Va-Bank 10g^® – Integrated Banking System for multi-branch banks

Va-Bank 10g^® is a modern banking system for medium and large multi-branch banks. The system is based on Oracle 10g platform and provides a wide spectrum of functionality. Va-Bank 10g^® has flexible modular structure. It gives to the bank an excellent opportunity to get system which will extend together with expansion of business of the bank, not demanding expansive recustomization and additional training of the personnel in future.

 Va-Bank 10g^® ensures the functioning of the bank in conformity with all actual requirements of the bank legislation of the Russian Federation. Data on all currencies, all sections of the account and functional subsystems, the flexible plan of accounts, the documentary interface, automatic generation of transactions and many other things are united in the same database.

Va-Bank 10g^® is unique system for the Russian market. Its creation became possible owing to close cooperation between "FORS - Banking Systems" and Oracle companies, having more than ten years history.

Va-Bank 10g^® completely answers modern tendencies of development of banking market in Russia. Among them: integration and merging of banks, significant growth of amount of retail banking products etc.

Va-Bank 10g^® is created for banks having branched out organizational and territorial structure and ensures simultaneous work of several hundreds of concurrent users.

Segmentation (division into operative and archival parts) of database is supported in Va-Bank 10g^®. Most “heavy algorithms” (group calculations of percents, sums of reserves etc.) have been optimized. It allows to achieve a performance of tens of thousands transactions per day.

For effective work of territorially distributed bank structure Va-Bank 10g^® functions in uniform clients space. It simplifies a document flow and allows to a bank to have full and transparent information on each client. There are no restrictions on quantity of various accounts for one client. Operations and analysis within different groups of clients (corporate clients) is realized. All these features essentially raise a quality of the analysis of client base of the bank, giving an objective and complete picture of activity and profitableness of clients.

Va-Bank 10g^® has been built to operate within complex hierarchical organizational structure of bank. Branches and divisions of the bank can have balance or not. Flexible scenario mechanism of the system is adapted for maintenance of accounting processing operations in a cut of structural divisions.

Personal adjustments of system depend on duties of user. It provides most rational and safe way to organize access of different users to the objects of the system (clients, accounts, documents). The list of objects with which the certain user has permission to operate, is defined by “profile of access” given by the manager to the user.

Va-Bank 10g^® is multilingual, that gives additional opportunities and convenience in work.

The built-in system of operative management and strategic planning, based on Warehouse technology, provides opportunities for analytics.

Please contact “FORS – Banking Systems” for detailed information