Developers: | Flexsoft (before FORS - Banking Systems) FlexSoft |
Date of the premiere of the system: | 2017/04/03 |
Branches: | Financial services, investments and audit |
Technology: | Core banking system - The automated banking systems |
VA Bank of Limit Manager FXL is technology of control automation by corporate credit limits. It is focused on use in banking sector.
On April 3, 2017 the FlexSoft company announced creation of a product VA Bank of Limit Manager FXL for centralized operation by limits on the scale of the organization, including subsidiary banks, the companies and branches.
The management system for limits "VA Bank of Limit Manager FXL" allows to automate technology process of maintaining the centralized directory of limits, the single database of available credit limits for corporate clients of bank, setup of checks and control by any parameters of credit solutions and transactions.
"VA Bank of Limit Manager FXL" executes monitoring and control of limits in real time. The technology can be built in IT architecture and be developed as the separate module ABS. In this case its connection and setup of interaction with the back office and accounting systems of bank will be required.
The centralized control system of limits - a part of process optimization, management, assessment and decision making in operating activities of bank. Its use helps to lower operating rooms and business risks of exceeding of the set limits of different types at the different levels.