Giới thiệu giải pháp Core Banking của Polaris

Intellect Universal Banking

Suite
TABLE OF CONTENTS
1.0 General information about the product 4
1.2 Origination, license of the product, and the policy . 5
1.3 The system architecture 5
1.4 Technical Developing environment developing tools and OS 8
1.5 Methodology for designing the system 8
Intellect Core 15
Features of Core: 16
Intellect Origination 16
Features of Intellect Origination: 16
Intellect Lending 16
Intellect Collect 16
Intellect Trade 17
Features of Intellect Trade: 17
Intellect Treasury 17
Structured Products 18
Features of Intellect Treasury: 18
Intellect Armor 18
Intellect Integrator 18
1.6 List of system supported functional features 19
Intellect Core 19
ATM/ Debit Card Administration Module 20
Charging Module 20
Accrual and Application Module 21
Standing Order Module 21
Teller 22
Payments Module 22
General Ledger System 23
Collateral Monitoring System 23
End of Day Operations (EOD) 23
Customer Communication Module 23
Reconciliation Module 23
Intellect Origination 24
Customer Services 24
Application Processing 24
Document, Income, Profile (DIP) 24
Agency Maintenance 24
Credit Decisioning 24
Limit Calculation 25
Underwriting 25
Risk Sampling 25
Business Rule Engine 25
Loan Servicing System 25
Intellect Collect 26
Intellect Trade 26
Intellect Treasury 26

1.0 General information about the product

Polaris proposes Intellect Universal Banking Suite (UBS), ‘A comprehensive banking system
comprising of Core banking, Trade & Treasury and Lending’,
Please refer the figure below which depicts the feature of our solution:

Open and standardized System architecture

Intellect has been built on an open architecture leveraging J2EE standards for its web
components. The system supports industry standard database, browsers and web servers. It
enables the application to interface with any third party system using Intellect integrator. Any
new modules can also be interfaced with ease. Due to the high level of parameterization,
Intellect offers flexibility and does not require high vendor support for any systemic changes
supported through parameterization. This can be handled by the internal technology team of
Mekong.
Ability of modular functioning
End to End support is available for any channel integration and the interfacing is achieved
through Intellect Integrator. Intellect also comes with its native reporting tool which enables the
bank to customize any report according to their requirement.
Ability of parameterization
Intellect supports a high level of parameterization. Ability to design new products, define
interest indices, interest offsets, flexible fees & charging, relationship based pricing, support for
multi currency, General Ledger accounts, country list, local bank list, foreign bank list, holiday
list, branch details, bank details etc are illustrative of the system’s capability to offer flexibility.
User-friendly
The system is GUI (Graphic User interface) based and is also very user friendly. The system
also supports Straight Through Processing (STP) for its various processes without any manual
intervention.
Cost-saving
The centralized architecture offers the following benefits:
• Reduction of hardware & software cost
• Reduction in HW/ SW maintenance cost
• Reduced dependency on scarce human resources
• Improved efficiency in IT management
• Efficiency of operations.
1.2 Origination, license of the product, and the policy for license .
Polaris, as a policy, does not share the source code (License).However, on mutual agreement;
we can enter into an escrow arrangement.
1.3 The system architecture
Functional Architecture

Intellect functional architecture comprises of Delivery channels, Security Infrastructure,

Business Gateway Layer, Shared Customer Infrastructure Layer, Shared Business Components
Layer, Product Processors and backend services.
Delivery Channels are customer touch-point applications and Intellect Universal Banking owns
the Branch Front End channel and has the capability to interface with other delivery channels
such as ATMs, Internet, IVR and Mobile.
Intellect Universal Banking Solution is a complete banking system that addresses the needs of
the banking industry by combining cutting edge technology with an easily deployable
architecture.
It is designed to maximize automation of processes, with an aim to increasing the efficiency in
all fields ranging from customer service to overall positioning and risk management to
reporting. The result is a comprehensive, cost-effective solution that helps financial
organizations reach new levels of management control and customer service so that they can
compete in today's global markets.
Intellect Universal Banking Solution comes equipped with a powerful and comprehensive
General Ledger System. This system provides for the maintenance of various account types and
bank accounts. Besides this, the GL system also facilitates grouping of customer accounts on
the basis of customer and account characteristics and mapping the same into bank accounts for
the purpose of consolidation. The customer accounts as well as internal accounts are posted
online. However, the consolidation of Sub-ledger would be part of EOD processing.
Technical Architecture
The architecture is divided into layers based on n-tier architecture and its responsibilities. The
diagram below depicts the various layers in the architecture from a technical perspective:

