Indonesia’s Proven Banking Solution for
Next Generation Banking
I. Leveraging IT to Achieve Banking Objectives
Limit risk, while improving business eiciency, addressing regulatory requirements and expanding new channels to secure greater loyalty among customers
II. ARIUM Banking Suite
Indonesia’s Proven Banking Solution for Next Generation Banking
III. Comprehensive Banking Solution
Designed for Growth and ScalabilityA. Banking Operations
1. AlphaBITS Next Generation
Indonesia’s proven core banking system for next generation banking 2. ARIUM Front End
Modernizing Legacy Systems for Enhanced User Interface, Support, and Integration
3. ARIUM Loan Origination
Streamline Credit Decision Process while Strengthening Risk Management and Compliance
4. ARIUM CAM (Consumer Asset Management) One-Stop solution for indirect inancing
B. Banking Channels
1. ARIUM ATM Switching
Internationally proven, secure and reliable ATM and Card Management software 2. ARIUM Internet Banking
Strong security for secure web based service 3. ARIUM Mobile Banking
The real mobile banking application that simpliies transactions
C. Banking Analytics
1. ARIUM Reporting XBRL
An end-to-end automated XBRL reporting application system 2. ARIUM PSAK and ARIUM Finance & Risk
Proven global and national accounting reporting system 3. AIUM Treasury & Investment
I. Leveraging IT
to Achieve
Banking Objectives
Today’s banks are faced with increasing challenges. Business risks from external and internal factors hold banks back from achieving their business objectives. The global economic turbulence has forced banks to improve their liquidity and credit management in an increasingly competitive and highly regulated market.
To overcome these challenges, industry leaders understand the importance of leveraging IT, indicated by banks’ continued growth in IT investment for future business goals. Leveraging IT brings
both internal and external beneits to banks’ operations.
“Telkomsigma believes that
leveraging IT will enable
banks to take advantage
of the shifting banking
environment to minimize
risk, enhance business
growth and meet customer
expectations.”
Internal beneits include:
Improve eiciency in resources and processes by
renewing timeworn core legacy systems, enhancing integration of the banking process, improving credit risk management, and addressing regulatory requirements.
External beneits include:
Strengthen customer loyalty by providing better customer experience through easy access to various banking channels. Through use of ATM,
Mobile Banking and Internet Banking, banks ofer customers added lexibility and convenience.
Limit risk, while improving business eiciency, addressing regulatory requirements and expanding new channels to promote greater loyalty among customers
Banking Challenges
Business and credit risk Increased competition Regulatory compliance Obsolete Banking systems Shortage of IT talent
Objectives in Leveraging IT
Eiciency in operational process
Enhance risk management Growth of loan business Compliance
Integration of branches and sales channels
Expansion of banking ATM & Digital channels
II.
ARIUM
Banking Suite
“ARIUM Banking Suite ofers a comprehensive approach for banks to
achieve their speciic objectives.”
Leveraging our experience and combining it with the latest technology, we have developed our next-generation banking solution in ARIUM Banking Suite. It started with AlphaBITS, our core banking application developed in 1989 and has been openly adopted by local banks that require
a reliable and resilient solution in Indonesia’s inancial
environment. In addition, over the years we have developed various applications to support other banking processes such as loan systems, delivery channels, and banking analytics, which has gained the trust and recognition of over 130 clients from the banking industry. Through our years of experience we have acquired a deeper understanding of the needs and situation of your bank and how you do business, which in turn led us to combine all of our banking knowledge into Telkomsigma Banking Suite.
ARIUM Banking Suite ofers a comprehensive banking
solution framework, enabling you to augment your systems with modular, scalable, robust banking process components; and in combining the capabilities of integration with other existing banking service components, it gives you the option to only utilize components of Telkomsigma Banking Suite that suit your business priorities and
budget.
Developed by Telkomsigma, a national ICT company with experience in the system integration of banking solutions, our service provides you with a solid understanding of regulatory compliance and industry standards, hence shortening implementation time and reducing complications to your banking business.
The Why of ARIUM Banking Suite
Comprehensive Banking Solution
that is lexible and has modular
components to adjust to your banking needs.
Proven Banking Solution with accumulated experiences and a full understanding of Indonesia’s banking demands.
Market Ready Solution that simpliies
implementation and accelerates your “go live” date.
Complies with latest global and national regulations, and is supervised by our dedicated regulatory team.
Implements user-centric application systems to maximize productivity,
efectiveness and eiciency in the
banking process.
Leverages the technology to increase customer loyalty through delivering accessibility and securing banking channels.
Provides an IT Operation
Management (ITOM) ofering
scheme that enables banks to choose OPEX-based annual costs, as well as minimize investment in hardware and IT resources.
III.
Comprehensive
Banking Solution
ARIUM Banking Suite
Architecture
Designed for Growth and Scalability
A.
Banking Operation
B.
Banking Channels
C.
Banking Analytics
ATM
ASCI
ASCI
Web Brach
EDC Internet Banking Branchless Banking
Switching / Middleware
Customer Relationship Management
General Ledger (& Proit distribution)
Other System Gateway / Middleware
Customer Product Regulatory Compliance
BI Reporting
Saving Account Credit Management Collateral Mgt Cleaning SID
XBRL
Risk Management
ERP
SKN RTGS SWIFT Siskohat
CDD
PSAK
Time Deposit Corporate Current Ac Transaction Engine Sweep/Autosave Current Account Credit Facility Cheque Processing Remitance
Retail Loan Leasing Disbursement Standing Instruction
Subsidy Mgt Multi Currency Payment Reward/Point
Corporate Product Cross Product Operation
Contact Center Personal Pay SMS Banking Mobile Banking Loan Origination Loan Collection SVS
Delivery Channel
Regulations & Compliance
Financial Accounting
ARIUM Banking Suite helps transform your bank to achieve rapid, large-scale process automation by performing the following tasks:
Replaces outdated technology that hinders banks aiming to achieve their strategic business goals,
such as ofering new products and services.
Modernizes banking systems to enable them to implement Straight Through Processing, resulting in minimize manual input, errors, and provide accurate decision making to increase productivity
and eiciency.
Enhances approval systems to mitigate loan risk and fraudulent debt that enter into the banking systems.
A. Banking Operation
Consisting of key banking components that build a strong foundation for further banking processes, Banking Operations enables you to provide a platform to enhance product
oferings for your clients. In addition, it also consists of
back-end processing, which, using manual processing, requires most of your resources to maintain, thereby leading to costly slow
process, inconsistent results, and a high error rate. IT ofers solutions that can rescue these back-oice procedures from
needless expenses and errors.
