Flexsoft: VaBank FXL

The modern, flexible and high-ergonomic banking system focused on small and mid-sized banks. It is the full-function automated banking system on the Oracle platform implemented in three-unit architecture. The centralized multifilial architecture maintains the principle of "transparent" customer service in any of divisions of bank and provides resistance of a system to cracking – all business logic and interfaces of access to the database are on the application server. System management, its updating happens on a centralized basis on the server, and in total with the centralized data processing leads to significant cost reduction on network infrastructure and administration of a system. The core banking system "VA Bank" has the built-in scenario mechanism allowing to adapt quickly to any accounting standards and the reporting. It is easily integrated with different external subsystems of the third the producer. Works in more than 60 banks of the Russian Federation and the CIS countries.

VaBank FXL is the full-function, high-performance system intended for complex business process automation of bank of any scale. VaBank FXL is developed using advanced technologies of Oracle and uses as a management system and storage for data DBMS Oracle.

Functionality

VaBank FXL automates almost all tasks of bank:

• accounting;
• the automated settlement and cash services of clients;
• credit and deposit activity;
• work and service of bank cards;
• activity in security market and interbank lending;
• automation of intraeconomic activity;
• tax accounting;
• integration with external systems and services.

Advantages

• Functional fullness. VaBank FXL contains the necessary software modules which are most fully automating everything types of banking activity taking into account current demands of business and the perspective directions of its development. When using VaBank FXL the bank should not adapt strategy to systems capabilities. A system does not limit the customer in development, and necessary for the most ambitious plans of bank provides all. VaBank FXL has ample product opportunities for support of retail lending at service of credit products, deposit products, card and credit and card products.

• Flexibility in settings of business processes. In VaBank FXL significant parameters of a system are not strictly set, and can be configured according to business processes of specific bank. Using the scenario mechanism which allows to describe and configure any business processes, without making changes to a program code of a system, the bank has an opportunity to quickly change the configured business processes without involvement of developer company.
• Centralized operation by a system. The VaBank FXL tuning is performed by the administrator of the application. All changes can be made to the program in real time.
• VaBank FXL is not exacting to server capacities because has no internal programming language, and uses only fixed functions offered by Oracle corporation. End users of a system work with it via any standard browser: Internet Explorer MS Google Chrome Firefox , etc. A system is created for work with superlarge volumes of data.
• Work in a continuous duty 24х7. VaBank FXL is designed so that for its updating or accomplishment of the "closing of day" procedure there is no need for a stop of activity of bank.
• Security and reliability of work in VaBank FXL is guaranteed by use of technologies and tools of Oracle and also the internal software developments based on them. The additional security level is provided by technology of maintaining profiles of access for users of a system.

2017

Module of control and management of relevance of client information

The FlexSoft company implemented the module of control and management of relevance of client information. According to the current legislation the bank is obliged at least one time a year to update information on the clients.

The FlexSoft company automated process of filling and verification of details of the client, made integration with master sources of data on the client through API Konturfokus of JSC PF SKB Kontur company that allows:

• Reduce holding time of the client the employee of the bank at primary institution of the client in a system.
• Reduce quantity of errors at manual entry of registration data on the client.
• Automate updating of data of the client from master sources.

The module works both with legal, and with individuals and has following features:

• According to the main details of the client at his primary institution through entry form the request of client information through API KF which is carried on the corresponding fields of entry form is made.
• According to the main details of the client at the repeated appeal of the client to bank the feature for sending a request for obtaining client information through API KF is added. The acquired information is verified from entered into the core banking system and in the presence of discrepancies there is notification of the employee of the bank.
• The possibility of automatic start of the group procedure which obtains information on the client from master sources through API KF and verifies it with information in the core banking system is implemented. The responsible of bank can browse existence of discrepancies through a special sverochny form where he can select right client information from the core banking system or from systems registrars through API KF.
• For clients of individuals the automatic procedure checking the client for bankruptcy, and its passport of reality is implemented. This procedure will work through API KF.

Support of requirements of Provision No. 550-P in the module "Bank Failures to Clients"

The FlexSoft company implemented requirements of the Bank of Russia within Provision No. 550-P in the module "Bank Failures to Clients", having expanded thus functionality of the core banking system "VA Bank" regarding financial monitoring.

Provision No. 550-P sets an order of informing by the credit institutions (CI) and non-credit financial institutions (NCFI) on failure cases from signing of the contract of the bank account (deposit) with the client, failure in accomplishment of the order of the client about operation, about cases of agreement cancelation of the bank account (deposit) with the client.

