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Banking for all cases

The solu­ti­ons of the OBS Ban­king Engi­ne are as indi­vi­du­al as the needs of your cus­to­mers. With OBS, all pro­ces­ses such as pay­ments, loans, for­eign exchan­ge and secu­ri­ties tran­sac­tions, inclu­ding tax requi­re­ments, can be tailo­red to the needs of cus­to­mers and the requi­re­ments of part­ners and regu­la­tors. Abo­ve all, howe­ver, OBS makes it easy to auto­ma­te pro­ces­ses — even with lar­ge volu­mes. This incre­a­ses effi­ci­en­cy and mini­mi­zes errors. With our OBS modu­les, we pre­cise­ly map the requi­re­ments for banks of all sizes and degrees of spe­cia­li­sa­ti­on: Pri­va­te ban­king, asset ser­vicing, pri­va­te and public banks, spe­cia­list banks and major banks with OBS bene­fit from trans­pa­rent pro­ces­ses, high­ly effi­ci­ent back-office app­li­ca­ti­ons and an open ser­vice-ori­en­ted archi­tec­tu­re. OBS is a com­ple­te ban­king packa­ge that can be used as an inte­gra­ted solu­ti­on or in indi­vi­du­al modu­les. The modu­les repre­sent self-con­tai­ned solu­ti­ons that com­mu­ni­ca­te over inter­faces with each other or with other sys­tems — the­re­fo­re only the requi­red modu­les have to be implemented.

OBS-WPS

Securities

More than any other ban­king busi­ness, tra­ding in secu­ri­ties and deri­va­ti­ves depends on net­wor­king and auto­ma­ti­on. Secu­ri­ties and deri­va­ti­ves Mas­ter data and infor­ma­ti­on on admi­nis­tra­ti­ve actions (inco­me, cor­po­ra­te actions, etc.) as well as pri­ce data must be inte­gra­ted and avail­ab­le in real time. Orders from the bank’s own advi­so­ry ser­vices and from third-par­ty sys­tems must be pro­ces­sed in real time and for­war­ded to tra­ding part­ners. This requi­res inter­faces to stock exch­an­ges, bro­kers, tra­ding plat­forms and depo­si­to­ries as well as to all rele­vant inter­nal sys­tems, inclu­ding accoun­ting, repor­ting and for­eign exchan­ge tra­ding. The OBS WPS modu­le maps the ent­i­re com­plex world of tra­ding in secu­ri­ties and deri­va­ti­ves and is open to all mar­ket participants.

Speed is cru­cial. Secu­ri­ties tra­ding reli­es on con­ti­nuous­ly mode­led pro­ces­ses in the rou­ting of orders and the con­nec­tion of rele­vant stock exch­an­ges. This requi­res open inter­faces, high­ly auto­ma­ted tra­ding and sett­le­ment pro­ces­ses and appro­pria­te repor­ting. OBS pro­vi­des dif­fe­rent views and aut­ho­riz­a­ti­ons for all per­sons invol­ved in the pro­cess, be it in-house invest­ment advi­sors and port­fo­lio mana­gers, exter­nal port­fo­lio mana­gers and asset mana­gers as well as for cus­to­mers. This means that ever­yo­ne has exact­ly the insight they need for their work.

In addi­ti­on, the regu­la­to­ry requi­re­ments, e.g. from MIFIDII, are ful­ly mapped.

