software product is intended for downloading and automatic execution of customs authority decisions in electronic form in XML format in accordance with the Regulation of the Central Bank of the Russian Federation No. 390-P dated November 30, 2012 "On the Procedure for Sending Customs Authority Decisions to the Bank in Electronic Form."

Supported documents:

• decision on suspension of maintenance in electronic form;
• decision to cancel maintenance suspensions in electronic form;
• Loading response bills with the result of confirmation processing (PT1, PT2)
• Reporting balances of accounts subject to suspension of maintenance (arbitrary form).

Earlier, specialists "Inversion" created the module "Information on accounts in electronic form," implemented in the architecture of the system "Processing and accounting of electronic documents." The functionality of the module helps to upload data in XML format according to the 3462-U.

2010: Electronic Document Archive module output

Inversia announced in August 2010 the release of the Electronic Document Archive module, implemented as part of the Bank of the 21st Century CABS project. The new module was developed in accordance with the Instruction of the Central Bank of the Russian Federation dated November 25, 2009 No. 2346-U and is designed to store ABS documents in electronic form.

The Electronic Document Archive module greatly simplifies the maintenance of archival business in credit institutions. When using this module, the dream of many chief accountants to reduce the volume (physical, in cubic meters) of the archive, the number and thickness of folders, to reduce the cost of maintaining all this, a huge economy in the bank becomes a reality.

Notes