184 Erasmus Street Argo House Pretoria                              

info@softsplice.co.za

012 110 4063  

Diagrammatic Presentation of the Banking System
Components of the Banking System
  • The system consist of a core of 3 main modules

    • Switching

    • CBS (Core Banking Solution)

    • Issuing

 

  • The diagram shows the other modules as well

    • Dialogue

    • Acquiring

    • ESB Enterprise Service Bus (ESB) / Service-Oriented Architecture (SOA)

    • Management Information System(MIS)

Switching
Transaction
Switch
CBS
Core Banking
System
Dialogue
USSD Sms
MIS
Management Information & Reporting
Acquiring
Payments
Issuing
Account  Management
ESB
Enterprise Service Business
Summary of the Bank System

The system is built on Caché from Intersystems.

 

It is English based. Branches work on an online web portal, where bank accounts are opened, debit cards are issued and the client's enquiries are handled. Certain functions are performed by the Head Office, i.e. 24 hours Operators (Monitoring the system), the FICA department (Compliance and Documentation), the Support department and Client Care.

 

The transaction switching - and processing of transaction applications are largely developed in Clarion, with  an ODBC interface to the Caché database.

 

The system is best suited for bank customers with clients in the lower income group.

ISSUING

  • DebiCheck Payment Systems 2019 - current

  • Set up product types according to Business rules

    • Functionality, Fees, Limits, Documentation needed according to FICA requirements

  • Creating Card stock according to Product type and Co-brand

  • Allocate Stock to branches

  • Issuing accounts online

    • Cheque and Savings and Wallets

  • Upload documentation according to Business Rules for each products

    • Allow FICA department to approve documentation accor

  • Update Client Information

  • Value Added Products

  • Migration

  • Issue Convenience Card, similar to a gift card

  • Manage Branch information

  • Perform third party functions on behalf of Clients

    • Draw Statements, Balance Enquiries, Abridged Statements

    • Make Cards Hot

    • Load Payment Requests

CBS

  • Transactional Banking System

    • Processing Credits and Debits

    • Enforcing Account limits

  • Customized import according to Industry Standards and proprietary standards

    • Incoming EFT Credits

    • Incoming EFT Debits

    • Acquiring Credits

    • Disputes

  • Customized exports according to Industry Standards and proprietary standards

  • Outgoing EFT Credits

  • Outgoing EFT Debits

  • Monitoring system to ensure 100% Availability

  • Export of all data to ensure compliance to our banking partner

SWITCHING

  • Accept switching transactions

    • Different formats : ISO8583, XML, JSON, ISO20022

    • In house format PIN Encryption by HSM

  • Switching ATM Transaction

  • Switching Debit Card Transaction

  • Switching Payments/Transfer

  • Monitor uptime 100%

DIALOGUE

  • Communication module to the Client

  • Sending SMS

  • Accommodate Reply to SMS

  • Self registration of new Client on boarding

  • Mobile Banking allowing the client to transact on his mobile phone via USSD2

ACQUIRING

  • AEDO & NAEDO Payment Systems 2006-Current

  • DebiCheck Payments Systems 2014-Current

  • Register loans

  • Manage installments

  • Send Request for Payment

  • Process Response from Client

  • Send Feedback to Merchants who facilitate loans

  • Manage Merchant information

MIS

  • Secure VPN Website

  • Pre-defined set of Reports to send management reports to branches and Head Office personnel

    • Accounting information from General Ledger

    • Summary of Fees acquired

    • Information on Accounts issued

    • Information of state of documentation

    • Customised reports as required

ESB

  • Integrations with Third Parties to facilitate

    • Account Issuing

    • Documentation uploaded

    • Transfer funds (Including Reversals)

    • Registration of loans

    • Collection Requests

    • Collection Response

    • Integration into legacy systems

  • Data-interchange Formats

    • XML

    • JSON

    • ISO20022

    • Delimited (CSV)

  • Inbound OutBound Connection Adapters

    • Email

    • Files

    • FTP/ SFTP

    • HTTP

    • SOAP

    • REST

    • MQSeries

    • TCP

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