Banking Operation
Components
AlphaBITS Next Generation
AlphaBITS Next Generation is a core banking system that runs the bank’s central nervous system – software and infrastructure that link services to business units, customers, and day-to-day back-oice functions, it also serves as the core IT platform for new capabilities and growth of products and channels.
ARIUM Loan Origination
A comprehensive and lexible loan origination system serves to support loan application processing for banks and other inancial institutions, and is readily interfaced with core banking loan system to cater end-to-end transaction processing.
ARIUM CAM
Indonesia’s proven core banking system for next generation banking
Many Indonesian banks still have underperforming core banking systems with outdated architecture that barely support key processes, update complex regulatory changes, address business risk, and develop new banking channels and business growth strategies.
Indonesian banks need a modern, complete and reliable core banking system that is not only suitable for each bank’s individual requirements, but also complies with Indonesian banking regulations. Such core banking systems must meet the following requirements:
Competitive investment cost
Guarantee quick and successful implementation
No delay in “go live” date to avoid any complication in doing business
The Next Generation Core Banking System
AlphaBITS Next Generation forms the banks’ day-to-day operations as well as the core IT platform for new capabilities and growth of products and channels. Serving as a core banking system that runs as the bank’s central nervous system, AlphaBITS Next Generation serves as the software and infrastructure that link
services to business units, customers, and back-oice functions.
Taking into account the Indonesian banking environment, AlphaBITS Next Generation is consistently updated to align with Indonesia’s banking regulations. It is powered by the dependable IBM AS/400 platform and It is
speciically designed to comply with Standard Business Architecture International (BIAN), hence its development
implements modern database, based on SOA, enhance integrated system and provides web based GUI.
Customer Centric
Focus on banks customers provide comprehensive customer view and analytics to help banks increase its business value.
Business Flexibility
Easily conigured and lexible system to cope with dynamic business needs from months to days.
Beyond Core Banking
A complete and comprehensive banking solution, integrated, end-to-end banking solution, from sales, channel, operation up to risk & compliance.
The Why
of
AlphaBITS Next Generation
Supporting banks’ core business
Providing the following modules:
• Customer management and information
• Customer self-service
• Current account and saving, deposits
• Branch transaction
• Fund transfer – clearing and RTGS payment system
• Reporting administration and security
Supporting banks to deliver banking services over future channels
• Enabling banks to integrate banking channels, such as ATM and EDC
• Allows banks to deliver banking services over new channels, such as Internet banking and mobile banking.
Proven track record and successfully implemented in over 20 banks
With proven methodology and certiied human resources, AlphaBITS ensures successful implementation and conversion. Existing clients will also beneit from a pre-ready migration tool from our AS/400 Platform.
Reduce Complexity for Compliance with BI Regulations
Developed speciically for the Indonesian banking environment, AlphaBITS requires less customization
to comply with Indonesian regulations and banking language, hence giving the following advantages:
• Reducing complexity
• Accelerating and smoothening the successful implementation
• Speeding up “Go Live”.
24-Hour Nonstop Banking
Support banks to consolidate their processing needs and eliminating end-of-day processing, this feature enables banks to conduct nonstop data processing, while also allowing customers to enjoy banking services at any time.
IT Operation Management (ITOM) Ofering Mode
Known also as ASP, ITOM is suitable for banks that prefer OPEX pay per usage, as it requires a minimum investment on IT infrastructure, hardware and resources. AlphaBITS system will be housed in our reliable enterprise data center infrastructure, supported by our experienced technical experts to run daily IT maintenance operations, which is suitable for banks that prefer an OPEX pay per usage model, enabling them to invest in core business strategies.
Improved Usability
This feature supports input assistance, approval assistance, safe draft mode, fast search menu, transaction log, and interfaces with other systems through Our ARIUM Enterprise Service Bus (ESB).
Modernizing Legacy Systems with User-Friendly Web-Based GUI
Included in AlphaBits is our ARIUM Front End, a Graphic User Interface (GUI) and integration system that is supported by the latest web-based technology, to provide ease and convenience of the general banking business processes. ARIUM Front End helps you transform your bank with front layer technology to overcome the challenges of intense competition and growing customer expectations by creating a unique competitive advantage built upon improved capability and extended customer reach.
Syariah Core Banking Version
AlphaBITS Syariah is a core banking system for Sharia-based banks, providing full Sharia modules and
products. Implementing a real sharia banking concept, i.e. proit-sharing, AlphaBITS Syariah’s conformity with the provision of sharia law has been certiied by the National Sharia Board of Indonesian Ulema
Council.
AlphaBITS Next Generation
Data Sheet
Modules
Retail Module
Administering Current account & Saving account. Menu driven transaction
Account & Check Maintenance Teller cash balancing
Auto-save (Auto debit / credit) Standing Instruction
Provide passbook, advice & statement Printing
Real time inquiry
Deposit Module
Administering TD, NCD, On Call. Menu driven transaction Account Maintenance Pre-Termination
Provide Advice & Bilyet printing Operational & control reports
Loan Module
Administering various loan characteristic: Demand Loan, Time Loan, Customer Loan, Risk Loan, etc.
Facility distribution Multiple draw downs Facility maintenance Collateral maintenance:
• Cash Collateral • Non-Cash Collateral
Collateral appraisal & insurance information Full & partial repayment facility
Changes on Interest rate
Services Module
Administering transaction: Domestic transfer, Clearing.
Online settlement to Retail Module account
Online veriication to Cheque Management Branch Call Center
Assisted Channels
ATM Internet Mobile POS Kiosk
Self Service Channels
Channel Integration
Customer Access Services & Components
Data Data
Channel Integration
Combine components to support business operations
Anaylitical Services & Components
Operate the business data or calculation of data
s Operations & Execution Analytical
Retail Module
Text File upload – download process to BI terminal application (SKNBI & BI-RTGS)
Comply with BI- Clearing Regulation BI User Friendly
System Parameters (Parameterized System) Integrated System
Centralized data storage Security System
Dual Control Veriication
Customer Numbering Multiple Currencies Multi Branches Modular
Customer Service Information Support 24/7 Banking Operations Limit Setting
Audit Trail
Product Parameter Settings National Blacklist (DHN)
Provide advice, Operational & Control reports
Other Modules
Front end system Security/Tabel module General Ledger Module
A. Banking Operation
Technology and Platform
Platforms:
O/S: AS/400 version 5.4 RPG/LE
CL/400
Client Access (SNA or TCP/IP) 3.2 Database: DB2
SOA Based Architecture
Ofering Scheme Model
License Model, ofering purchase
license option, ofered as one time cost
and suitable for banks that prefer CAPEX model.