Client Layer
The Client Layer consists of, typically, a thin client that is browser running on a user’s desktop.
The Client’s communication to the Application Server processes, residing on Tier 2 is through
HTTP.
Application Server Tier
Application server tier would host the Web Logic application server.
Web Controller
A gateway servlet is deployed to listen to all client requests. Servlets listen for HTTP requests
and hands over the control to appropriate Application Controller. The listener removes all the
HTTP specific details from the request and passes only the event details to the application
controller. Typically, there is only one controller for an application.
Application Controller
The application controller gives a business event view for the Client listeners and on the other
side, translates them into application events. Business components are designed as small
loosely coupled and cohesive components. The controller maps an incoming business event
into one or many application events. Application controllers are normal Java Classes and they
help in navigation between business components. The main responsibilities of the Application
Controller are:
• Validate if the request can be processed
• Identify the Event Processor for incoming request
• Pass on the event specific details to the Event Processor
Event Handlers
This component implements the logic to navigate between different business components to
meet the business event. These Java classes make one or more method call to Business
Interface to process the event. The main responsibilities of Event-Processors are:
• Breaks application event into specific business interface method calls handling various units
to maintain the integrity
• Makes business method calls with the appropriate parameter
• Handles Errors
• Summarizes the responses from the various methods calls to be passed on as the response
• Formation of appropriate error responses
Business Components
Business components are highly cohesive and loosely coupled. They meet the requirements of a
particular functional requirement. They are transparent to the nature of the calling client. The
parameters in these components are made highly configurable to meet the fast changing
business. The Business layer is designed in three layers:
• Infrastructure Components
• Business Interface
• Business Implementation
Infrastructure Components: System level functionalities such as DB connection pooling, thread
pooling, Security validations and so on. requirements can be broadly classified into
infrastructure requirements. These requirements get repeated in every application development.
The components that are not specific to any business function or domain fall into this layer.
These components are highly configurable, as the usage scope will be universal.
Business Interface: This layer gives bird’s eye view on the functional requirements. This view
changes very rarely across different implementation of the same application. This clear
demarcation brings in reusability across similar functional domain. Java Interfaces are normally
used to define classes in this layer.
Business Implementation: Business implementation bridges the gap between application
requirements and the Business Interface. The components in this layer are broken down into
Business Workflow handlers, data models and event processors.
Data Access Components
These are set of Java Classes for interacting with the database for all the data manipulation
operations, query or executing any database stored procedures.
1.4 Technical Developing environment developing tools and OS
Following is the Technical development environment.
Platforms UNIX based (Solaris, Linux, AIX,HP-UX)
User Interface Browser Based GUI (IE 6.x/Netscape 7.x)
Web Server iPlanet 6.1/Weblogic 8.1
Security Server Authentication: Armor/Any LDAP based
Authorization Intellect Armor
Reporting Intellect Reports
App Server Weblogic 7.x/8.x
Load balancing Weblogic clustering, Oracle RAC
Databases Oracle 9i/10g
Ops Environment Server: Solaris 8.x/Red Hat AS 3.0
Client: Windows 2000 Workstations
Client: Windows 2000 Workstations
Integration/Messaging Intellect Integrator
Languages Java, Pro*C,JavaScript, PL/SQL
Standards adopted J2EE
1.5 Methodology for designing the system
We follow the Waterfall methodology for the development.the methodology is described as
under.
This is a linear sequential model using the principles of structured system analysis and design.
In this methodology, first comes the analysis related phases, then the design phase, followed by
the construction, with testing related phases completing the process. This methodology is called
the waterfall methodology because each phase flows naturally into the next phase like water
over a series of falls.
The process forces the analysis team to precisely define their requirements. It is much easier to
build something if the exact requirements are known.
Phase Diagram
In this methodology, phases are very tightly coupled with the software-engineering tasks, as
shown in the diagram.

