Sovereign Finance and Banking software is an integrated solution for the core business requirements of financial institutions, including banks, building societies, credit unions and finance companies.
Why Sovereign ?
Sovereign offers:
Flexibility – User defined product parameters – Date qualified configuration – Data driven – Speed to Market.
• Ability to be ‘quick on your feet’
• Ability to prototype, test, and launch new products
• Reliability
• IBM i-Series hardware
• Automated end of period processing
• 24 x 7
• Open Database
• ODBC compliant - MS Access, Excel, etc
• Crystal Reports Data Dictionary
Integrated External Interfaces including:
•Veda Advantage (formerly Baycorp/Baynet) for B2Bay and credit checking
• MotoChek
• Personal Property Security Register (PPSR)
• ATM / EFTPOS (Diamond Card)
• Direct Entry (Australia)
Sovereign allows the creation and maintenance of the ‘Products’ that the financial institutions offer their clients.
Enables a financial institution to design, review, test and make the product operational in the shortest possible time.
Parameter driven definition allows for complete flexibility in product design yet with complete control over product behaviour.
In Sovereign, there are many product definition parameters to define.
The way that these are set up will determine the ultimate functionality of the system.
Some of these parameters are listed below:
• Arrears Categories and behaviour
• Automatic Account Settlement parameters
• Client roles
• Default statements
• Fees
• Originator commission methods
• Payment methods
• Restricted Terms
• Valid Transactions
• Package Software
• Shared costs
• Continual development
• Improving functionality
• Use of emerging technologies
• Regular upgrades
• Grow your business without growing staffing levels
• Professional Customer Communications through sophisticated Correspondence, E-mail, Fax and Internet Banking modules |