Application Service Provider (ASP) /
IT Operation Management (ITOM),
ofering the solutions by outsourcing and
Banks should not simply remain idle on legacy applications. Driven by the evolving
banking industry landscape and ierce competition, banks must adopt new technology
that will enable strategic transformation without disrupting current operations. Growth, and perhaps even survival, depends upon an agile, innovative environment up into the
front oice desk that delivers a diferentiated service experience.
Even with a solid core system, poor representation and integration strategy with the
surroundings components will result in ineicient processes and stagnant development
of the business.
Modernizing Legacy Systems
As a Graphical User Interface (GUI) and system integration supported by the latest web-based technology, ARIUM Front End helps banks transform their legacy system with front layer technology so as to have improved capability and extend customer reach.
ARIUM Front End enables bank to stay ahead of the competition, processes higher transaction volumes, and improves banking operations and productivity.
A.2
ARIUM
Front End
The Why
of
Arium Front End
Delivers GUI and Enhances User-Friendliness
Enabling users to understand processes easier, GUI gives the right solution for banks to deal with the needs of knowledge transfer, especially for new users who are adapting to the system, in order to minimize errors and increase productivity.
Faster Access with Web-based System
Aligned with strategic objectives, web-based system empowers banks through an integrated infrastructure and processes. The web-based system also requires minimum coniguration on the user clients, providing them with access anytime and anywhere through a next-gen web browser.
Open and Multi-Channel System for Integration of Future Channels
Having an Open Platform with the newest standards of Web Technology, Arium Front End is open for integration into various types of delivery channels.
Guarantees Completely Secure Process
ARIUM Front End answers banks’ security concerns by providing the features of Activities log, encryption, password rules and auto expiration settings, extensive user settings that enable banks to parameterize how they want users to access across functions.
Transforms Bank System into an Integrated and Flexible System
The collaboration with ARIUM Enterprise Service Bus (ESB) in a single package solution provides banks with the power of lexible software adapter for communication and data transformation between diferent formats of diferent messaging systems.
Improves Information Flow Resulting in Accurate Decision Making
Streamlining integration and unite corporate information to create comprehensive analytical infrastructure, ARIUM Front End presents better information, which allows banks to perform even more sales and improve administrative functions, or carry out product analysis. This feature improves banks’ speed and accuracy in decision making.
Reduces Server Load with Distribute & Optimize Load
Separate processing of user interface and core business logic reduce the memory use of the core banking server, and thereby reduce the server load.
Proven Methodology and Faster Time to Market
With proven methodology and certiied human resources, a successful implementation and conversion is assured. Existing clients will also beneits from a ready to operate package for our Alphabits Syariah Core Banking system.
ARIUM Front End Data Sheet
Modules, Services & Capabilities
Modules
Administering Current account & Saving account.
Customer Information File Current and Saving Accounts Time Deposits
Branch Banking Transaction Reporting
Payment System
Security and Administrator e-Channel Transaction
Services & Capabilities
Input Assistance Approval Assistance Save Draft Mode Fast Search Menu Audit log
Screen Builder
Interfacing to Other Systems with ARIUM ESB
Technology and Platform
Platforms:
Java Web Based System Based on Web 2.0
Communicate thru ARIUM Enterprise Service Bus (ESB) for smooth integration with Core Banking system, and also manage and provide security feature and rules.
Ofering Scheme Model
License Model, ofering purchase license option, ofered as one time cost and suitable for banks
that prefer CAPEX model.
Application Service Provider (ASP) / IT Operation Management (ITOM), ofering the solution
by outsourcing and renting the services by paying monthly or yearly based on usage – suitable for banks that prefer OPEX model.
Integration
Streamline Credit Decision Process while Strengthening Risk Management and Compliance
The consumer and SME segments have not only become a huge opportunity for banks’ business growth, but also a target to be reached in
order to meet Bank Indonesia’s requirement for banks to channel a minimum of 20-percent credit portfolio to this segment by 2018.
However, the opportunity for growth contains a downside; some banks are not equipped with the IT systems needed to tackle customer retail banking and face the following challenges:
The retail and SME segment requires large volume processing
Manual approval and initiation processes of credit consume a lot of time and are prone to
error, making them ineicient and raising the issues of audit and compliance
The risk of non-performing loans
The risk of losing the opportunity to attract customers due to slow services
To be competitive, banks look to enhance their IT systems to provide faster approval at the time of acquiring new customers, determine the parameters of the product to be marketed, eliminate risk with enhanced pre-alert systems and shorten the time needed in the loan approval process.
Streamline Credit Decision Process
For banks that require a comprehensive loan origination system for consumer banking to increase
eiciency, productivity and accuracy in decision making while mitigating risk in a highly competitive industry, Telkomsigma ofers ARIUM Loan Origination, a credit initiation decision support system that addresses multiple loan product types and features automated worklow assignment,
streamlining your loan origination process, as well as provides credit initiation collections activity statistics for reporting and evaluation purposes.
ARIUM Loan Origination supports all phases of credit initiation, starting from the initiation, scoring,
credit veriication and investigation, credit application review and credit decision making.
The Why of ARIUM Loan Origination
Promote Eiciency and Productivity with Automated Processing
The automation of the lending process low accelerates productivity with the following beneits: • Elimination of multiple days of work and duplication in the process, including tedious sorting of
both paper and electronic iles
• Dramatic minimization of the costly and error-prone manual data entry through the beneit of full process visibility and increased data quality
Prevent Risk thru Fraud Prevention Tools
By allowing banks to identify fraudulent applications through a fraud prevention mechanism, the tool aims to reduce the number of non-performing loans, provide a credit worthiness assessment mechanism (Credit Scoring) and promote compliance.
Fraud cases are reduced through credit checking/matching: • BI checking (black list)
• Matching negative list
• Matching duplicate customer • Document checking
Limitless Control and monitoring using Loan Processing Worklow
As the most important feature on ARIUM Loan Origination, the Loan Processing Worklow always controls and monitors each loan application. Starting at entry into the database, it traces the loan application from various units of activity, such as from the various work steps of the credit review and approval process.
Another advantage Arium Loan Origination ofers is the worklow of a business process can be customized for each product to meet the needs of banks and inancial institutions. The worklow of each product can be setup with the parameters needed and can be run in parallel or in serial mode for automatic routing.
