Abraxsys

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.

Overview

Every successful financial institution depends on robust, reliable, secure software.Abraxsys is a powerful, fully integrated banking solution whose complete portfolio that provides real-time, multi-user, multilanguage, multi-currency and multi-branch banking and similar operations. Its rapid, low-risk, low-cost implementation in no way compromises on flexibility or customisation.

Abraxsys automates all aspects of an institution’s business activity in a modular solution that is easily configured and adapted to your specific workflow needs, whether you’re a completely new banking operation, are replacing legacy systems, or using its specialist modules to manage finances in any other business.

Complete systems integration is an essential part of successful innovation and growth. In a perfect world, transaction details would be entered only once, counterparty data automatically verified, and regulatory requirements always met or exceeded.

An integrated system that links each business process eliminates the need for rekeying, prevents duplication of data and, ultimately, avoids reconciliation errors. It means connections to external transactions are built once and re-used many times across all banking activities. All of which helps improve productivity and profitability of business lines. That’s why historically, much effort has been expended by banks on connecting interdependent systems.

Key Features

The Abraxsys central services platform is built around the general ledger, utilising its Platform Modules (static data, central accounting, credit control and business intelligence) as the core engine used across the system. Pre-built, pre-configured Transaction Modules for each operational area provide the business line functionality. However limited the scope of your initial installation, because all other modules are present but not activated, scaling operations up is simply a matter of activating and configuring the relevant module(s) to suit your plans.

The comprehensive reporting facilities in Abraxsys deliver highly relevant and timely management information to aid key decision making at all operational and executive levels.

Based upon open standards, abraxsys can be easily and quickly implemented, enabling rapid ROI. It provides an economic, highly-available platform from which an industry-leading banking service can be delivered.

Product/Service details

SOLUTION OR SERVICE TYPE