Bancs

Developed by Financial Network Services (FNS) in Australia, BANCS® is a fully scalable, modular end-to-end core banking solution which automates every aspect of a financial institution’s back, middle and front office operations in the one fully integrated solution – financial institutions of every operational size and complexity.

Because of its superior architecture, BANCS can be implemented more quickly and smoothly on any technology platform or database, saving time and money - while reducing implementation and operating risks compared to other banking solutions.

BANCS can be implemented as a total end-to-end banking solution providing unbeaten integration of all key business functions, or as separate modules to deliver improved functionality in key areas, in combination with other best of breed applications or legacy systems

Product at a glance
Product type	Application
Target Industry Sectors	Banking
Fault tolerance	Mission critical
Innovation indicators	Business Advantage Breaking new ground New Business New Technology
Performance indicators	Proof of real world performance Successful beta tested Real user benefits Sets new benchmarks
Potential indicators	Deigned for international use Identified potential markets Award recognition Successful in home and export markets Working with international collaborators
Contact for more information	Trevor Builder Vice President, Corporate Marketing

Because it is a fully integrated solution, BANCS can be deployed more rapidly and at less cost than competing solutions – avoiding high outlay and unnecessary headaches of disparate ‘solutions’. The end result is a much faster return on investment.

BANCS can be implemented in a matter of months for smaller FSI’s, and has recently taken less than 12 months to reach pilot stage in some of the world’s largest banks – a fraction of the time needed to install competitor solutions.

Because it requires less processing power than competing solutions, BANCS can lead to substantial hardware savings coupled with lower ongoing operating costs. Operating costs are kept low by the modular nature of the product which allows it to be easily expanded and enhanced by the user without costly changes to the core architecture and source code.

BANCS’ open architecture and modular design provides additional investment protection, making for a ‘future proof’ solution supporting the continual evolution and automation of banking operations regardless of hardware platform.

BANCS’ clean architecture scales easily in any environment from a single mini-bank with 5000 accounts to some of the world’s largest international banks with more than 100 million accounts.

BANCS is designed to scale easily to support increases in transaction volumes and increased automation of banking processes.

BANCS is able to operate on MVS, UNIX and Windows including the latest .NET Windows Servers. This results in a truly multi-vendor solution, giving greater choice, and allowing migration to alternate platforms. This is a major advantage in the event in a change in technology resulting from organic growth or the merger or acquisition of businesses in the financial services industry. BANCS also integrates with all major databases, making it easy to integrate with existing systems.

Trevor Builder
Vice President, Corporate Marketing

tbuilder@fns.com.au

(02) 9310 9838

0412 451 219

Financial Network Services Pty Limited

Unit 6/70 Rosehill Street, Redfern, NSW 2016

www.fns.com.au

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