Supporting the Needs of Retail Banks: Multiple account management modules
Thaler on z/OS was designed to satisfy the core account management requirements of major banks: current and savings accounts for individuals and cash management for companies. This support is offered through individual modules to give banks the specific functions they require:
- Account management modules help banks handle positions and accounts related to core-system operations (such as payment or credit transactions) in real time and generate event reports for general accounting.
- Deposit management modules help banks handle regulated deposits, term deposits, and home-ownership savings accounts.
- Cash management services help banks serve commercial needs for cash concentration, inter-company cash flow, and notional cash pooling.
This independent module design makes it possible to implement Thaler on z/OS gradually without disrupting the rest of your IT system.
Broad functional coverage of Thaler on z/OS