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CORE BANKING DATA INTEGRATOR




The Solution
 
The Core Banking Data Integrator offer aims to automate and simplify the processes of obtaining and converting the data required for the transfer of information between commercial banks and banking supervisory authorities.
 
Objectives and Benefits
 
Documática has extensive experience of implementing in Angola, Mozambique, and Cape Verde satellite solutions to the banking core in the scope of information and reporting initiatives to central banks.
The implementation of a Core Banking Data Integrator solution is based on a simple and fast implementation project with a cost/benefit ratio, allowing the achievement of the following objectives and benefits:

• To use information management and reporting tool that allows automation of interactions with the central bank
• Replace the current information conversion process, which is performed using Excel files or the MS Access database
  • Manual process and subject to human error
  • A very time-consuming task that requires overtime quite often
  • Eliminate the diversity of data entry points
• Increase effectiveness, decrease manual intervention and, consequently, reduce human error
• Reduce wages and overtime
• Reduce financial losses resulting from fraudulent operations or errors caused by manual data collection