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Banking Software -universal, retail, private, wholesale core banking systems

another inntron summary in the banking systems intelligence and links set for the international market context

 
vendor of interest  |  summary

TietoEnator

TietoEnator  - TietoEnator Core Banking Suite (formerly PBS Core Banking), BankSyst
In 2005-6, AttentiV banking systems group of the UK was taken over by and absorbed into TietoEnator group.

Overview: For Banking and Finance, TietoEnator deliver solutions for core banking and e-banking, international payments, and cards.

TietoEnator Corporation was formed in 1999 from a merger of diversified Nordic systems houses, Tieto of Finland, and Enator of Sweden.

Tieto (founded 1968) + Enator (founded 1995) = TietoEnator (1999)

The core banking solutions area can trace it roots back to the sixties, to a computing centre for banks that in 1990 spun off Provida, which operated for a decade as a Norwegian listed software vendor to the international banking market, and was later acquired to form the core of the banking solutions vertical.

The company is based in Finland with branches in 22 countries and customers in more than 30. TietoEnator is a leading European supplier of high value-added IT services, with more than 12,500 employees and annual net sales of 1.4 billion euro.

Product: PBS Core Banking, BankSyst

TietoEnator Financial Solutions, through PBS Core Systems, provides customer-centric real-time accounting across all distribution channels.

PBS Core Systems is an integrated, yet component-based application for retail and corporate banking that supports real-time accounting, multi-currencies, multi-language, multi-banking and multi-channel strategies.

PBS Core Systems consists of components that can be installed independently and integrated onto a current retail and/or corporate banking environment. At the heart of PBS Core Systems are comprehensive customer, product, and agreement management modules. This provides a single and complete view of the financial institution's customers and their engagements with the institution.

PBS Core Systems manages deposit and loan products and credit and debit cards. The application includes a world-leading liquidity management component, to be used by large corporates to perform cash pooling, sweeping etc.

  • High Level List of Modules:
Customer Information
Product Warehouse
Corporate Account
Deposit
Loan
Card and Corporate Card
Entry
Module name
Previous name
PBS Core Systems ProRetail ProRetail
PBS Customer Information ProCIS ProCIS
PBS Product Warehouse Product Warehouse Product Warehouse
PBS Deposit ProDeposit ProDeposit
PBS Loan ProLoan ProLoan
PBS Corporate Account (new) (new)
PBS Card ProCard ProCard
PBS Corporate Card (new) (new)
ProWarning (new) (new)
PBS Entry TMS TMS

Platform: PBS Core Systems is developed to run on any IBM-S370/390 (or compatible) mainframe. The software requirements for a mainframe version are as follows:

Operating system
TP monitor
DB monitor
MVS/ESA
OS/390

IMS
CICS

DB2

The PBS Core Systems is portable to alternative technological platforms (UNIX, Microsoft NT and various transaction and database systems).

Clients:

(IBS 2007 primarily retail banking | Core Banking Suite | Total Customers: 6 / New Signings in Yr: 0)
(IBS 2006 / TietoNator ProRetail - Total Customers 6 / Live Sites 101)

(IBS 2005 / TietoNator ProRetail - Total Customers 6 / Live Sites 101)
(IBS 2004 / TietoNator ProRetail - Total Customers 22 / Live Sites 21)
(IBS 2003 / TietoNator ProRetail - Total Customers 16 / Live Sites 14)


AttentiV Systems banking systems group product, Summit retail banking solution (formerly from Lynx Financial), is under TietoEnator since AttentiV taken over by TietoEnator
Clients:
(IBS 2004 / AttentiV Summit Total Customers 40 / Live Sites 36)
(IBS 2003 / AttentiV Summit Total Customers 42 / Live Sites 37)


Sept 04 : Number of takers - Five major banks with 95 partnership banks on multi-bank configurations.

Barclays Bank (UK) - implemented strategic modules of PBS Core Systems in Business Banking
Den norske Bank (Norway)
Halifax Bank of Scotland (UK) - the longest standing core banking customer
Nordea Group (Norway 1 installation, Sweden 2 installations) - for corporates cash management
Swedbank + 93 cooperating banks (Sweden) - in core banking partnership with TietoEnator

Banca di Roma

Contact:
Head Offices -
Finland, telephone: +358 9 862 6000
Sweden, telephone: +46 8 632 14 00

Jukka Rosenberg, Senior Vice President and President of Banking & Finance
(e-mail: first name.last name@tietoenator.com)

former AttentiV Systems Group plc
Tietoenator Corporation
Gainsborough House
Houghton Hall Park
Houghton Regis
Bedfordshire
LU5 5XF UK
Tel: 01582 845000
Fax: 01582 866927

TietoEnator Corporate Singapore
26 Andrew Road
Singapore, 299952
Tel: +65 62530554 or +65 91906610
Fax: +65 62530554

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