Digia Banking System
Digia Banking System is a solution in the Digia Financial Systems product line designed for account and loan manage-ment. The solution enables real-time control over bank account transactions and balances, fixed-term deposits and loans as well as different deposit & loan products and related fees.
All key functionalities can be used locally or executed via web interfaces. The system includes a comprehensive set of predefined web services for integration to Internet banking systems and other web data sources. The scalability of the system’s n-tier architecture answers the needs of both start-up banks and established, growing organizations.
Account management includes real-time connection to the General Ledger subsystem, enabling a streamlined process for bookkeeping. The system generates standards-compliant outgoing payment material and handles incoming domestic & foreign account statements including SWIFT 940 and reference payments from external sources.
The system integrates seamlessly to back office systems and includes versatile customer, contract, contact person, market data, reporting and user management features. Users’ access rights to the system are based on user roles, enabling a flexible way for administering user access to different system functionalities.
All time-consuming data handling and calculation processes, such as interest calculations, are run on the server without blocking users’ daily routines. Users can start these processes manually or they can be scheduled to start automatically at a given time. System administrators can monitor the status of different operations with the deviation & transaction flow monitoring tool.
Digia Banking System is a standalone solution, but it can also be integrated to run as a module in other Digia Financial Systems setups. For example, if the solution is used as a part of the Digia securities trading back office solution (Digia Securities Trading System), withdrawals and deposits related to security trades are generated automatically in the system.