Lifecycle Description
Process
Key Steps Deliverable Verification and Validation

1. Project Initiation
Entry Criteria: Identification of a piece of work as a project
Exit Criteria: Senior Management approval
Initiate Project
L0 Estimates Project Initiation Report (PIR) Project Management Review (PMR)
2. Requirement Study
Entry Criteria: Signed contract/ MOU/ LOI/ Work order
Exit Criteria: RDD sign off
Prepare for requirements study
Plan for requirements study Requirements Study Initiation Document Review
Define the Requirements Requirements Definition Document User Review
Internal Review
User Sign-off
Plan the Project
L1 Estimates Project Quality and Software Configuration Management (SCM) Plans /
Consolidated Project Plans
Project Schedule PPR
3. Analysis
Entry Criteria: Completion of Requirement study
Exit Criteria: Analysis/Functional specification model reviewed and approved
Prepare for Analysis
Revisit Estimates, Risks and Plans Updated Plans
Detailed schedule for the phase Project Plan Review (PPR)
Analyze Requirements
Trace functional specifications to requirements Analysis/Functional Specifications Document
that includes functional architecture
Traceability Matrix User Review
Internal Review
User Sign-off
4. Design
Entry Criteria: Completion of Analysis
Exit Criteria: Detailed design reviewed
Prepare for Design
Revisit Estimates, Risks and Plans
L2 Estimates Updated Plan Documents

Detailed schedule for the phase Project Plan Review (PPR)

Study environmental features and limitations, Formulate General Design strategies, Map
functions to architecture schemas Architecture Design document Review
Design data structures, design processing logic Design specification document Review
5. Construction
Entry Criteria: Reviewed Architectural design and Detailed design
Exit Criteria: Independent Tested Units
System Test Plan
Prepare for Construction and Testing
Revisit Estimates, Risks and Plans
L3 Estimates Updated Plan Documents
Detailed schedule for the phase Project Plan Review (PPR)
Prepare Program Specifications and Unit Test Plan Program Specs
Unit Test Plan (UTP) Walkthrough of Program Specs and Unit Test Plan (UTP)
Develop Unit
Trace Programs to design Enhanced Unit Test Plan (UTP) Code
Traceability Matrix Code Review
Independent Unit Testing
Prepare System Test Plan
Trace transaction checklist to analysis/functional specification Transaction Checklist
System Test Plan
Traceability Matrix Review
6. Testing
Entry Criteria: Completion of IUT of all Units
Exit Criteria: Completion of System Test and Release
Module and System Test Preparation
Module and System Test Execution Test Strategy
Test Plans
Defect log
Module Test Results
System Test Results
Integrated and Tested System
Release Release Notes
SQA Certificate Release verification
7. UAT
Entry Criteria: Completion of System Test
Exit Criteria: UAT Sign-off
User acceptance test execution Defect log
User Accepted System UAT Sign-off
8. Implementation
Entry Criteria: Completion of UAT
Exit Criteria: Live cut over
User Training
Satisfaction Survey Satisfaction Survey Questionnaire with responses
Post Implementation Analysis Implementation Report
Installation and Operations Manual
Tested User Manual Post Implementation Review

Management Processes
Process Area
Process
Key Steps Deliverable Applicable Duration / Frequency
1.Project Management
Project Planning Project, Quality and Software Configuration Management (SCM) plans/
consolidated plans Initially, after completion of requirements study
Subsequently, plans are revisited at the beginning of each phase
Re-planning is also required at any point in time for reasons like—drastic changes in
requirements/ project scope, excessive slippage, unmanageable defects etc.
Project Tracking: Status Reporting Senior Management Reporting
Status Reports internal to Project
Customer Status Reports After start of Requirements Study on a monthly basis
Status Reports internal to Project on a weekly / fortnightly basis as per plan
Customer Status Report as agreed with the customer as per the plan
Project Tracking: Project Status Review Project Status Review (PSR) Minutes After start of
Requirements Study
Fortnightly frequency till project completion
Project Tracking: Project management review Project Management Review (PMR) On
completion of Project Initiation Report
Monthly frequency till project completion
Quantitative Management: Metrics Collection Metrics for Development (M-DV) Form On
completion of project initiation
Monthly frequency till project completion
Quantitative Management: Tracking of Goals Consolidated Plan Part II/ Goal Tracking
Worksheet On completion of Requirements Study
As per the identified frequency in plan
At the minimum on completion of each phase
2. Quality Management
Language Standards Part of Project Plan
Reviews Review Form For all deliverables as identified in lifecycle description

