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FITAS
-- The ultimate solution for Trade finance |
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ecSolutions has been providing FITAS, Trade Finance solutions for
more than 2 decades, and is one of the best solutions in this industry.
The power of FITAS comes from its architecture and rich functionalities,
which were accumulated over the past years. FITAS, like most of
the solutions offered by ecSolutions, is of 3- tier distributed
software architecture, multi-lingual, multi-currency, and operates
on almost all of the commercially available platforms such as Microsoft/Windows
2000, UNIX, Tandem's Guardian, OS/390 and OS/400.
FITAS grows with the technology. It now offers different user interfaces
such as Windows GUI and Browser-based GUI; it offers multi-channel
services, from EDI to XML-based service channels; and multi-type
architecture from central mode to 3-tier architecture.
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Multi-channel service delivery |
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FITAS offers numerous ways for banks to provide
Trade services to their clients, whether it is through Internet, Extranet,
Telex, Fax, Emails, Flat files, XML and other traditional channels
such as through physical branch office counters. |
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System access |
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Bank staffs access FITAS through an easy-to-use GUI running on
Microsoft/Windows 98, NT, 2000, and connect to FITAS via LAN, Intranet
or Extranet. Banks have a choice of interfaces either browser-based
or windows based. FITAS employs the most user-friendly means to
improve the use of the system such as Pop-ups, radios, calendars,
etc.
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Different modes of operation |
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FITAS supports a variety of operation setups such as Hubs-and-Spokes,
Multi-Bank, Regional Hub, Multi-Branches and Globally Centralized
Architecture. FITAS operates on any combination of organization
structures. This will provide banks an unmatched level of adaptability
for trade finance system considering possible operation consolidation
after merge and acquisitions, and the growing geographical locations
as businesses become more and more globalized.
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Rich functions and features |
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FITAS consists of basic bills processing such as Inward Bills,
Outward Bills with interface to Telex, MERVA, ST200, ST400 and SWIFT.
Inward Bills includes letter of credit (LC), inward bills under
LC, shipping guarantee, import loans, inward collection bills, and
letter of guarantee. Outward Bills is composed of LC negotiation,
Outward bills under LC, Outward bills purchased/ collected, LC transfer,
LC advising and confirmation, LC reimbursement, and export loans.
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Internet enabled |
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Loans module of ecMARKfin, ecSolutions' Internet banking solution,
provides a seamless integration to ecLOANS on providing a secured
end-to-end Internet delivery channel. Customer can enquire the transaction
history, application for revising payment terms and the due date
of the coming loan payment, etc.
By complementing the basic bills processing functions with ecSolutions's
Customer Information System, Central liability System, and General
Ledger System, FITAS turns into a customer centric system that allows
banks to handle financial reporting and managing the authority of
all FITAS users, a total solution for the bank. Its modular design
is not only capable to interface to ecSolutions' banking solutions,
but also provides customizable interfaces for third party Customer
Relationship Management and General Ledge System.
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Workflow automation and Imaging |
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With ecWIS, ecSolutions' workflow and imaging solution, FITAS helps
the banks to remove the paperwork tension from the intensive trade
finance operation. FITAS seamlessly integrates to ecWIS providing
an easy-to-use GUI, allowing users to define the workflow with the
support of exception handling, routing by conditions, etc. The management
can monitor the distribution of the workloads, service indicators,
and the performance of the processing staff. ecWIS supports a variety
of scanners that is complied with the standard of TWAIN and ISIS,
and provides multiple levels of indexing for imaged documents and
a high-speed search engine for retrieving the image from the databases.
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Rationales - Functions & Features
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Platform Supported: Windows NT/2000, TANDEM, HP-UNIX, SCO-UNIX,
RS/6000, AS/400, ES/9000
Database Supported: MS SQL 7.0, MS SQL 2000, ORACLE, DB2, Sybase,
Informix, Compaq NonStop SQL/MP
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