OBS-TAX

Tax

Coun­try-spe­ci­fic tax laws, dif­fe­rent tax types, dou­ble taxa­ti­on agree­ments and repor­ting obli­ga­ti­ons: Tax regu­la­ti­ons are com­plex and cau­se a gre­at deal of effort in ban­king tran­sac­tions. With the OBS-TAX Engi­ne we map all rele­vant tax issu­es and auto­ma­te them. The Ger­man tax modu­le in par­ti­cu­lar is cha­rac­te­ri­zed by a wide ran­ge of func­tions: From the final with­hol­ding tax to sales pro­ceeds, inco­me, cor­po­ra­te actions to opti­miz­a­ti­on and repor­ting, the modu­le covers all tax-rela­ted requi­re­ments. OBS deter­mi­nes the tax types on the basis of the infor­ma­ti­on from the tran­sac­tions, deter­mi­nes the tax rates and cal­cu­la­tes the tax amounts from this. In addi­ti­on, coun­try-spe­ci­fic fea­tures are taken into account in the fol­lowing coun­tries: Bel­gi­um, Luxem­bourg, Aus­tria, Eng­land, the Nether­lands and Switz­er­land, the US Withol­ding Tax (QI1 and QI2) and the FTT finan­cial tran­sac­tion tax. Thanks to its open inter­faces, the OBS-TAX Engi­ne can also be easi­ly con­nec­ted to your exis­ting systems.

OBS-GDH

money market & foreign exchange

The most liquid mar­ket in the world requi­res a fast and trans­pa­rent tra­ding sys­tem that inte­gra­tes posi­ti­on data in real time, pro­vi­des on-site advice and sup­ports sett­le­ment lar­ge­ly auto­ma­ti­cal­ly. This is exact­ly what the OBS-GDH modu­le does. It takes into account the spe­cial needs of money and for­eign exchan­ge tra­ding in advice, manage­ment and sett­le­ment. Risks can also be moni­to­red and con­trol­led by com­pa­ring coun­ter­par­ty and tra­ding limits and ana­ly­zing them using Value at Risk. The modu­le com­pri­ses all money mar­ket and for­eign exchan­ge tran­sac­tions, opti­ons, swaps and pre­cious metals tran­sac­tions. With a free­ly con­fi­gura­ble deri­va­ti­ve con­struc­tion kit, the admi­nis­tra­ti­on of fur­ther pro­ducts can also be added quickly.

Exter­nal data from SWIFT, Reu­ters and other tra­ding plat­forms such as 360T are auto­ma­ti­cal­ly inte­gra­ted. Tran­sac­tions can be ent­e­red direct­ly in the branch or during invest­ment advice. The pri­ces are dis­play­ed in real time via a pro­prie­ta­ry quo­te engine.

OBS-KRE

Credit

Digi­ti­sa­ti­on and regu­la­ti­on are the dri­ving for­ces behind len­ding. Cus­to­mers bene­fit from auto­ma­ted pro­ces­ses, fast decisi­ons and finan­cing alter­na­ti­ves. At the same time, the cos­ts for regu­la­to­ry requi­re­ments are gro­wing. New credit stan­dards for dealing with equi­ty and liqui­di­ty requi­re adjus­t­ments to IT systems.

Thanks to its diver­se open inter­faces, OBS mas­ters the inter­ac­tion with mar­ket par­ti­ci­pants and part­ners and crea­tes the basis for digi­tal inno­va­tions. A high degree of auto­ma­ti­on — for examp­le when moni­to­ring credit risks and pro­ces­sing due pay­ments — sim­pli­fies pro­ces­ses con­si­der­ab­ly. OBS shows its strengths when it beco­mes com­plex. The sys­tem can hand­le syn­di­ca­ted and mul­ti-cur­ren­cy loan tran­sac­tions. You can also offer your cus­to­mers com­pre­hen­si­ve sup­port and advice at any time: Real-time exchan­ge with pay­ment, for­eign exchan­ge and secu­ri­ties sys­tems means you always have an over­view. The credit pro­ces­ses are map­ped end-to-end: From credit app­li­ca­ti­on and credit pro­ces­sing to moni­to­ring and inter­nal limit management.

At the same time, the regu­la­to­ry requi­re­ments are opti­mal­ly map­ped in the sys­tem. Of cour­se, the modu­le also pro­vi­des the data for the repor­ting sys­tem accord­ing to Basel II and Ana­Credit. The regu­la­to­ry frame­work gives you secu­ri­ty when struc­tu­ring pro­ces­ses and pro­ces­sing loans.

