Share Branching: is an added feature \ module to our flagships products Emortelle and IBOS.

 

The Shared Services module is an authorizing and transaction processing module designed to respond to requests from other Organizations conforming to the ISO8583 financial messaging standard.

This facility allows a member \ client from an Organisation to perform Balance Enquiry, Deposit transactions (cash and deposit), Withdrawal transactions, Transfer transactions, Loan Payments and Statement requests at another participating Organisation in real time.

• Enquiries will reflect actual real time balances
• Transactions will directly and immediately update the home database
• The System will treat the participating Organisation as a Branch with limited access
• The System will produce the necessary reports to assist the Organisation with reconciling receivables and payables resulting from this facility

Controls for the Service:
You can set:

• Which Account Products are available for Shared Services
• The Maximum Value that can be withdrawn per account
• The Maximum Deposit that can be received per account
• The Number of Days to hold Cash and Cheque deposits
• Fees chargeable

Network Communications:

• TCP \ IP Network
• High Speed DSL connection (512K) Hamachi VPN
• RHEL R3 (update 6) or RHEL R4
• Ports 20 – 23 opened (if a firewall is incorporated)