FIS' ALLProfits is an integrated core banking solution designed for international financial services branch operations. Its broad functionality includes support for trade finance, multicurrency accounting, treasury, loans, retail deposits, time deposits, remittances and testkey. ALLProfits is an integrated suite that can be implemented as a complete set, but modules can also be acquired and implemented selectively in support fo specific business needs.
Some of the key functionality with the ALLProfits suite includes:
Multi-Currency core accounting
A comprehensive financial management system that operates on a real-time basis either as a stand-alone application or fully integrated with the other transaction modules, handling up to 40 currencies with automated exposure and exchange gain/loss calculation. The software can also function as a multi-currency sub ledger and submits summary transactions to the bank's general ledger system.
It offers the following Optional Modules - Customer Loans System, Customer Limits System, Time Deposits System, Retail Deposits System and Remittance System.
ALLProfits Remittance is a Java/browser-based comprehensive remittance/funds transfer system that automates inward/outward remittances in the forms of foreign currency cheque, demand draft, traveler's cheque, mail transfer, telegraphic transfer and SWIFT.
Trade Finance System
ALLProfits Trade Finance System operates in an economical client/server environment and handles import letters of credit, import bills, export letter of credit advising and export bills, for international financial services branches.
Treasury/Dealing Room System
ALLProfits Treasury/Dealing Room System facilitates foreign exchange and money market transactions and is used by dealers, back-office staff and management at banks and international financial services branches. The client/server system banking software interfaces to SWIFT, Fedwire, telex and mail to generate documents such as contracts, confirmations, settlement instructions, accounting vouchers and reminder letters/tracers.
Web-Customer Service Application
This ALLProfits application provides an Internet channel for customers to apply online for letters of credit, request amendments and verify the history or status of their LCs. The banking software system is browser-based and the bank processing component operates on a client/server environment.