With the Loan Processing Worklow, ARIUM Loan Origination enables work to be done in diferent locations while maintaining the low control and ensuring that no sequences of work steps are missed.
ARIUM Loan Origination Typical Worklow includes: • Application Original Data Entry
• Matching (Duplication check)
• Internal credit check, e.g. AKI (Credit Card), Deposit, Existing Loan Repayment History, Etc. • External Credit Check, e.g. BI Checking & SID
• Credit Scoring
The Why of ARIUM Loan Origination
Automatic Routing Application
Enables banks to route each application in each worklow to any existing worklow in the Loan Processing Worklow based on banks’ business needs.
Automatic Credit Scoring
ARIUM Loan Origination supports customized scoring models for particular applications to process credit facility feasibility analysis. The credit scoring mechanism automatically calculates the score of an application based on the information entered and the score card used. The score card parameters can easily be changed with the built-in score card maintenance interface. ARIUM Loan Origination supports multiple score cards for diferent loan types.
Support Dynamic Multi Loan Types
ARIUM Loan Origination covers various types of consumer and retail lending, i.e. • Mortgage Loans
• Credit Cards
• Automobile and Motorcycle Loans • Product Promotions
• Multi-Purpose Loans (secured and unsecured loans) • SME Loans (Micro Financing & UKM)
Capability to Create New Loan Products
New type of loans can be deined by setting the following parameters: • Loan Type
• Score Card
• Supporting Document Checklist • Letter Templates
• Application Form
Flexible Business Parameters
ARIUM Loan Origination provides lexibility tables and parameters. Banks can have control and security protection, as only authorized users can deine and modify variables and centrally store them in the table of parameters.
Accessible Application Enquiry
The search criteria allows users to view information and application status and provide information about any applications that are still pending, or any documents that are not complete yet, or are still waiting for loan approval.
Diverse Operational Reporting
Operational reports include the number of incoming applications, rejections, approvals, accounts still being processed, and loan disbursement. ARIUM Loan Origination ofers functionality for users to export data to MIS, creating reports for speciied needs.
The Why of ARIUM Loan Origination
Integrated to PEFINDO Credit Bureau
ARIUM Loan Origination is integrated to PEFINDO, simplifying your credit scoring checking.
Other Features
• Multi Marketing Channeling that supports application entry from various sources • Customer Level that provides single CIF for multiple customer facility
• Mobile Application Support
• Internal credit card checking and credit policy check • Automate correspondence letter
• Modular System
• Flexible third party hookup
• Interface to external system and internal surrounding system
Initiation
Credit Analyses
Credit Decision
Duplication Checking
Prepare Search Transfer Data to Core Banking Phone
Veriication
Assessed Guarantee Investigative
Survey
BI Check
Applicant
Credit Check Assignment
Input Accuracy Check
Scoring
ARIUM Loan Origination (LO) Data Sheet
Modules, Services & Capabilities
Modules
Pre-entry Application Form Complete Entry Application Form Negative Checking
• Duplicates entry
• The blacklist records (BI Checking & SID) • AKKI records
• Negative List check run on scheduler
A. Banking Operation
Document Checking Loan Application Scoring
Veriication/ Rating
Credit Underwriting
Interface to Core Loan System User Policy
Reporting Services
Technology and Platform
Platform
J2EE
Database
Enterprise DB
App Server
JBoss
Ofering Scheme Model
License Model, ofering purchase license option, ofered as one time cost and suitable for
banks that prefer CAPEX model.
Application Service Provider (ASP) / IT Operation Management (ITOM), ofering the
One-Stop solution for Indirect Financing
Indirect inancing through inancial channels has become a way to grow banks’ business
portfolio. In Indonesia, credit extends from consumer loans to corporate loans. A key
strategy in expanding a bank’s credit portfolio is through inancial channels. In the midst of the ever growing Indonesian inance industry, channeling banks’ credit towards inancial
channels is a great way to manage risk while leveraging assets through dependable systems, both utilizing human resources and its IT system.
The opportunity in indirect inancing is huge, but banks face the following challenges:
• Loan portfolio management with multiple accounts and clients with diferent policy and
reporting schemes
• Credit defaults and posting errors
• Compliance with system rules and regulations • Audit report issues
• Workforce’s low productivity
A reliable IT system supported by experienced and skillful human resources ensures
banks are able to tackle the challenges while facilitating all inancing options, including
Joint Financing, Channeling and Asset Purchase.
The One-Stop Solution for Indirect Financing
For banks that need to manage indirect inancing between banks and inancial channels
quickly and with little risk, Telkomsigma provides ARIUM CAM, a One-Stop Solution for Indirect Financing, and the only application in Indonesia that is capable of handling Join Financing & Asset Purchase by both Mirroring and non-Mirroring in one application.
In addition to having been proven reliable in handling large amounts of consumer portfolio accounts, ARIUM CAM’s easy customization also enables banks to manage risk while leveraging assets through a dependable system.
The Why of ARIUM CAM
Comprehensive Indirect Financing Management System in Indonesia
The only application in Indonesia that can handle Join Financing, Channeling & Asset Purchase by both Mirroring and non-Mirroring in One Application.
Support and Facilitate Full Procedures to Accelerate Operation Process and Reduce Risk
• Portfolio Management: Multi-Financial Channel
ARIUM CAM Portfolio supports and facilitates multiple Financial Channels, thereby enabling banks to control and manage numerous clients and accounts simultaneously
• Portfolio Management: Multi Products
ARIUM CAM Portfolio supports multiple products, ranging from automotive-based loans to non-automotive loans, therefore it enables you to expand your product pallet, gives you the option to create new and exciting products, and ensures your business growth
• Risk Management: Filtering, Duplicate & Blacklist Checking
ARIUM CAM ofers a parameterized iltering mechanism that enables banks to have the following capabilities:
• Select and choose the setting that best its their business needs
• Check whether there are more than one of the same inancing requests
• Check uploaded data, ensuring that credit has been disbursed to clients with no bad credit history or delinquent track record in credit and loans
Reliable in Maintaining Large Amounts of Consumer Portfolio Asset
ARIUM CAM has been implemented and proven reliable in maintaining consumer portfolio assets in massive amounts, i.e. up to 1.5 million accounts, in our existing large bank clients.
Provide Enhance Flexibility to Users
Highly user parameterized allowing a deep level parameter setup ensures users’ ability to lexibly manage their business to the tiniest detail and reduce time for users if changes are required.
Ensures Compliance to Indonesian Regulations
ARIUM CAM complies with SID, Central Bank Regulation, supports consolidation of journals, data reconciliation, and is also able to interface with other systems.