OBS-KKT

account management

Cus­to­mer and nos­tro accounts can be con­ve­ni­en­t­ly mana­ged with the OBS-KKT modu­le. You can con­trol, mana­ge and moni­tor all dis­po­si­ti­ons in real time. Nume­rous que­ries ensu­re maxi­mum trans­pa­ren­cy, for example:

- Balan­ce que­ries (book, value date, sub­mit­ter balance)
— His­to­ri­cal balances
— Pre­dic­ted future balances
— Sales que­ries accord­ing to various cri­te­ria such as pos­ting date, value date, sales type, amount, etc.

Various con­di­ti­ons can be fle­xi­b­ly stored in the sys­tem. All con­ceiva­ble inte­rest rates, fees and com­mis­si­ons can be com­bi­ned, i.e. saved as stan­dard or indi­vi­du­al con­di­ti­ons. You can make the­se set­tings eit­her indi­vi­du­al­ly for each account, for account groups, or as a glo­bal chan­ge (for examp­le, by a cer­tain per­cen­ta­ge). Account balan­cing is per­for­med auto­ma­ti­cal­ly, perio­di­cal­ly or in real time by the user. It is pos­si­ble to trans­fer account balan­cing to dif­fe­rent accounts as well as to com­pen­sa­te accounts.

Account state­ments from OBS-KKT are crea­ted both dai­ly and perio­di­cal­ly, and in addi­ti­on to paper, PDF and email, stan­dards such as SWIFT and HBCI are also sup­por­ted. New tur­no­ver noti­fi­ca­ti­ons can be gene­ra­ted as push messages or, for examp­le, via SWIFT MT942. In addi­ti­on to data from OBS-KKT and OBS-ZAV, fee trans­pa­ren­cy in accordance with the Pay­ment Accoungs Act also inte­gra­tes exter­nal pro­vi­ders, e.g. of credit cards.

OBS-PMS

Private Banking & Asset Management

Suc­cess­ful pri­va­te ban­king and asset manage­ment depends on the trust of their cli­ents. It is more important than ever to offer cli­ents the right advi­so­ry ser­vices: Whe­ther in direct dis­cus­sions with cus­to­mers or via smart­pho­ne, Robo Advi­sor or port­fo­lio mana­ger, from your own ban­king modu­le or via a third-par­ty pro­vi­der. OBS plays con­fi­dent­ly on all chan­nels and sup­ports cli­ent advi­sors and asset mana­gers in their work in the best pos­si­ble way. It pro­vi­des a real-time over­view of all posi­ti­ons, lines and risks. Indi­vi­du­al invest­ment stra­te­gies can thus also be effec­tively imple­men­ted. OBS-PMS sup­ports collec­ti­ve orders and the auto­ma­tic reb­a­lan­cing of port­fo­li­os as well as indi­vi­du­al orders. Both indi­vi­du­al and stra­te­gy-based restric­tions are taken into account. Bench­marks and sam­ple port­fo­li­os flow into both repor­ting and port­fo­lio moni­to­ring. Free­ly definab­le views and ana­ly­sis tools can be used for indi­vi­du­al port­fo­li­os or ent­i­re port­fo­lio groups as well as for indi­vi­du­al cus­to­mer quan­ti­ties. OBS-PMS is ful­ly inte­gra­ted into OBS, but the open archi­tec­tu­re allows the inte­gra­ti­on of addi­tio­nal tools at any time.

OBS pro­vi­des cus­to­mers and port­fo­lio mana­gers with detail­ed reports and eva­lua­tions, such as asset reports, tran­sac­tion reports, per­for­mance and risk indi­ca­tors. The sys­tem thus pro­vi­des you with an over­view and con­trol in real time.

