ARBES News

ARBES has yet again flexibly responded to new market and regulatory requirements. Following the decision to launch Central Depository services, ARBES has come up with a new solution that fully supports this new service. UNIVYC has become the Central Depository for securities (CSD), taking over the complete SCP agenda and will fully replace it with its services provided via the existing PSE interface on July 1, 2010. 

ARBES has begun the development and implementation of new specialized functionalities in its ARBES TOPAS solution at Ceská Sporitelna. The system extension will enable the full support of the depositary processes the ARBES TOPAS system uses for its administration. In addition, the implementation of new functionalities for Cash Flow agenda support is also part of the contract. In both cases, ARBES is following up on the successful analysis of the needs of Ceská Sporitelna, which was carried out over the past two months. This is the third stage of the implementation of new functionalities following the successful implementations of the first two stages last year. 

ARBES has begun an extensive implementation of expanded functionality of its ARBES OBS solution for retail banking support at Wüstenrot mortgage bank. ARBES is thus following up on the previous successful cooperation from last year, when Wüstenrot began using the ARBES OBS system. 

Banco Fiducário Internacional, a Portuguese private bank which has been successfully running the ARBES OBS solution at its bank on the Cape Verde Islands for several years, has signed a contract with ARBES for another system extension with new technologies and functionalities. Internet banking for private clients will get a new face of Java technology within the project currently underway. Bank users will be able to operate the entire application only via thin client after the new version of ARBES OBS is implemented.  

WPB Capital is one of the largest and most dynamic savings associations on the Czech market. WPB has decided to implement the new ARBES OBS information banking system that, in accordance with the firm’s development plans, will provide clients access to accounts via the most up-to-date remote banking channels, such as the Internet and SMS banking. It will also make the expansion and transformation into a banking institution with a banking license easier.

ARBES signed a contract and began a Product and Process Analysis project for PPF banka in September. The bank is currently finalizing preparations for a new banking project focusing on retail clientele. ARBES was selected to compile exhaustive and detailed documentation describing the bank processes and products and their support within the banking information system. At the same time, ARBES also began preparations to implement its ARBES OBS banking solution at PPF banka. The analysis is being created utilizing the most up-to-date tools.

The ARBES Portal is an internet/intranet portal which in the future will consist of three blocks: WebReports, WebApplications and Workflow. The first phase of the portal is the WebReports module which enables web access to the data managed in the ARBES FEIS information system or other systems. Based on the access rights and the rules set by the system administrator, data can be quickly and easily handled by regular users who prefer web access as a practical alternative to application and data integration within the company portal or to remote access. The same applies to employees who do not have the need or competency to work with data in the FEIS system but need a given report for other purposes. Working with reports in the web environment is significantly easier and more intuitive. Typical examples are accounting and financial reports for management and overviews concerning expenses, assets and purchase for other centers.

The Bank of Georgia was the first bank in Georgia to offer its clients direct banking with the support of communication via the Internet in combination with multi-generation mobile banking. The ARBES OBS software platform, which allows bank clients to carry out numerous operations remotely – from online payments, payment card blocking and the setting of standing orders and collection orders to international bank transfers, currency conversions and many other types of transactions – was implemented at the bank by ARBES Technologies in 2008 during a period of just six months.

Georgia’s largest bank has witnessed a huge increase in clients and users of direct banking channels following the implementation of the Internet and Mobile Banking system from the ARBES OBS family. ARBES has recently begun new ARBES OBS Internet and Mobile Banking system development and implementation. The new system delivery in Georgia will be carried out in two stages, scheduled for completion by the end of this year. 

Atlantik Financni trhy has chosen ARBES as the supplier of a strategic solution for a new field that will be a field of activity for the group in the coming years. ARBES has begun the implementation and delivery of ARBES TA, a specialized solution for the purchase and distribution of mutual funds.