Features
Application | Standard | Hosted |
---|---|---|
Manage multiple financial entities. | Option | Option |
Unlimited currencies. | Option | Yes |
Support for commodities as currencies for brokerage services. | Yes | Yes |
Document repository for storage of scanned documents. | Yes | Yes |
Linkage of stored documents to application objects. | Yes | Yes |
Built-in Diary and Task Management systems. | Yes | Yes |
Microsoft SQL Server data storage support. | Yes | Yes |
Crystal Reporting engine support. | Yes | Yes |
General ledger | Standard | Hosted |
---|---|---|
True multiple currency general ledger. | Yes | Yes |
Default or From/To margins for FX transactions. | Yes | Yes |
Financial statements for internal, public, group and jurisdiction reporting. | Yes | Yes |
Strong transaction type control to reduce posting errors. | Yes | Yes |
Optional pre-load of monetary value to a transaction type. | Yes | Yes |
Service fees/charges attachment to any client transaction type. | Yes | Yes |
Fully automatic journal reversal or deletion with audit trail. | Yes | Yes |
Consolidated report designer for one-off GL-based reports. | Yes | Yes |
Banking | Standard | Hosted |
---|---|---|
Customer accounts in any currency/commodity. | Yes | Yes |
Current, saving, deposit, loan, call, CD and commodity account classes. | Yes | Yes |
Up to 100 client bank account type variations in each account class. | Yes | Yes |
Unlimited number of account holders. | Yes | Yes |
Interest may be none, fixed, variable or banded on balance ranges. | Yes | Yes |
Flexible service fees structures by account type or customer. | Yes | Yes |
Support for commissions to Certified Professional Intermediaries (Agents). | Yes | Yes |
Simple wizards hide the complexity of initiation or review of client transactions. | Yes | Yes |
Automatic notifications in multiple languages keep client and staff involved and informed. | Yes | Yes |
On-Line Banking | Standard | Hosted |
---|---|---|
Fully multiple currency. | Yes | Yes |
Optionally allow existing clients to open new accounts without intervention. | Yes | Yes |
Optionally allow sub-users to view accounts as “read-only”. | Yes | Yes |
Clients may effect inter-account payments in real-time. | Yes | Yes |
Clients may order and track wire transfers and bankers drafts. | Yes | Yes |
Optionally allow clients to purchase term deposit products without intervention. | Yes | Yes |
Clients may create periodic standing orders for payments and transfers. | Yes | Yes |
Clients may use an escrow system for client-to-client transactions. | Yes | Yes |
Clients communicate with the bank via an encrypted message system. | Yes | Yes |
Optionally allow new clients to enroll online. | Yes | Yes |
Cards | Standard | Hosted |
---|---|---|
Integrate with third party debit and credit card provider. | Custom | Custom |
Load/unload value to/from cards. | Yes | Yes |
Make payments between cards. | Yes | Yes |
Integrated statements. | Yes | Yes |
Commodity Exchange | Standard | Hosted |
---|---|---|
Commodities are treated as currencies. | Yes | Yes |
Digital commodities are fully supported. | Yes | Yes |
Control of physical storage of warehoused commodities. | Yes | Yes |
Optionally allow clients to purchase coin/bar products for physical delivery. | Yes | Yes |
Connection to third-party digital bullion resources. | Custom | Custom |
Task Manager | Standard | Hosted |
---|---|---|
Unlimited tasks with unlimited steps per task. | Yes | Yes |
Group or user handling of task steps. | Yes | Yes |
Task document mark-up and annotation. | Yes | Yes |
Assignment of priorities to tasks. | Yes | Yes |
Personal task management console – My tasks. | Yes | Yes |
Merchant Payments | Standard | Hosted |
---|---|---|
Fully multiple currency. | Yes | Yes |
Defined payment currency or list of accepted currencies. | Yes | Yes |
Client identification. | Yes | Yes |
Payment processing from client to merchant. | Yes | Yes |
If successful, credit merchant and debit client. | Yes | Yes |
Transaction status notification to client and merchant. | Yes | Yes |
CornicheAPI | Standard | Hosted |
---|---|---|
Fully multiple currency. | Yes | Yes |
Create and maintain clients. | Yes | Yes |
Create client accounts (within class created by bank). | Yes | Yes |
Enquire on client account balances within authorised account classes. | Yes | Yes |
Post transactions to accounts within authorised account classes. | Yes | Yes |
Post transactions to the general ledger. | Yes | Yes |
Charge fees for use of API transactions. | Yes | Yes |