OBS-REW

financial accounting

As dif­fe­rent as the tran­sac­tions of banks are, so indi­vi­du­al are the requi­re­ments to the boo­king sys­tem. As a mul­ti-cur­ren­cy sys­tem, the OBS-REW modu­le offers maxi­mum fle­xi­bi­li­ty. The accounts and led­ger can be set up indi­vi­du­al­ly. The cor­re­spon­ding order books (sub­led­gers) can be mana­ged for a gene­ral led­ger; the­se sub­led­gers are auto­ma­ti­cal­ly recon­ci­led with the gene­ral led­ger. The basic func­tions inclu­de for­eign cur­ren­cy valua­ti­on, the pos­si­bi­li­ty of adjus­t­ment postings in old peri­ods, the pro­ces­sing of accru­al postings and year-end clo­sing postings.

In addi­ti­on, OBS-REW gene­ra­tes mea­ning­ful balan­ce she­ets and eva­lua­tions. OBS-REW can also be used to con­so­li­da­te several cli­ents in one con­so­li­da­ted balan­ce sheet.

In each pos­ting, OBS-REW trans­ports a cost cen­ter, the pro­ject key, the link to the ori­gi­nal pro­duct and to the ori­gi­nal port­fo­lio. This means that all infor­ma­ti­on is avail­ab­le for trans­fer to a con­trol­ling system.

OBS-ZAV

payment transactions

Paying has beco­me easier and more diver­se for cus­to­mers today. More and more pay­ment pro­ces­ses are vir­tua­li­zed and trig­ge­red by mobi­le devices. New spe­ci­fi­ca­ti­ons such as PSD2 allow third-par­ty pro­vi­ders to access bank data. Pro­ce­du­res such as instant pay­ments with real-time trans­fers around the clock are also chan­ging pay­ment processes.

This poses major chal­len­ges for banks. They have to ser­ve a rapidly gro­wing num­ber of inter­faces, intro­du­ce real-time pro­ce­du­res and com­ply with legal requi­re­ments — for examp­le in risk and liqui­di­ty management.

In view of the mul­ti­tu­de of pro­ces­ses and the lar­ge num­ber of busi­ness part­ners, clea­ring houses and regu­la­tors, open stan­dards and clear pro­ces­ses are essen­ti­al. The pay­ment tran­sac­tions modu­le OBS-ZAV offers the best basis for natio­nal and inter­na­tio­nal pay­ment tran­sac­tions: real-time exe­cu­ti­on, his­to­ri­cal data and auto­ma­tic inte­gra­ti­on of pay­ment orders via SEPA, SWIFT and other clea­ring sys­tems. The pro­ces­ses for all com­mon forms of pay­ment are con­sist­ent­ly auto­ma­ted and coun­try-spe­ci­fic func­tions are implemented.

Of cour­se, the tech­ni­cal requi­re­ments of PSDII are also map­ped via the open inter­faces of OBS-ZAV.

OBS-REP

Reporting

The finan­cial sec­tor is one of the most hea­vi­ly regu­la­ted sec­tors of our eco­no­my. Banks have to report regu­lar­ly — dai­ly and some­ti­mes even in near real time — on their busi­ness ope­ra­ti­ons. This is an enor­mous effort, which is not fea­si­ble without auto­ma­ti­on and power­ful software.

This is exact­ly what the OBS-REP modu­le does in two are­as: sta­tis­ti­cal repor­ting and tran­sac­tion reporting.

- For the sta­tis­ti­cal reports (Bista, sta­tus etc.) the data from OBS is collec­ted and trans­fer­red to a repor­ting sys­tem (in Ger­ma­ny BAIS and ABACUS).

- For tran­sac­tion repor­ting (EMIR, MIFIR, and in future also CSDR), the tran­sac­tions are stored in a sepa­ra­te data­ba­se and trans­fer­red direct­ly to the cen­tral regis­ters. From the­re, the exe­cu­ti­on or error messages are received.