Developers: | Finastra (before Misys) |
Branches: | Financial services, investments and audit |
Technology: | Core banking system - The automated banking systems |
The Equation system is expected support of work of a geographically distributed branch network. Thanks to Equation opportunities, at the level of bank departments work is carried out with maximum capacity that favorably affects customer service quality.
Equation supports the internal chart of accounts and standard types of accounting entries. Using accounting information which is in the internal chart of accounts and the reporting, the reporting according to the Russian regulations on accounting is prepared.
A system provides tools for development and the accelerated output to the market of new banking products and services. Equation quickly provides the information on preferences of clients of rather banking products that provides to banks indisputable competitive advantage in customer service. Process automation of a back office gives an additional opportunity for quality improvement of work with the client and concentrations on efficiency evaluation of sales.
Equation is the instrument of control of activity of bank. Monitoring of performing transactions is performed in real time. The system of differentiation of powers of information input and its authorization is provided in Equation. Modules of information input are distributed on departments that considerably reduces operational risks and provides operating control of financial results of activities for each department.
Equation allows to perform quality standard of results of work on clients and banking products. It allows to estimate efficiency of the organization of business processes and financial results of the directions of banking activity and also to reveal unfortunate trends and to quickly take measures for their liquidation.
The Equation system is a unique system for integration of all divisions of bank, increase in capacity of all bank structures, the instrument of operating control of results of activity and management.