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.