ARIUM CAM
Data Sheet
License Model, ofering purchase license option, ofered as one time cost and suitable for banks
that prefer CAPEX model.
Application Service Provider (ASP) / IT Operation Management (ITOM), ofering the solution
Banking Channels consist of products and services that banks provide to customers through electronic channels, such as ATMs, Internet Banking, Mobile Banking or kiosks. These channels enable banks to
build and maintain customer loyalty by prioritizing customers’ demands for lexible, convenient and
available banking anywhere and anytime.
As the growing trend of branchless banking has made banking channels the face of banks or the customer point of contact with banking services, banks that have successfully leveraged their banking channels will promote greater customer satisfaction and as a result win more businesses. On the contrary, banks that fail to do so will lose customers who are frustrated with the non-user-friendly systems.
ARIUM Banking Suite equips your bank with consistent, reliable, and secure banking channel systems.
Beneits of Banking
Channels?
Business eiciency and lower
transactional cost.
The banking channels are designed to reduce
administrative needs and replace expensive branch transactions with online automated systems to support branchless banking strategies and improve
competitiveness of banks.
Increase customer loyalty by ensuring the increased availability and accessibility of bank services and products outside bank branches with convenient 24-7
ARIUM Banking Channel
Components
1. ARIUM ATM Switching
An application system for card and ATM management that allows users to conduct transactions via ATMs by using their card as both issuer or acquirer
2. ARIUM Internet Banking
A web-based application that enables customers to conduct transactions via the Internet, and provides anywhere and anytime banking
3. ARIUM Mobile Banking
Internationally proven, secure and reliable ATM and Card Management application that understands local needs and regulations
Nowadays, customers have become dependent on ATMs for cash withdrawals, fund transfers, reviewing their statements, and more, available 24 hours a day. Banks recognize the potential of ATM services and their ability to not only generate revenue, but also increase customer loyalty and satisfaction. In fact, ATMs have become the most popular banking channel for customers.
Developing ATM channels enables banks to increase eiciency in
their branches, reduce long queuing of customers, and support branchless banking strategies. However, this channel must be of high quality and capable of providing reliable and consistent services on every single transaction. Any inconsistency in the ATM service will no doubt cause unrest and may result in banks losing customers.
Key challenges
Transform ATM channels with a reliable and secure system that provides consistent services
Have a system that is lexible to the changes brought about
by new regulations and remains in line with the latest banking trends
Internationally proven, secure and reliable ATM and Card Management application
Globally and nationally proven, Telkomsigma ATM Switching serves as software for banks that require an ATM and card management system to build customer loyalty, improve banking services, and support branchless banking.
Beneits of ARIUM ATM
Switching
Partnering with Euronet, Telkomsigma ATM Switching is the most up-to-date with regulations and supports all types of ATM protocols.
Strong local support from Telkomsigma, experience in managing HIMBARA ATM Switching, with over 150 million transactions yearly.
Banks can own or outsource Telkomsigma ATM Switching as an IT Operation
Management (ITOM) scheme in line with banks’ business requirements.
The Why
of ARIUM ATM Switching
Internationally Proven Software that Understands Local Needs and Regulations
Partnering with Euronet, we have combined our experiences with local banks and Euronet’s Integrated Transaction Management (ITM) system. The partnership has backed Telkomsigma ATM Switching with a proven system that has been installed in over 200 ATM solutions throughout the world and is continuously updated to comply with international regulations. The combined strengths of Telkomsigma experience with local banks and our partnership with Euronet, provides banks with the most secure and reliable ATM solutions.
Take Control of Your ATM Network
Telkomsigma ATM Switching can easily maintain and expand your automated service oferings and enhance your customers’ transaction experience. In addition, your banks will enjoy the following beneits:
• The ability to provide customers with the convenience and lexibility of service 24/7
• Enjoy cost-efective transaction channel caused by the reduction in interaction with tellers and, as
a result, brings your bank one step closer towards branchless banking
• Gain additional revenue and advertising channels • Industry leading reliability and unparalleled scalability
Enjoy Higher Level of Services and Flexibility
As many inancial institutions have undergone mergers and acquisitions, they have to manage a multivendor ATM leet that in turn causes management problems. Telkomsigma ATM Switching enables
you to control and service your entire ATM network in real-time, across a diverse range of hardware and software combinations.
Drive Your ATM with Precision Provide Enhance Flexibility to Users
Our integration to Euronet Integrated Transaction Management® (ITM) system provides ATM
device-speciic message protocol translation, device status monitoring, editing of ATM screens and receipts, and reporting for settlement balancing. These capabilities give banks a streamlined and efective approach to
manage their ATMs with precision.
Manage ATM with Ease No Matter Your Bank’s Size
From small, local banks to the largest regional and multinational organizations, Telkomsigma ATM Switching provides highly scalable ATM solutions that meet the needs of any ATM environment. Globally, this system has supported various sized organizations that manage as little as 2 to over 15,000 ATMs.
Enjoy Additional Revenue and Increased Customer Loyalty
Our ATM Management System enables you to generate more revenues from advertising revenues and service charges. Such revenues come from the following sources:
• Screen and receipt advertising
• Coupon dispensing • Digital content distribution • Insurance and ticket sales
• Prepaid mobile airtime replenishment • Cardless cash payouts
Bring Peace of Mind with Most Current Security Features
Using the most current industry-standard hardware encryption, our ATM Management System is extremely secure and ensures absolute privacy of customer information and transaction processing.
The available security option in our solution protects you and your customers from fraud with the following functions:
• PIN encryption
ARIUM ATM Switching
Data Sheet
Features for Banks
Card Management
Debit, Credit, Visa and MasterCard
Chip Card Magnetic Stripe and prepaid card
ATM Management
ATM Coniguration
ATM Monitoring
Other Features
System and business parameters User Maintenance
Monitoring Reporting Backup-Restore
For Customers
Payment Purchase Overbooking Transfer
Account information Mini Statement
User Administration or registration
B. Banking Channels
Technology and Platform
Platform
AS/400 version DB2
Ofering Scheme Model
License Model
Ofering purchase of license option that is ofered as a one-time cost. This ofering is suitable for
banks that prefer CAPEX model.
Application Service Providers (ASP)/IT Operation Management (ITOM)
Strong security enables lexible transactions, so banks can increase customer loyalty by ofering secure web-based services
Internet adoption in Indonesia continues to grow at a feverish pace. Supported by the development of IT infrastructure, and with falling costs for Internet services, more people than ever before are now to access this vital service, which has become a valuable necessity for everyday life. The Internet has also become a place of business, with more e-commerce sites launched by the day. Moreover, the steady increase in online transactions indicates users’ growing trust and convenience in using this channel.
