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ARBES Helps WPB Capital Savings Association with Service Development

January 19, 2010
ARBES launches ARBES OBS banking system implementation at WPB Capital
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.
The ARBES OBS software platform is a modern banking system that can cover a complete banking agenda including all Back Office and Front Office operations, remote branch support, main accounting ledger generation and all functionality for running communication channels, such as the Internet, GSM, email, etc. Thanks to its multi-level architecture and modular conception, the system is very flexible and can be adjusted according to customer requirements. The system can thus be used by various types of bank as well as payment service providers. The individual modules can also work together with any other system in the bank.

Not only will the complete ARBES OBS solution be implemented but it will be enhanced with new functionalities, in cooperation with WPB Capital. The system will be used for new clients as well as the current WPB Capital client base, now totaling approximately 5,000 clients. With a growing number of savings association members, the system can be further expanded in the future. Routine system operation is planned for the third quarter of 2010.

“We would like to provide our clients with a comprehensive offer of banking services in the future. One of the reasons why we chose the banking solution from ARBES is that we are planning to acquire a full banking license,” said Tibor Kapralčík, who is responsible for the system implementation at WPB Capital. “We believe that the new information system will make the execution of our strategic plans easier,” he added.