FLEXTERA Back Office

FLEXTERA Back Office provides the overall support of various product lines of a financial institution. This support includes designing, configuring, life cycle management and accounting of all modern financial products and services in full compliance with regulatory requirements and Customer needs. The solution also offers various reporting and BI tools including those to support the most sophisticated MIS reporting.

To launch a new product or enhance the existing one, our Customer may choose between the deployment of the corresponding off-the-shelf FLEXTERA Back Office module and the implementation of a customized solution designed to fit technological and business needs.

High performance, exceptions managements, modern security tools and customizable business processes of FLEXTERA provide banks with highly efficient operations processing.

The centrally deployed system is available at every Customer branch which allows for:

• Reduction of implementation and maintenance expenses, which is especially important for the geographically distributed networks,
• Quick launch of new products and services,
• Reduction of hardware and software licenses expenses for branches,
• Standardized configuration and security policy for better controllability of the solution.

FLEXTERA Back Office incorporates the features which are relatively new for the back office systems like sales channels management or performance monitoring of separate products. This allows for end-to-end integration of the bank’s functional areas and creates a unified information space for transparent management of banking products and customer relations. The logical separation of product performance and financial accounting allows for better estimation of each product performance and performance fluctuations.

FLEXTERA is a huge step forward in core banking solutions evolution. In comparison to monolithic product-oriented systems which used to be the leaders in core-banking area for the last 20 years FLEXTERA flexibly responds to the modern business needs of financial institutions. The state-of-the-art technology and SOA principles implemented in the core of FLEXTERA allow banks to create new products in days and change business processes in the real time mode. With a range of more than 70 off-the-shelf fully-functional Java modules and individual software services available for full-scale SOA implementation, FLEXTERA facilitates the bank’s rapid development and provides it with extensive breakthrough opportunities. All FLEXTERA solutions are seamlessly integrated into existing infrastructure and consolidate all of the bank’s products and information resources opening new ways of customer servicing.