Seeing the growth of Internet users, the banking sector has also ofered Internet banking
services since the year 2000 to provide easy accessibility for customers to access banking
services and products in a faster and lexible way anywhere and anytime. By providing
Internet banking, banks grow their business, revenues, and strengthen customer loyalty
in a cost efective manner. But all these are not achieved without any challenge.
Challenges faced by banks in carrying out Internet banking:
Limited resources for developing an Internet banking system IT penetration testing to guarantee a secure system
Complex integration with other banking channels and components, all of these are to be done with budget constraints
Required to provide Internet banking as soon as possible to stay competitive
Telkomsigma ARIUM Internet Banking is ready to support banks to have a highly secure
and lexible Internet banking system to increase customer loyalty.
Strong security and enable lexible transactions, for banks to grab and expand
customer loyalty thru secure web based services
For banks requiring a secure web-based Internet Banking system to increase and expand customer loyalty, provide banking services to retail and corporate customers anywhere and anytime, as well as support bank’s branchless banking business strategy, Telkomsigma
ofers ARIUM Internet Banking. Developed by industry standard process and technology,
ARIUM Internet Banking is an integrated banking system with the following features:
Strong end-to-end security Integrated SoftToken feature Flexible token vendor preference
Backed by Telkomsigma’s credentials and experience in providing and implementing
banking solutions, we ofer banks the chance to own Telkomsigma ARIUM Internet Banking
by License or by outsourcing, through our IT Operation Management scheme in line with your business requirements.
The Why of ARIUM Internet Banking
Delivering Beneits for You and Your Customers
Transforming your relationship with customers and enhancing their transaction experience, ARIUM Internet Banking provides you and your customers with the following beneits:
• The convenience and lexibility of 24/7 transaction service
• A cost-efective transaction channel by reducing interaction at tellers, and enabling banks to move to branchless banking
• Market your bank with the ability to personalize User Interface Display to suit your brand and colors
• Generate customer loyalty through a convenient 24/7 banking channel anywhere, anytime • Utilize Internet banking as additional promotional channel to clients
• Access to banking services and products through any Internet browser on any PC, smartphone, tablet or phablet.
The Why of ARIUM Internet Banking
Comprehensive Internet Banking System for Retail and Corporate Customer Needs
As a web-based application, ARIUM Internet Banking ofers the following beneits to banks and their customers:
• ARIUM Internet Banking’s integration with a bank’s Core Banking system allows customers to enjoy easy and convenient access to the bank’s full line of products and services.
• In addition to catering to the needs of retail customers, ARIUM Internet Banking can also provide corporate customers with access to inancial management, loan management and debit accounts. To ensure transparency and ease of transaction for customers, both retail customers and corporate customers are also provided with a virtual account to manage loan accounts.
• ARIUM Internet Banking is also equipped with Application Manager to perform back oice functions, enabling easy access for banks’ administration from anywhere and anytime through web browsers via desktop, smartphone devices, tablets or phablets.
Ensure Security with Integrated Soft Token Feature and Security Industry Standards
As security and privacy aspects constitute a major issue in any Internet transaction, ARIUM Internet Banking ensures secure and convenient transactions for customers by securing network, data transfers to storage. Other security features include:
• Soft Token integration, a token feature that is directly integrated in the system and displayed on your browser
• OWASP security industry standard, to prevent any security liabilities in ARIUM Internet Banking, the security system has been through and passed penetration testing by ITSEC ASIA. In addition, it has implemented Acunetix internal tools for security veriication in the production environment.
Allow Flexibility in Token Vendor Preferences
ARIUM Internet Banking implements Security Token that allows banks to choose their preferred token vendor. Its compatibility with any token system allows banks to avoid downtime or shutdown of application when upgrading to a diferent token vendor system.
Vertical and Horizontal Scaled Architecture
ARIUM Internet Banking ofers architecture that can be scaled both vertically and horizontally as it has been built using the latest technology, such as:
• HTML 5 for presentation layer allows Internet Banking to be accessed by all gadgets, including mobile phones and tablets.
• System Adapter and routing adopt the latest technology for business process layer, enabling easy connection to a variety of other applications and hosts.
ARIUM Internet Banking Data Sheet
Basic Features
Front Oice
Account Information
Overbooking and Fund Transfer (SKN or RTGS)
Headquarters and Branch Administrative Utilities
Security
User ID and Password SSL
Hard Token Data Encryption Pre Penetration Test
Advance Features
Java / J2EE Platform Multi-Platform 3-Tier Architecture
Data Base: Oracle 11g Database, MySQL Server
Application Server: Oracle Weblogic Server and OHS, Apache Tomcat 7 and HTTP server 2.2 Component-based Framework
Integrated Security with LDAP of Bank
ARIUM Internet Banking Data Sheet
Compatibility
Minimum Hardware Server Coniguration Requirements
Hardware Software Server Minimum
Specs
Client Minimum Specs
Web Server
• RedHat Enterprise • Linux Operating
System 64 Bit
• Browser: Mozilla FF 18+ Opera 12+
Application Server
E-Channel
• RedHat Enterprise • Linux Operating
System 64 Bit
• Microsoft Windows
2012 64 Bit
• Microsoft SQL Server
2012 64 Bit Standard
• Dual Quad-Core 64 • Linux Operating
System 64 Bit
• Quad-Core 64 Bit • 8GB Mem
• HD-250GB SCSI
Token Server
• Microsoft Windows
2012 64 Bit
License Model, ofering purchase license option, ofered as one-time cost and suitable for banks
that prefer CAPEX model.
Application Service Provider (ASP)/ IT Operation Management (ITOM), ofering solutions by
outsourcing and renting the services in which banks are required to pay monthly or yearly based on
The Real Mobile Banking Application
Simplify transactions and enable banks to secure greater customer loyalty through ofering secure mobile banking services.
Mobile phones and tablets have become an inseparable part of day-to-day modern people, ranging from high-level professionals to stay-at-home moms and tech-savvy youth. Rapid technological development has transformed these gadgets from a mere communication tool to a productive tool for conducting business and transactions.
Like other companies, banks are quick to see gadgets as a potential tool to both expand banking services and grab customers’ loyalty through a mobile banking application.
However, customers these days demand secure, lexible and consistent 24-7 mobile
banking services on any platform, which can prove challenging for banks to develop their own application, especially under strict budgeting constraints. To be competitive, banks look for a mobile banking system that can meet customers’ needs, and for banks, create
efective and eicient channels to promote their products, support business growth and
branchless banking strategies.