The module "Bank Failures to Clients" allows:

• Accept the sendings from the Bank of Russia containing information on failure cases from signing of the contract of the bank account (deposit) with the client, failure in accomplishment of the order of the client about operation about cases of agreement cancelation of the bank account (deposit) with the client;
• Create response receipts on acceptance or rejection of sending;
• Browse structure of sending (the sender of sending of KO or NFO, the list of messages) and also each message of sending (the information about the participant and data on transaction);
• Messages the reference book of failures to participants with the list of messages relating to each of them;
• Messages the new black list of participants to which it was refused operation signing of the contract of the bank account or will terminate the bank account agreement;
• Make checks in a system according to the new black list within all customer base, at an institution of a new client card, when entering the document (check of the payer + the receiver + purpose of payment) and also when receiving the entering receipts.

As consider in Flexsoft, use of the module "Bank Failures to Clients" in the core banking system "VA Bank" will allow banks to solve quickly all tasks set by the regulator within Provision No. 550-P.

2016

Register of the Russian programs

The FlexSoft company registered at the end of 2016 in the Register of the Russian programs the self-produced products which are a part of the FXL Platform: The automated banking system VA Bank of FXL and Analytical storage DataForce FXL (according to the order of the Ministry of Telecom and Mass Communications of the Russian Federation No. 653 of 12/14/2016), than confirmed the status of the Russian developer.

the Unified register of the Russian programs for electronic computers and databases includes 4 software products of production of FlexSoft company: The automated banking system VA Bank of FXL, Core System FXL, the Automated system of Front Desk FXL and Analytical storage DataForce FXL. In total the Register contains more than 2400 software products of the Russian production and continues to be replenished.

The module "Unloading of the 2-PIT Statement on Clients" for FTS

On February 24, 2016 the press service of FlexSoft company announced development of the module of formation of files by the company for FTS with personal data of clients.

According to the Order of FTS of October 30, 2015 No. MMB-7-11/485 @ "About the statement of a form of data on income of the individual, an order of filling and a format of its electronic submission" banks need to create a number of reports for tax authorities.

In the module "Unloading of the 2-PIT Statement on Clients" preparation is implemented:

1. Certificates of income of individuals of format 2-NDFL, according to the approved form,
2. References on clients in the XML format,
3. Summary registers of data on income of individuals in the XML format.

Operation of the module "Unloading of the 2-PIT Statement on Clients" is interconnected with the module "Deposits" which is data source for drawing up report forms.

Use of this module in the core banking system "VA Bank", according to developers, will help banks to create with the automatic mode the additional reporting under clients for providing in FTS, will reduce time of formation of references upon the demand of clients.

Support of requirements of Provision No. 446-P is added

Specialists of FlexSoft company executed at the beginning of 2016 a number of completions according to Provision of the Bank of Russia of December 22, 2014 No. 446-P 'About an order of determination of income, expenses and the other total revenues of credit institutions'.

According to requirements of the Bank of Russia since January 1, 2016 commercial banks should keep account of income and expenses by new rules and to provide the reporting under new forms.

For implementation of innovations in the core banking system "VA Bank" reference books of constants of accounts on departments are expanded, signs of type of the client and residence are added, new characters of income and expenses and historicity of their maintaining in reference books are entered. In system modules the mechanism of early closing of deposits is changed.

Now banks can use the updated reference book in which constants have breakdown by currency types and by departments. New reference books are available to use in the scenario mechanism of the core banking system "VA Bank". New form 0409102 "The profit and loss statement of credit institution" which is an important part of all financial statements of banks is also created.

2015

Support of requirements of Provision No. 448-P is added

On December 15, 2015 the FlexSoft company announced entering of completions into the module "Accounting of Material Values" of the core banking system "VA Bank" according to requirements of Provision No. 448-P "About an order of accounting of fixed assets, intangible assets, the real estate which is temporarily not used in primary activity, non-current assets, held for sale, the stocks, means of labor and objects of the labor received under agreements of a compensation, pledge which purpose is not defined in credit institutions" which comes into effect since January 1, 2016.

The reference book "Account types" is expanded. For each logical name of the account and a type of an object it is possible to specify the list of the balances of the first and second order which are used when opening accounts and their binding to an account card.

The additional field of classification "Type of a fixed asset or an intangible asset" and switches for additional grouping of fixed assets on their type is added to a card of a fixed asset / an intangible asset.

Scenarios on transfer of the Fixed asset / the Intangible asset from one type in another are developed. When filling a card of property additional fields of cost are entered.

The method of calculation of depreciation is improved, reports according to requirements of Provision are finished: sheet of wear of BU, sheet of an arrival/expense of OS, turnover sheet of BU OS, balance sheet of BU.

Completion of the module "Accounting of Material Values" will help the banks using the core banking system "VA Bank" in time and to fully fulfill the requirements of the regulator, according to Provision No. 448-P.

Opportunities for salary projects are expanded

On December 4, 2015 the FlexSoft company announced expansion of opportunities for maintaining salary projects in the core banking system "VA Bank".