Software Quality Assurance: Monthly planning and tracking SQA Status Report After project
initiation
Software Quality Assurance: Software Process Audit PCI Initially on completion of RS or as
per SQA plan
On completion of each phase or as per SQA plan
Defect Prevention Task Kick-off Meeting (TKM) Minutes Start of Requirements Study
Start of each Phase as per the criteria stated in Defect Prevention Process and / or Project
Quality Plan
Defect Prevention Causal Analysis Meeting (CAM) Minutes End of Functional Specifications.
End of each phase as per the criteria stated in Defect Prevention Process and / or Project
Quality Plan
3. Software Configuration Management
Change Control Software Change Form Any change required in any CI after it has been
baselined
Version Control Versions of CI Any change required in any CI after it has been baselined
Release Control Release Notes
SQA Certificate Release of documents, prototype and system
Perform Configuration Audits Audit Trail Report
Issues Once per month except during system testing.
At least on a weekly basis, and at the end of each round of testing during system testing.
Tracking, Reporting and Review of Configuration Management activities Change Status Report
DBA Report Fortnightly
Fortnightly
4. Project Administration and Miscellaneous
All other miscellaneous standards, procedures and guidelines would be applicable as defined in
IQMS.
Project Administration
Handover
Password Envelope
Copyright Message
Project Folder