The Real Mobile Banking Application
For banks that require a mobile banking system to enhance communication channels with customers, gain their loyalty, support branchless banking business strategies, and
compete in tomorrow’s banking environment, Telkomsigma ofers ARIUM Mobile Banking,
the real mobile banking application, compatible with every mobile platform and with a built-in integrated token feature for enhanced security.
The Why of ARIUM Mobile Banking
Delivering Beneits to You and Your Customers
Telkomsigma ARIUM Mobile Banking can transform your relationship with customers and enhance their experience by:
• Provide the convenience and lexibility of 24/7 transaction service
• Enjoy a cost-efective transaction channel by reducing interactions at tellers, and leap towards branchless banking
• Promote customer loyalty through a 24/7 banking channel
• Create convenience for customers to install applications from their smartphone’s app store by themselves
• Access to customer service and administrative services through multiple browsers on PC or tablet
Real Mobile Application and Your Smartphone
ARIUM Mobile Banking was developed utilizing hybrid technology and the latest native platform, ARIUM Mobile Banking enables customers to obtain an interactive and diverse user interface experience, which is downloadable from their smartphone’s app store.
For your bank’s mobile banking development, a single-click facility can be implemented, meaning once the code is ready, it can be built and deployed to your choice of available smartphone platform types, reducing complexity for banks should the need for future development arise.
Arium Mobile Banking utilizes the device capability, including GPS to ind the nearest branch or ATM in relation to customer’s position and also internet-based push notiications for customers that is usually applied in mobile app messengers, such as WhatsApp. Thus, after completing a transaction, customers will receive notiication, indicating the status of the transaction, i.e. whether it was successful or failed, if they have received transfers, or if/when new banking products are introduced to them.
In the future, ARIUM Mobile Banking will introduce NFC for conducting transactions, making it similar to contact-less smart cards. By utilizing the phone’s camera to conduct transactions, scanning barcodes of items that indicate the price of the goods, and carry out the necessary payments.
Integrated Token Feature and SLL for Enhanced Security
Ensuring secure transactions for customers is vital to building customer trust and loyalty. That’s why our ARIUM Mobile Banking solution, in addition to providing a secure network SLL, is integrated with Soft Token feature, which is directly integrated with the application and displayed on your device’s screen. This means it is extremely secure, ensuring the absolute privacy of customer information and transaction processing.
The Why of ARIUM Mobile Banking
Industry Standard Multilayer Architecture • Device Tier
Implementing hybrid architecture and utilizing computing power of smartphone, Device Tier enables interactive and customized user interfaces. At this tier, we are not only able to utilize the computing power of smartphones, but also access their myriad features, such as a local database for stores and a forward mechanism. Transaction validation and OWASP ensures the security of this tier.
• Application Tier
Application Tier utilizes Java Enterprise Edition (JEE) platform; composed by server components that allow communication between Device Tier and Application Tier with secure connection (https) using object JSON.
Integration component is an Application Tier component that modiies object JSON according to external systems’ required format, and allows smoother integration with external systems. Application Tier also provides services such as User Authentication, Push Notiication, and others that can be utilized by Device Tier and external systems.
• Database Tier
ARIUM Mobile Banking Data Sheet
Intelligent self-changing Menu Mini Statement
Transaction History Scheduled Transactions Integrated Soft Token
Advanced Features
Wire Bank Transfer (Prima, ATM Bersama), SKN/RTGS)
Branch and ATM location by Map
Internet-based Push Notiications for
transaction status and information Direct Customer Contact
For Banks
System and Business Parameters User Maintenance
Reporting Monitoring
House Keeping and Archiving Backup – Restore
Compatibility
Smartphone Minimum Requirements
Channel Operating System
Smartphone IOS 4.3+
Tablet Android 2.3+
Phablet Blackberry 7+, WindowsPhone 8+
Hardware and Server Minimum Requirements
Hardware Software
Dual Quad Core 64 Bit Windows 2003+ Server 64 Bit
RAM 8GB Microsoft SQL (other database allowed)
B. Banking Channels
Technology and Platform
Java/J2EE Platform Multi-Platform
3-Tier Architecture
Data Base: Oracle, Microsoft SQL Server or MySQL Server
Component-based Framework
Ofering Scheme Model
License Model, ofering purchase license option, ofered as one-time cost and suitable for banks
that prefer CAPEX model,
Application Service Provider (ASP)/IT Operation Management (ITOM), ofering solutions by
Banks nowadays face the challenges of providing accurate reporting to comply with ever-changing regulations, and enhancing the organization and management of assets to improve business processes. Done manually, this high degree of reporting brings the following consequences:
Costly and slow
Inconsistent results Guarantee quick and successful implementation
High error rate that creates problems with regulators
Leveraging IT enables banks to avoid these problems, Telkomsigma ofers Banking Analytics.
Consisting of key banking components capable of generating automated reporting systems, our Banking Analytics helps your bank achieve accurate, large-scale reporting automation.
Beneits of Banking Analytics
Provides an all-in-one solutionto overcome ever-changing regulations and reporting
standards that require diferent
and unique systems. Our solution can integrate your needs.
Modernize banking systems to implement Straight Through Processing, minimize manual input, limit errors/mistakes, provide an accurate decision-making tool to increase productivity and promote
eiciency of resources.
Generate automated reporting systems to mitigate risk and ensure compliance when submitting
ARIUM Banking Analytics Components
1. ARIUM Reporting XBRL
An end-to-end automated XBRL reporting system for banks that simpliies the reporting system, standardizes information, improves information quality, and complies with regulations.
2. ARIUM PSAK and ARIUIM Finance & Risk
A proven global and national accounting reporting system for banks to comply with current and future accounting regulations, such as IFRS, Basel III or PSAK.
3. ARIUM Treasury & Investment
A market-ready treasury system ofered for a
An end-to-end automated XBRL reporting application system for banks
Bank Indonesia (BI) requires banks to report regularly using the XBRL standard,
which is a growing standard for inancial reporting language around the world. The XBRL standard provides major beneits in the preparation, analysis, and communication of business and inancial data.