Specialists of the company executed a number of completions in the module "Plastic cards" of the core banking system "VA Bank" regarding maintaining agreements of salary projects:

• advanced functionality of the module during creation of the agreement of the salary project with the legal entity. Now via the system interface the binding to the corporate agreement as the cards issued to individuals and operating is executed.
• the bank had an opportunity to group agreements of salary projects in different signs and to define rates for service of corporate plastic cards within the executed grouping.
• flexible configuration of necessary accounts of service of agreements and binding of tariff plans is available in an individual format.
• there is a possibility of collection of the commissions for service of plastic cards from legal entities – owners of agreements of salary projects.

Use of additional opportunities of the module "Plastic cards" the core banking system "VA Bank" helps banks to improve customer service quality – legal entities, offering special terms on work with bank cards of employees within the salary project, to increase issue of bank cards, expanding the customer base of individuals.

The commission mechanism is finished

On October 22, 2015 the FlexSoft company executed a number of completions on process automation of charge and collection of commission fees for services of bank.

The commission mechanism - the system function of the core banking system "VA Bank" uniform for all modules.

Specialists of developer improved technology of accounting of the commissions on loan agreements in any currency. At implementation of transactions according to the rates set by bank there is an automatic converting of a collectible amount in necessary currency.

In the module "Plastic cards" in interaction with a processing center in processing of transaction files calculation of remuneration of bank sponsor is made.

The completion of system mechanisms allowing in case of lack of funds on the customer account is executed to perform write-off of the commission from a receivables account on the agreement or from the minimum not reduced account balance.

The bank is given an opportunity of setting not of the product commission for the rendered service on a card file if the client has not enough money on the account.

How to keep account of data on legalization (laundering) of income and financing of terrorism in the core banking system "VA Bank"

The module of financial monitoring in the core banking system "VA Bank" is developed according to requirements of the international and Russian legislation in the field of counteraction of legalization of income gained in the criminal way and to terrorism financing.

According to the instruction of the Bank of Russia of 12/1/2014 No. 3464-U O making changes in annex 8 to Provision of the Bank of Russia of August 29, 2008 N 321-P "About an order of submission by credit institutions to authorized body of the data provided by the Federal law "About Counteraction of Legalization (Washing) of Income Gained in the Criminal Way and to Terrorism Financing" (It is registered in the Ministry of Justice of the Russian Federation 12/24/2014 N 35374) is added from 2/1/2015 a new activity code 9002. In it operations on expenditure by non-profit organization of money and (or) other property from the foreign states, the international and foreign organizations, foreign citizens and persons without citizenship are grouped. The code is added to the general-system reference book of the core banking system "VA Bank" "Codes of the transaction types which are subject to mandatory control" and the algorithm of automatic selection of these transactions is finished.

Logical control of replies to the requests of Rosfinmonitoring, check on compliance to the xsd-scheme is implemented, logging of the fact of emergence of the message about coincidence to the reference book by terrorists and a separate form for viewing the facts of emergence of such messages is added.

2011: Core banking system "VA Bank" 10.2

The Swagger — Banking Systems company announced in October, 2011 end of a test stage of the new version of core banking system "VA Bank" 10.2. Core banking system "VA Bank" 10.2 is logical development of the core banking system "VA Bank" of versions of ST and 10g. The new version incorporated all functionality which is available at the moment in the core banking system "VA Bank" and is complemented with the opportunities given by modern development tools from Oracle corporation, says Swagger — Banking Systems company.

Distinctive feature of core banking system "VA Bank" 10.2 is that a system works at Oracle Database 11g DBMS, the interface is implemented based on Oracle Forms 11, the Oracle WebLogic Server 11g application server is used.

The version of core banking system "VA Bank" 10.2 assumes work in three-unit architecture that corresponds to current trends of development of corporate information systems. The release of new release is the next and consecutive step within the concept of FORS-BS company on development of the software products and upgrade of technologies of development.

At further development of information systems of FORS-BS assumes use of Oracle ADF, Oracle JDeveloper, WebLogic and Oracle BI Publisher technology. This concept of development of the application software corresponds to ideology of Oracle corporation on development of information systems, noted in FORS-BS.

• The FORS — Banking Systems company announced in January, 2012 release of the new module "Electronic Exchange with FTS" for the core banking system "VA Bank". "Electronic exchange with FTS" — the new module of the core banking system "VA Bank" developed according to provision of the Bank of Russia of 12/29/2010 No. 365-P ("About a direction order in bank of order of tax authority, the decision of tax authority and also the direction bank in tax authority of data on balances in cash in electronic form").

The module "Electronic Exchange with FTS" automates work of credit institutions which signed with the Bank of Russia (on behalf of territorial office of the Central Bank of the Russian Federation) agreements according to this Provision. Electronic information exchange is, certainly, a big step forward on the way to optimization of interaction between banks and tax authorities. First of all, it reduces cost value of such transactions for banks. Also electronic exchange affects data transfer rate and its quality that, in turn can reduce quantity of claims from tax authorities to accomplishment by banks of the duties provided by the Tax Code.

The module "Electronic Exchange with FTS" serves for message exchange with FTS through payment processing center and has broad functionality of automation of all processes of interaction with FTS.