1.5 List key features of the system.

The UBS platform consists of the following components:
• Intellect Core
• Intellect Origination
• Intellect Lending
• Intellect Collect
• Intellect Trade
• Intellect Treasury
• Armor and Integrator
• Adrenalin
The features of these components are listed below.
Intellect Core
Intellect Core is a complete banking system that addresses the needs of the banking industry by
combining cutting edge technology with an easily deployable architecture.
Intellect Core is designed to maximize automation of processes, with an aim to increasing the
efficiency in all fields ranging from customer service to overall positioning and risk
management to reporting.
The result is a comprehensive, cost-effective solution that helps financial organizations reach
new levels of management control and customer service so that they can compete in today's
global markets.
Features of Core:
Intellect Core is a true 7*24*365 system, which is highly customer centric. The unique blends
of features that are offered by Intellect Core, which contribute in making this solution a cut
above the rest are:
• One-stop solution that offers integrated delivery of all Banking Products.
• Comprehensive set of functionality that meets and exceeds the requirements of various
banking businesses; be it consumer banking, private banking or corporate banking.
• Centralized application enabling centralizing the operations to ensure efficiency and control.
• User-friendly applications and screens that increase user comfort and efficiency.
• High level of parameterization at the system level, application level and module level.
Facilitates quick deployment and customization.
• Extensive security features for tighter monitoring and control.
• Modularized, Flexible and Highly parameterized design-facilitating deployment of all or
specific modules based on business requirements.
• Capable of supporting input screens in multiple languages. Also the screen language
preference can be configured at the user level.
Intellect Origination
Intellect Credit Origination system is a highly evolved sourcing and credit evaluation model
which has been envisaged to support Credit origination process through the entire cycle
including Lead Management, Application processing, Contact Point verification, Automated
Credit Decision, Underwriting, Risk and related functions.
It is an integrated rule based parameterized system capable of Straight Through Processing with
exception based manual intervention. It has the capability to integrate Bank users with their
agencies and their systems.
Features of Intellect Origination:
• Configurable workflow based transaction processing
• Processing system which will service the following: Lead Management, Application
Processing, Contact Point Verification, Underwriting, Risk and other related functions
• Configurable business rules
• Online Real-time Rules Execution
• Configurable Letter generation & reporting modules
Intellect Lending
Intellect Collect
Intellect Collect is a cost-effective, quick payback efficient solution to the most difficult
collections challenges. The unique collections solution has a comprehensive set of tools to
effectively control the rising tide of delinquencies. This would dramatically enhance an
institution's effectiveness in collecting and recovering money. The customer based collection
process; helps the financial institutions improve competitive position, customer relationship
and therefore customer loyalty.
Intellect Collect easily scales from thousands of cases to millions of collection case by virtue of
its being powered by Java and the architecture being Web based. The n-tier architecture uses
modern relational database design and a user-friendly graphical user interface (GUI).
Features of Intellect Collect:
• Efficient tracking using Customer Relationship Concept for monitoring group exposure /
delinquency/ performance.
• Graphical User Interface for quicker navigation enabling collectors to efficiently interact with
the customers and maximize their productivity.
• Dynamic alerts for mandatory field updation.
• Automated follow-up reminders helps
• Avoid cumbersome diary entries by collectors
• Avoid being collector dependent
• Continuity in collection
• Persistent follow up - there by increase in productivity.
• Broken Promise Tracking records the instances of promises not kept thereby empowering the
collector to strategize his calls.
Intellect Trade
The Intellect Trade Finance Platform (TFP) provides for a comprehensive and proven Trade
Finance processing solution for the bank’s trade services department. It provides for a robust
and integrated platform for automating the complete cycle of trade finance and payment
transactions, in line with the UCP and SWIFT requirements for banks globally. With over 16
years of system development and services expertise in the areas of trade services processing,
the TFP from Polaris Software Lab offers an advanced and highly flexible technology
infrastructure for trade processing.
Features of Intellect Trade:
• Workflow-centric solution
• Superior document imaging capabilities
• Capability to define ‘product-variants’ on the fly
• Processing efficiency
• User friendly and ease of operation
• Parameter driven system
• Lightweight browser-based application
Intellect Treasury
Intellect Treasury platform developed by Polaris is an integrated solution for front office,
middle office and back office treasury operations. It provides functionality for end – to – end
automation of treasury functions, from deal capture to accounting and final settlements. It
supports a wide variety of treasury products:
• Foreign Exchange
• Money Market
