psi synergy
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PPinnacle innacle SSolutionsolutions
IIncorporatedncorporated
Executive SummaryExecutive Summary
Pinnacle Solutions Incorporated (PSI) is a privately owned corporation, founded in 1992, located in Springfield, New Jersey, USA. PSI’s staff has an average banking and financial institutions experience exceeding sixteen years, enabling PSI to support you in successfully implementing complex software solutions for the wholesale and commercial banking sector. PSI has an uncompromising commitment to customer satisfaction, and PSI takes great pride in the professional quality of its work.
PSI is proud to offer Synergy, a state of the art web-based suite of integrated banking applications, to a select group of international financial institutions. PSI works with you to incorporate Synergy with your current infrastructure, integrating with your extensive investment in computer platforms and networks, so that you benefit from the next generation of IT architecture seamlessly. PSI provides functional and technical training and support, along with project management consulting. PSI focuses on understanding your environment, working with you to execute projects through technical, business process and work flow analyses. PSI has extensive experience integrating with standard banking applications including SWIFT, General Ledger, Data Warehouse, and electronic banking.
PSI Mission and DirectionPSI Mission and Direction
Mission Statement Provide software solutions and consultancy to
international financial institutions
Strategic Direction Provide the highest level of customer satisfaction
Provide integrated support for real-time customer risk management, treasury mid- and back-office, lending, trade finance, customer accounts and payments
Develop, market and enhance products servicing a select group of international financial institutions
PSI Consultancy ServicesPSI Consultancy Services Project management
Requirements analysis and definition
Custom software development
Training – users, management, operations
Test and live systems set up
Application Integration
Hotline (“help desk”) – first or second level
Support – emergency error correction
Maintenance – non-critical error correction and SWIFT updates
Development – customization, business driven enhancements, technical driven enhancements
Acceptance test and implementation support
Implement or convert new and acquired locations
ApplicationsApplications
Synergy is a web-based suite of integrated banking applications, currently
operational in international banks in over twenty countries:
Central Tables (Customer, Currency, SSI’s, etc.)
Loans and Deposits
Funds Transfer (Payments and messages via SWIFT, bookings)
Accounts (DDA and Nostro)
Trade Services (Letters of Credit Issue, Import/Export/Standby, Financing, Collections)
DesignDesign
Synergy is an “n-tier” design Web server, Application server and Database server Developed using Microsoft.net tools
Synergy design enables Scalability Transmission and receipt of data via standard XML
protocol to/from front, back, or mid-office systems Reuse of processing Provision of data via views for head office reporting or
data warehousing Oracle and Microsoft SQL supported Integration with other products – Word, HTML, Excel,
Acrobat Internet or Intranet access to bank or customer
information from anywhere
General FeaturesGeneral Features Dynamic accounting definition On-line GL booking creation with inquiry via multiple
filters and exportable Inter-branch processing Restricted access for Region/Location/Branch Cross edits to minimize user mistakes and auto save
features SWIFT output that can be viewed and printed Customizable, multiple language output to customer Robust inquiries and reports, with option to export to
Excel Monitor for Operations and targeted transaction
workflows Customizable local data capture Highlighting of modified information Audit trail, history, and automatic archiving View and print end of day reports and customer output Customer output via e-mail, mail or fax
Drop down finds for all table look ups
Drill down from filtered inquiry to deal data
Combined Inquiry and Reports
Attachment of electronic files
Cross edit for correctness of content
Save work in progress
Label names use common business terminology but may be customized to your preference and your language
Profile customization
Open any function in a new window, keeping current window active
User InterfaceUser Interface
NavigationNavigation
Synergy employs multi level navigation with a fixed size
entry page
Left window structure – selection of functions
Tab strips within the entry page segregates information
Detail tabs for further data capture
Optional mouse-less input and shortcut keys
Switch between branches seamlessly based on user profile
User AdministrationUser Administration
One individual username and password is assigned to each User
Each page is assigned a unique function number in the Function Table, enabling secure granting of function access to users
Assignment of these functions into “Roles” and “Role Groups” is fully integrated with the other Synergy applications and will be performed by your User Administration Group
“Roles” and “Role groups” are finally assigned to the existing Synergy Users
No additional username or password is necessary across applications and across locations and branches
Encrypted password control with strict rules on password content, history, and expiration
Central TablesCentral Tables
Enhanced customer data capture with dedicated fields (facilitates reporting, data warehouse)
Multiple output definitions (fax, e-mail, paper, SWIFT) in multiple languages
Customer address layout by country
On-demand reports for every table, with on-line display
Reports can be produced in Excel, Word or PDF
Every change is tracked by user, date and time and can be queried on-demand
Standard Settlement Instructions at Customer, Application and Product levels
Centralized account limit override
Loans and DepositsLoans and Deposits
Overnight, Term and Call loans and deposits Prolongation Rollover Consolidated amendment Future value processing Cancel or reverse matured transactions Amend matured transactions Broker commission Departmental profit and cost allocation Principal and interest scheduling with business
conventions Prepay interest or settle separately at issue Blocked deposits Instruments maturing today and automatic prolongation Transaction audit trail
AccountsAccounts
Fast account creation with defaults or using templates Global fee and interest conditions Unlimited back-value with interest conditions Off-cycle, on-demand fee/interest settlement Immediate account closing with interest and fees Interest pooling Stop payment checking, holds (pledged amounts) Blocked functionality at account or customer level SWIFT statements and advices, intra-day and overnight Paper statements and advices Interest profit or cost center allocation Standing orders Account holders Archive inquiry
Funds TransferFunds Transfer
Customer and inter-bank transfer (MT103, MT202) with integrated fees and charges
Batch input – DDA, Nostro and GL bookings
Templates for batches, payments and SWIFT messages
Batch listing at any point (entry, verify, inquiry)
Transaction audit trail
SWIFT message creation (MT1xx through MT9xx) with validation and output; can view SWIFT message at any stage
Proprietary message creation
Inbound/outbound message tracking with sent and acknowledged date and time
Interface for processing bookings, payments and messages from external sources on any platform
Standby and Documentary Letters of Credit Issuance, Advise, Confirmation and Amendment capability
Export, direct and import collections issue, amendment
Fully integrated pre and post shipment finance
Acceptance, deferred payment and payment processing for all business types
Syndicated risk for any Import, Standby or confirmed Letter of Credit
Customer internet web application for issuance, amendment, advice, presentation and inquiries
Outbound and inbound SWIFT processing
Templates, and copy options for repetitive transactions
Diary for event tracking
Manage LC activity dates, payment dates, fees deducted, and amounts distributed
Flat, accrual and rate based fees
Trade ServicesTrade Services
673 Morris AvenueSpringfield, New Jersey 07081
USA
Tel: +1 (973) 258 0909Fax: +1 (973) 258 1771Email: [email protected]
www.psi-nj.com
PPinnacleinnacle SSolutionsolutions IIncorporatedncorporated