FANAP | Fanap- Core Banking, Payment Switch, Modern Banking (Internet, Telephone, Mobile), Retail Banking, Islamic Banking
Overview:
Fanap Co, also formerly known as ICT Pasargadaryan, came into being in the year 2005. The company was created in collaboration with international co-workers and Iran’s second largest bank, Bank Pasargad (FANAP is short for Fanavari Ettelaat va Ertebatat Pasargad Aryan). Fanap owners are involved in heavy investment and focus on research and development of its products. Based on a flexible and scalable infrastructure, Fanap systems are dedicated to providing banking and financial solutions to institutions all over Iran and the globe. Fanap has compiled a comprehensive product portfolio consisting of a core banking system, a payment system and a suite of modern banking system.
The core banking capabilities connect front-office activities with back-office systems, enable real-time processing of key financial transactions, and speed the development of multichannel products and services that meet the needs of the demand-oriented market of Iran.
Fanap core banking system has a four-tier architecture of database, application, Web services, and presentation layers built on a SOA platform. Additional industry leading technological standards employed by Fanap are listed as follows:
J2EE standard
Hibernate
LDAP
MVC pattern
SOA (Service Oriented Architecture)
Database independent
OS Independent
Standard communication with the lateral systems
The payments system is up to date with the continuously evolving new payment options, operating in a safe and secure environment supporting a network of payment switches, card management systems and internet payment gateway. The system supports major payment channels such as ATM, POS, Pin Pads, and so forth.
The modern banking suite is comprised of mobile banking, telephone banking and internet banking with each of the modules operating in a secure and safe environment providing value adding features to the customers. The Modern banking suite makes wealth management for its customers possible without a classic in person interaction between the bank and the customer.
Products:
Fanap Core Banking: The Core banking solution is a customer-centric, real-time, centralized database solution that provides a 24x7 continuous processing for banks and financial institutes and also supports a wide range of customer, product build, deposit, lending and payment functionality for the retail banking environment.
The structure of Fanap core banking system is as below:
Base
o Configuration Management
o Customers
o Accounting and General Ledger (GL)
Banking Products
o Deposit and Cheque
o Bonds
o Loan
o Guarantee
o Letter of Credit (LC)
o Foreign Exchange
o Safe Deposit Box
o Automated Clearing House (ACH)
o Real Time Gross Settlement (RTGS)
Additional Tools
o Document Management
o Query Generator
o Report Designer
Payment System: The payments solution from Fanap is a market-ready universal financial platform for banking and financial markets. This feature-rich solution from Fanap, through its rule-based components, provides unique features for routing payments to the right channel.
Payment Switch
o Supporting financial transactions from several channels (e.g. ATM, POS...)
Card Management System
o Debit Cards
o Credit Cards
o Debit/Credit Cards
o Prepaid Cards
Payment Gateway
o Supporting all kind of the transactions in a safe mode
o ePayment
o mPayment
Modern Banking: Fanap’s Modern banking makes wealth management for its customers possible without a classic in person interaction between the bank and the customer.
Fanap modern banking system includes three main parts as below:
Internet Bank
Telephone Bank
Mobile Bank
Fanap modern banking system provides banks/financial institutes with some various services, such as:
Debit Card
Credit Card
Deposit
Loan
Main Characteristics:
Providing value adding internet, telephone and mobile banking services
Service oriented architecture
Providing Debit/Credit cards services
Loan, bond and bank deposit services
Providing LC (Letter of Credit) services
Supporting smart cards
Dedicating a username for more than one customer in the case of common bank deposits
Communicating with the online customer via SMS
( for more information see FANAP )
Platform:
Fanap Core Banking system is platform and database-independent and runs on multiple operating systems including zOS, MVS, UNIX, Windows, RISC based servers with Unix, IBM AIX, HP-UX and Sun Solaris.
Fanap recommend an ideal platform of HP Integrity RX servers for scale-up, performance, and server consolidation workloads with low total cost of ownership (TCO), coupled with a relational Oracle database.
Clients:
Bank Pasargad, Iran
Bank Toseh Tavon, Iran
Bank Day, Iran
Resalat Qardalhasana Bank, Iran
Tourism Bank, Iran
Contact:
Head Office:
#94, Motahari Ave.
Tehran Iran
Tel: +98-21-88327607-9
Fax: +98-21-88327614
Banking Solution Department:
#426, Mirdamad Blvd.
Tehran Iran
Tel: +98-21-88208629-32
Fax: +98-21-88208496
eMail: fanap@bankpasargad.com, info@fanap.ir
Website URL: www.fanap.ir
