MoonSol is the modern, state-of-the-art, modular bank account management system of Online Business Technologies, a graphical, three-tiered software application that is flexibly extensible, boosts 7x24 operations and several innovative technological solutions.
MoonSol modules can be collected arbitrarily, even individual modules can be introduced
both for the front-office and back-office modules
MoonSol can be a good choice for the smallest credit institute as well as for the largest commercial banks serving over tens of millions of customers, no limits in extension both as regards operational size and functionality
MoonSol is an extremely open system, modules can be implemented into any existing environment and can communicate with several interfaces with other systems (e.g. SOA / Web service, ROA / REST)
MoonSol modules have a refined parameterization layer, with which new products can cost-effectively be created from the user interface with short time-to-market and the operational parameters of individual modules can be set
The objective of this module to support the sales of current accounts, deposits and loan products, from the first client contact and initial offer, through the decision on application, to contract preparation.
MoonSol Digital Banking is our solution for the Digital Age, when ALL banking services should be TRULY available 24/7, all around the globe without personal interaction. Our MoonSol module can separately be implemented and connected to any core systems either with already existing e-channel interfaces of core systems or with a new interface,if preferred.The module includes a mobile banking and internet banking solution, which makes available a wide-range of banking services such as account information, credit transfers, direct debits, deposit and loan management. The module also has an open API layer fully compliant with PSD2, which enables Third Party Providers (AISPs and PISPs)to retrieve client account information, or initiate payments. The open API has been developed in line with the Open Banking Standard (www.openbanking.org.uk) using state-of-the-art technologies, eg. ISO 20022, OAuth 2.0, OpenID Connect 1.0 and REST.
The module can either transfer client requests to the core systems or is able to execute client requests when core systems are offline due to eg. day-closing. If requested, it is ready to provide core services like initiating / requesting instant payments, managing transfers and loan applications, or handling deposits. The module will synchronize these operations with the core system when core systems are online again. This way the module can provide ANY core services TRULY 24/7.
See the detailed description of MoonSol Digital Banking Module in our brochure.
See our 'From here to PSD2 and beyond' presentation on Digital Banking here, which was among the Top 5 presentations on the 5th Back Office Operations Forum in Berlin and on the International Payment Conference in Vienna based on the feedbacks of the participants.
See the presentation of our PSD2 workshop on the 6th of October, 2017 here.
The CRM module enables the creation of a CRM partner database, contains simple and complex segmentation tools that enhance the sophisticated identification of target groups and manages the preparation of campaigns for those groups (SMS sending, telephone calls, offers at client contact points, sending letters).
The objective of the module is the management of current and other types of accounts, providing connected banking services like standing orders, direct debit orders, agreed overdraft, cash pooling etc.
Bank cards. The module manages credit and debit cards (maintenance of status and data of cards issued, limit authorization, assignment of incoming batch transactions, fee calculation, and automatic dispatch to account management).
Cash desk and central vault (in local currency and FX currencies).
Full scale handling of deposits (term deposits, maturity provisions etc.) of arbitrary currency, with interest rates that are highly parameterizable. The module also handles maturity provisions (e.g. re-deposit of capital and interest, transfer to a given account etc.)
The module manages various types of loans: consumer-, corporate loans, state and other subsidized loans, mortgage loans in local currency and other FX currencies. The module does not only support normal processes (e.g. loan repayment), but it also handles special events like recalculation of payment plans, management of early payment, prorogation, loan expiry, loan write-off. The system also supports monitoring tasks.
The Collateral module supports the multi-level registration of collateral contracts and collateral objects serving as collaterals for loans. Collateral objects record the properties of the physical objects, while collaterals serve to record contractual information. Functionality of the module extends to evaluation of objects both at origination and cyclic intervals, including evaluators and evaluation tasks.
The module manages the cases of clients with overdue payments. The module enables the definition of collection processes by users based on different client-types, product-types etc., manages the collection processes, prepares the 360 degree profile of partners and contracts, and also prepares different efficiency reports.
The IFRS module covers the handling of both the IAS 39 and IFRS 9 standards. The module is capable of storing deal data (contract, customer) in its database, in this case data received through the interfaces undergo data validation upon input. Functionality covers effective interest rate (EIR) calculation, amortized cost handling, and impairment calculation according to IAS 39 or IFRS 9 standard.
See Rights and Policy in connection with the IFRS Standard Package Offer.
The Accounting modules cover the whole field of accounting of a financial institute consisting of general ledger, fixed assets management, payable-receivable module, and operational expenses management.
The functionality of risk management covers actual risk management, scoring, limit handling and Basel 2 and 3 reporting. For the first three cases the module caters for the parameterization of conditions connected to the functions and evaluation of conditions during operation and execution of tasks based on evaluations.
The Regulatory Reporting module operates nwith data received from the source systems through daily data transfers about the operation of the banks through an XML interface. The regulatory reports are created in a two-phase process: first a draft version is created then based on user input the report is finalized.
The objective of this module is to enable the users to parameterize an account management system. This parameterization possibility extends to the preparation and setup of new product types, the area of commission management and also to the modification of several other parameters. (E.g. scorecards, GL parameters, document templates, exchange rates and interest rates etc.)
The module covers the functionality required to operate a building society. Besides the classical operation of deposits and loan management, the module covers functionality supporting subsidy management and monitoring usage of subsidy.