Absolut

 Absolut system is designed and developed on Oracle and Java platform. Its main features include:

• On-line centralized system;
• Open architecture, allowing seamless integration with other applications such as: Internet banking systems, national payment systems (RTGS, ACH systems and similar), SWIFT applications, Reuters applications;
• Flexible system: Absolut can be easily adapted to the specific requests of any customer; it allows creation/modification of banking products without the intervention of the application provider, through a very sophisticated, user-friendly configuration functionality and reporting facilities, both available to the application’s administrators from the application interface;
• Multi-branch system, offering the possibility of defining lower level structures (sites, work-sites with or without their own financial statements);
• Multi-language system;
• Advanced application security (the permits / denies for access rights are managed through a very complex functionality, criteria available for granting algorithm being, for example, the transaction amount, account, customer, banking product or even a specific operation on a product); the system assures the availability of historical data and the traceability of all actions, either end-user made or administrator made;
• Audit information provided at all levels;
• On-line help.

 Sectors supported by the system

• Banks
• Non-banking financial institutions
• Leasing companies
• Insurance brokers

 Applications

• Absolut core-banking
• Absolut internet banking
• Absolut management information system (MIS)
• Absolut cards management
• Absolut insurance