THE ADVANTGE OF OUR SOLUTION
UP TO DATE DESIGN
It's very important for us, how our applications looks like. We develop our apps in the way, they are easy, comfortable and intuitive for the user. We try to make the look of our apps simple and timeless.
FLEXIBILITY
Our apps are as flexible as possible. They adapt easily to particular requirements and if they are beyond parametrisation we quickly addapt our software to meet specific needs.
MODERN SOLUTION
We use it in design, databases and the way we coding applications. The world changes continously and so we permanently modify our solutions for you.
SIMPLE LICENSING
We use simple licencing model per unit or as serivice in the cloud or locally by the customer. Our flexible approach allows us to adapt to your specific requirements.
years of experience
deployments
hours
lines of code
GrayBoxEIR
Effective Interest Rate
Based on repayment schedules and commissions the system supports the valuation of assets and liabilities at amortized cost including the effective interest rate (EIR) for products such as credits and loans, deposits and securities.
Xares
Liability Management
XARES, updated to version 2.1, is Front- and Mid-Office system in terms of managing products such as loans, credit lines, deposits and derivatives (FX Swap / Forward, IRS) as well as bonds (issued and purchased on secondary market), guarantees and securities.
Basel III
Reporting Systems
Our Xares Tools report definition system has been provided to create liquidity gap, LCR and NSFR reports per day and per month. At implementation, we will provide you with LCR template C51.00, C52.00, C53.00 and C54.00, NSFR template C60.00 and C61.00 and Liquidity Gap report definitions.
Black Box
Budgeting Support
Black Box provides an analysis of current production and its impact on future movements, and also, on the basis of historical data and the given parameters, predicts future flows taking into account the various external factors (e.g. financing costs).
ANDVARI
Commission Management
ANDVARI imports accrued commissions from source systems and allows to input commission adjustments. Enhanced acceptance system allows monitoring all commission payable by sales department, accounting or HR
Data warehouse
and reporting
On the basis of data repositories, data warehouse or other databases, we create comprehensive reports adapted to the individual requirements of each organization. It is not necessary to have a big data warehouse to generate a good report, including liquidity Gap, LCR, NFSR
OUR PRODUCTS FOR FINANCE
Our most important products are:
GrayBoxEIR: flexible module of calculating receivables and liabilities on the basis of the effective interest rate.
Based on repayment schedules and commissions the system supports the valuation of assets and liabilities at amortized cost including the effective interest rate (EIR) for products such as credits and loans, deposits and securities. Enhanced interface and reports allow to follow all the calculations in both analytic and synthetic way. Our solution features also a fully auditable adjustment module.
XARES – liability management system
XARES, updated to version 2.1, is Front- and Mid-Office system in terms of managing products such as loans, credit lines, deposits and derivatives (FX Swap / Forward, IRS) as well as bonds (issued and purchased on secondary market), guarantees and securities. XARES also supports Back Office with liquidity metrics, supervising reserves, and enabling stable asset introduction and monitoring. XARES can be linked to external feeds containing current exchange and interest rates.
ANDVARI - seller commission management system
ANDVARI imports accrued commissions from source systems and allows to input commission adjustments. Enhanced acceptance system allows monitoring all commission payable by sales department, accounting or HR. With ANDVARI, the commissions payable are automatically posted on monthly basis within ANDVARI itself and GL external systems, the commission information is sent to sellers and their supervisors. The person responsible as well the seller himself can monitor commissions on an ongoing basis.
the Liquidity Gap, LCR or NFSR and other reports
By using our XARES Tools it is easy and effective to set up any tabular report, including these required by BASEL III standards. We precompile data to quickly generate reports on a daily basis.
Black Box – budget forecasting system
Black Box provides an analysis of current production and its impact on future movements, and also, on the basis of historical data and the given parameters, predicts future flows taking into account the various external factors (e.g. financing costs). The first calculations reach an over 95% level of forecast accuracy. Black Box is constantly being developed, adapted and optimized.
Data warehouse and reporting
On the basis of data repositories, data warehouse or other databases, we create comprehensive reports adapted to the individual requirements of each organization. It is not necessary to have a big data warehouse to generate a good report, including liquidity Gap, LCR, NFSR. The necessary information can be extracted from source systems, properly processed and presented.
Our solutions are available as Licensed Software as well as Software as Service.
Are you interested in our offer?
Regardless of whether it is a large application supporting financial management, data warehouse or a simple report - we will do it efficiently and effectively!