To meet BI’s requirement, banks need a modern, complete, and automated IT solution that complies with frequent changes of data. Thus, the solution must have the following capabilities:
Allow reporting banks (senders) to make changes in XBRL reporting Provide facilities in the reporting process and speed up processing Comply with banking security standards
Able to read the taxonomy and source data mapping with BI taxonomy
Able to create sets of and validate XBRL Instance according to the speciications of BI
Able to perform Review and Correction Reports Support the interface provided by Bank Indonesia
To answer and assist IT systems in generating bank reports, Telkomsigma has developed ARIUM
Reporting XBRL application system to improve the efectiveness and accuracy in producing and
processing XBRL-based bank reports. ARIUM Reporting XBRL presentation layer is web-based for reporting operations to simplify the reporting system, standardize information, and improve information quality.
ARIUM Reporting XBRL is an end-to-end XBRL reporting application
system that helps you simplify reporting systems, standardize
information, improve information quality and comply with regulations.
C. Banking Analytics
The Why of ARIUM Reporting XBRL
Transform and Simplify your Reporting Operations
• Automation process starting from data collection, XBRL Instance creation and delivery of data • Easy mapping of Data Sources by using a graphic user interface to enable banks to easily
perform maintenance on taxonomy changes issued by BI • Integrated XBRL Instance Validation
• Multi taxonomy with versioning capabilities • Management Reporting and its taxonomy
• Export reports into another form, such as XLST, Excel documents, Web (for publication), Database for history and other internal reporting
• Ease of access and operation • Application security and audit logs
Support Banks to Focus on Their Core Business
In addition to providing banks with a system that ensures compliance with BI regulations, ARIUM XBRL also has the following capabilities:
• Oversees the process of generating a report in a timely manner • Speeds up processes
• Reduces errors through automated systems
• Allow banks to focus their resources on core business strategies
Peace of Mind in Implementation due to Experienced Experts’ Support
Rest assured that you have chosen the right solution, as ARIUM Reporting XBRL gives you the following advantages:
• Full support from Telkomsigma’s experienced experts who have developed and implemented products for BI reporting since 2006, and understand XML.
• ARIUM Reporting XBRL utilizes an XBRL engine that has passed stringent testing from BI and has been declared compliant with the issued criteria.
Covering End-to-End 3-Tier Architecture
ARIUM Reporting XBRL architecture consists of several Interface Components, which are GUI Component for mapping and accessing the functionality provided by ARIUM Reporting XBRL and the functionality to upload data via FTP.
Furthermore it includes a repository for storing all of BI’s taxonomy, Engine for mapping XBRL Instance Creation (Rendering) and validation.
The Why of ARIUM Reporting XBRL
Simplify Control of Your Reporting System
As a combination of web-based and window-based client server technology, ARIUM Reporting XBRL application can be accessed from anywhere through the client browser and desktop application, and connected to the reporting bank database and to BI.
The desktop application is required for the maintenance of data source mapping with BI taxonomy, while the web browser is used to upload and download data, handle data maintenance, process instance creation, review and validate reports, correct, and send reports to BI.
C. Banking Analytics
ARIUM Reporting XBRL Data Sheet
Modules
Key Modules
Customer Information File Current and Savings Accounts Time Deposits
Branch Banking Transaction Reporting
Payment System
Security and Administrator e-Channel Transaction
Technology and Platform
Platforms
Web-based Java/J2EE Platform Open Database 3-Tier Architecture
Component-Based Application Integrated Security with Banks LDAP
Ofering Scheme Model
License Model, ofering a purchase license option, ofered as one-time cost and suitable for banks
that prefer CAPEX model.
Application Service Provider (ASP)/IT Operation Management (ITOM), ofering solutions by
Proven global and national accounting reporting system system for banks to mitigate risk and comply with all future accounting regulations
Tighter supervision for banks to prevent a large scale crisis in the global banking system require banks to comply with many regulations and report standards, including Foreign Account Tax Compliance Act (FACTA), Basel III implementation, and revisions in local PSAK regulations.
The key challenge is to provide Indonesian banks with an all-in-one accounting system that can equip them with what they need to tackle current and future challenges. Banks also require an
automated system to reduce error-prone manual procedures and improve eiciency.
Proven global and national accounting reporting
Supporting banks in meeting such requirements, Telkomsigma ofers the following proven
global and national accounting reporting systems for banks to mitigate risk and comply with all future accounting regulations:
ARIUM Finance & Risk
A premium, internationally-proven accounting reporting application system from Fernbach for banks that require an accounting (IFRS, Basel III or PSAK) reporting system.
ARIUM PSAK
A proven PSAK reporting system in Indonesia’s banking environment since 2010.
Supported by Telkomsigma’s experts and with experience in developing and implementing PSAK since 2010 and through global partnership with Fernbach, the above solutions enable
banks to enjoy the following beneits:
Ability to mitigate risk and comply with regulations
Easy integration and lexibility and, therefore, improved banking operations and productivity.
C. Banking Analytics
The Why of ARIUM PSAK and ARIUM Finance & Risk
All-in-One Accounting Engine for All Accounting Events
Provides an all-encompassing accounting engine for all accounting events and valuation components, while separately calculating all valuation components and preserving them.
Proven Solution from International and Local Experience
ARIUM Finance & Risk is an internationally-recognized solution from Fernbach’s years of experience in creating the most up-to-date software and anticipating market and technology trends. This software has been audited by PWC, Deloitte, Earns & Young, and KPMG.
ARIUM PSAK is the result of Telkomsigma’s development and implementation of PSAK products since 2010 and has been successfully audited by KPMG.
Transform Banks’ Systems to Promote Process and Flexibility
ARIUM PSAK and ARIUM Finance & Risk enable users to smooth out volatility and steer proit and losses efectively. The solution is also both easy to implement due to its turnkey approach and easy to update due to the system lexibility.
ARIUM PSAK and ARIUM Finance & Risk Features
Initial measurements based on categories of inancial assets and liabilities Classiication of inancial assets and Tainting Rule presentation and disclosure Accounting treatment (Recognition and Measurement) and journals
Transitional provisions follow the implementation of and report each category of inancial assets and liabilities
ARIUM PSAK & ARIUM Finance & Risk Data Sheet
Modules, Services & Capabilities
Modules
Technology and Platform
Red Hat Jboss EAP Technology Web Framework: JSF RichFaces
Bootstrap enable (viewport customizable: desktop, tablet, phone)
C. Banking Analytics
Business Layer: EJB 3.x Persistence Layer: JPA
Security Framework: Apache Camel
Jasper ETL: Load, Extract & Transform between source data & PSAK
Database Oracle 11g
Ofering Scheme Model
License Model, ofering a purchase license option, ofered as one-time cost and suitable for banks
that prefer CAPEX model.
Application Service Provider (ASP)/IT Operation Management (ITO), ofering the solution by