• Fixed Income Securities
• Derivatives
♣ Interest Rate swap
♣ Interest rate Futures
♣ Forward rate agreement
♣ FX Options
Structured Products
♣ Market Linked Deposit
♣ Dual Currency Deposit or Premium Deposit
Features of Intellect Treasury:
• 24X7 Availability
• User-friendly front-end interface
• Online real-time interface with host database during transaction processing
• User access rights based dynamic menu generation.
• Common configuration management system
• High scalability at very low marginal cost
• EOD process control
Intellect Armor
Armor is an integrated suite of security services to provide end-to-end security, enabling
organizations to secure applications with minimal effort and low cost.
Armor makes it easier for end-users, administrators and developers to maintain system security
by offering the following services:
• Single sign-on to Web, Desktop and Telnet applications, through a simple, easy to use
browser-based front-end.
• A Single point administration tool for administrators to manage the security administration of
multiple applications used by the organization.
• A complete set of APIs and a wide choice of authentication methods to build security
functionality into their applications with minimal effort.
Intellect Integrator
Intellect Integrator is a middleware layer that links various clients and business applications
and provides clients a single standardized interface to interact with business systems and their
services. Intellect Integrator serves as a pass through station between clients and business
applications and addresses all integration challenges faced by organizations. It is a flexible and
configurable enterprise application integration solution that can be used for integrating any
front-end with back-end business applications. Thus, Intellect Integrator enables organizations
to integrate their mission critical business applications running in heterogeneous systems in an
orderly, standardized and convenient manner.
It comprises the following components:
• Highly parameterized and configurable Transaction Engine to manage the transaction
definitions and workflow associated with it
• Message formatting engine that can manipulate the messages and convert them to various
desired formats using configurable rules
• Communication engine that provides the capability to use a few industry standard
communication protocols like HTTP, MQ and LU, to name a few
Service Components like Timer Service, Store and Forward, Batch Process, Bulk Process,
Listeners and Logger Service are available to extend the functionality of Intellect Integrator
1.6 List of system supported functional features
Product Functional Features of banking activities supported by the system
Intellect Core Customer Relationship Module
• Facility for an Easy and One-Time capture of important demographic information of new
customers.
• Facility of Opening, Maintaining and Managing The Transaction, Savings and Overdraft
Accounts and thereby, providing a single integrated relationship/ account opening facility
• Provision for a quick and seamless method of retrieving the previously stored information of
existing customers, who want to expand their relationship.
• Relationship Opening & Relationship Upgrade: This sub-module facilitates customer
demographic details capture and account opening for new holders. It also provides a facility for
an existing customer who wishes to add new products or maintain a new account under an
existing product.
• Product Based Instant offerings: This includes welcome checkbooks, ATM cards, and pin
numbers and printed application/ contract forms.
Customer Relationship Maintenance Module
This module facilitates change of address, change of holders, addition of holders, deletion of
holders of an account, change in customer status and so on.
Account Services Module
• Covering Instructions (Hunting Facility) – Customer having more than one account can
specify the other accounts, which should be checked for balance incase of insufficient funds in
the transacting account. This is known as hunting facility and would happen online. The
priority of accounts to be checked and the channels for which this facility is required could also
be stipulated.
• Earmarking (Marking Lien) - The system would allow users to define the amount to be
earmarked; the reason for the earmark; the effective date and the method of release i.e.
automated or manual.
Other services include:
• Periodic Statement Details Modification Including Frequency
• Interest Accrual and Application Scheme Change
• Financial Status Change – Normal, Blocked, No Debit Or No Credit
• Account Status Change – Active Or Inactive
• Account Closure
• Adding and Swapping of Holders To An Account
• Capturing The Guarantee Details
• Charge Account Modification
• Cheque Book Issuance and Tracking
ATM/ Debit Card Administration Module
• Issue Debit/ Atm Cards
• Maintain Facilities Based On Card Type
• Maintain Transaction Limits For Atm and Pos Transactions
• Modify Card Information
• Hot List/ Close/ Reissue and Reopen Cards
• Link/ De-Link Cards and Accounts
• Generate Batch File For Card Embossing
• Generate ATM Pins and Other Access Channel Pins and Change Pin.
• Issue Second Card
Signature Capture and Display Module
Intellect Core has a signature capture and retrieval system. This module allows users to scan
both customer and mandate signatures, link them to accounts, and store the same. Facility has
been provided to interface with any brand of scanner.
The stored signature can be retrieved and displayed along with the account signature rules on
demand
Charging Module
• Pricing system that allows pricing various combinations of transaction types and service
channels.
• Parameterized at various levels such as product code, access channels, service requested
customers category, etc.
• Facility to modify pricing strategy with changing market needs
• Facility to base-pricing strategies on access channels
• Facility to maintain balance based charges (example on minimum, average, daily minimum,
monthly minimum etc.)
• Facility to waive/ modify the charges at the time of transaction processing over the pre-
maintained charges.
• Facility to charge online or on batch mode
• Provision to define period-based and count-based resetting of charges.
• Charges can be defined as an absolute amount or a percentage of the transaction amount.
• Charges can be maintained under different labels (maximum 6). mis reports can be generated
on the income under various charge types.
• Different charges can be applied for the same transaction, based on the characteristics of the
account and other transaction attributes such as currency of transaction, type of account and so
on.
Accrual and Application Module
Intellect Core provides a comprehensive accrual and application module that is driven by user-
defined parameters. This system provides the features of:
• Defining Base Interest Rates and offsets
• Linking Rates To Indices
• Defining Interest Schemes
• Linking Interest Schemes To Accounts Based On Account/Customer Profiles
• Defining Accrual and Application Frequencies
The accrual can be based on value-dated balances or on book-dated balances. further
parameterization is also possible, based on the balance types to be considered (for example,
minimum monthly average balance, daily balance and so on)
Flexible accrual and application frequency can be defined for both the debit and the credit
balance.
Provision is provided to define multiple offset rates, over and above the base rates, both for
debit and credit balances.
There is a provision for notional pooling of funds for customer accounts. in this, the accounts of
a customer can be grouped under a single umbrella for interest calculation and application
purposes. this facilitates the customer to manage his account liquidity better
Standing Order Module
The possible set of transactions for which a standing order can be defined include the
following:
• Account To Account Transfer
• Issuance of Instruments
• Fund Transfer – Domestic and Cross Border
• Utility Payments
• Sweep
Other Important Features of Standing Order Module Are:
• Instruction can be set to execute either in EOD or BOD or EOD and BOD.
• Facility for automatic re-trial for failed orders – the number of re-trials could be specified.
• In case of sweep, partial or full amount could be specified. if partial were selected, even if
partial amount is available in the account, the same would be transferred. Hunting for the
balance would be done based on re-trial flag.
• Charges can be set for booking of a standing order, execution of standing order as well as
retrials for a standing order.
• Provision to earmark the funds on a future date before initiating the actual transfer.
• Suppression of a standing order instruction for a specific period of time or for a specified
number of payments.
Teller
Intellect Core Teller Is An Integrated Teller System With Multi-Currency Capabilities Catering
To The Requirements of The Branch.
This system effectively processes cash transactions such as deposits and withdrawal to/ from
customer accounts and currency exchange. besides this, it also supports cash deposits/
withdrawals to/ from tide accounts and gl accounts.
Under the gamut of travellers check transactions, this module supports tc issue and purchase,
for both account holders and walk-in customers.
Teller module allows the bank to define the denominations for various currencies and track
them at various levels within the bank including teller, vault and ATM, cash management
centre (CMC)
The module also supports various back office operations like cash movement between vault,
CMC, tellers and ATM, inter teller transfer, cash issue, cash return, proofing and reconciliation.
Intellect Core Teller module also features an adjustment or data entry system that facilitates
direct posting of financial entries into a customer and general ledger accounts. This system aids
posting of rectification or adjustment entries.
Payments Module
• Fund Transfer – Domestic – Incoming and Outgoing
• Fund Transfer – Foreign – Incoming and Outgoing With Interface With Swift
• Cheque Deposit
• Cheque Clearing (Inward and Outward)
• Cheque Collection
• Printing of Instruments and Maintenance of The Stocks
Time Deposit Module
• Time Deposit Booking
• Funding Options of Cash, Debit To Casa, Cheque Or A Combination of Options
• Specify Interest and Maturity Payment Options – Credit To Casa, Cash, Instrument Or Roll
Over
• Specify Customer Spread, While Opening Deposit
• Modifications of Standing Instructions Given Earlier
• Pre-Mature Withdrawal
• Partial Or Full
• Premature Penalty Fee Could Be Defined
• Premature Interest Rate Could Also Be Defined
• Maturity Closure Or Roll Over
• Roll Over Could Be For Principal Or Interest Or Both
• Additional Amount Could Be Added and Deposit Rolled Over
General Ledger System
Collateral Monitoring System
End of Day Operations (EOD)
The Main Activities That Form Part of Intellect Core EOD Are Listed Below:
• Upload of hands-off files received from other systems
• Posting of batch entries
• Explosion of entries
• Integrity checks
• Generation of hands off files to other systems
Customer Communication Module
• Letter/ Advice Maintenance and Formatting
• Letter/ Advice Generation - Online and Batch
• Printing of Letters/ Advice
• Regeneration of Letters/ Advices
• Simulation of Letters/ Advices
Reconciliation Module
The main features of the Intellect Recon module are:
• Maintenance
• External entities and Accounts
• Accounts could be internal or external
• Definition of Rules for the reconciliation of records
• Definition of Groups and linking of rules to such groups
• Rules linked with groups for auto match or for suggestive match
• Reconciliation of transactions posted to NOSTRO accounts with account statement/data-feed
from counter party in the form of MT950 SWIFT message, flat file upload or manual entry of
data.
• System provides for Auto match and Manual match
• Suggestive match based on the rules defined
• Comprehensive Query with Sort/ Filter facility
• Reports and hand off
Intellect Origination The salient features of the system include the following:
• Configurable workflow based transaction processing
• Processing system which will service the following: Lead Management, Application
Processing, Contact Point Verification, Underwriting, Risk and other related functions
• Configurable business rules
• Online Real-time Rules Execution
• Configurable Letter generation & reporting modules
Customer Services
• Filter Application based on Search Criteria
• Search by wild card
• Invoke application from the search result
• View status of application and intimate customer of the stage at which the application is being
processed
• Use Notepad to capture customer instructions on fee, limit. The user can also enter remarks
for the underwriter
• View list products available for cross sell
• View customer letters sent and suppressed
• Print duplicate letters
Application Processing
Document, Income, Profile (DIP)
Ensures a preliminary screening of the application to keep the sales focused on the right target
segment and unnecessary application log-ins gets controlled
Agency Maintenance
Agency Maintenance comprises of the following maintenances:
• Agency - Contact Master
• Agency - Allotment Master
• Agency – Abilities and rates Master
• Agency Performance Tracking Master
• FSE Agency Master
• TAT Strategy Master
Credit Decisioning
Policies can be defined for different stages of application processing. Subjective or Objective
policies can also be maintained.
• Subjective policy is calculated based on various parameters that need evaluation. These are
raised as questions for the user to input.
• Objective policy is based on criteria, which is validated by the system.
• Score Card Calculation
Intellect Lending Limit Calculation
♣ To define the limit for any given application. Limits are arrived at based on various
parameters, which are used for the rules configured in the Limit table
♣ The Final limit for the applicant can be applied based configurable basic limit, deviation,
floor and ceiling limit
Underwriting
♣ The Applicant’s Income and other demographic details
♣ The Applicant’s credit history and credit score
♣ The results of various verifications that have been carried out on the applicant
♣ A review of the applicant’s performance on the various Policy Rules that have to be applied
on him/her.
♣ The underwriting module supports the business user toward approving or rejecting the
application at its various stages. The processes leading to approval or rejection are as follows:
♣ Objective Policy Checks to determine system-recommended Approvals/Deviation
Levels/Limits/Rejections
♣ Calculate Credit Scores and evaluate against the applicable cut-offs and levels for the same
♣ Subjective policy checks and credit limit determination, with possible user override
The system supports the above process using the following:
♣ Queue management – Application approval, referral, decline, diarize application, redo
application
♣ User Management – Application Assignment, Referrals, Escalations
Risk Sampling
Business Rule Engine
The two major components of the rules engine are:
♣ A rule configuration framework, incorporating rule definition into a user interface for
creating, editing, and managing a persistent rule base. This allows the user to maintain rules
and change them whenever the policies get changed.
♣ A rule engine processor that can read in a set of rules, connect to the requisite data sources
and targets, and manage the state of the rules environment, and generate the requisite results
Loan Servicing System
To service the entire loan life cycle including loan booking, disbursal, maintenance, repayment
schedule tracking, accounting, prepayment processing, delinquency and receivables tracking,
non accrual and charge-off processing and collateral management.
♣ Product Definition
♣ Loan Booking (Collateral Details Capture)
♣ Loan Maintenance (Central Limit Monitoring)
Intellect Collect This module helps in proactive follow up of delinquent customers. It supports
the following features pertaining to banking activities:
• Portfolio segmentation
• Work list Priority
• Versatile Communication – Automatic Dunning
• Automatic Escalation – Supervisor Intervention
• Recovery Management – Legal and Repossession
• Supports tele-calling and field visits
• Supports secured and non-secured loans follow up
Intellect Trade Intellect trade covers the following banking functions
Back Office Functions
Letter of Credit
Bills Management
Guarantees
Financing
Front Office Functions
Transaction Initiation
Reporting
Customer Service
Bank Administration
Intellect Treasury It supports a wide variety of treasury products:
• Foreign Exchange (FX)
♣ Spot
♣ Forward
♣ Swap
♣ Margin Trading
• Money Market (MM)
♣ Term Deposits and Placements
♣ Call Deposits and Placements
♣ Notice Deposits and Placements
♣ Discounted instruments
♣ Islamic Instruments
• Fixed Income Securities (FIS)