T he ETT financial software is a system that provides support for financial services & banks helping managing financial institutions. The system provides a database core and a frontend for customer facing functions and a backoffice for staff-facing functions. As an online banking solution, it can be used to support e-banking, payment processing, treasury management, foreign exchange and other applications.
Using our banking software, you can allow your customers to: apply for accounts, create subaccounts, access funding instructions for their accounts, manage beneficiaries, request payments, transfers and foreign exchange transactions, query their account statements, close accounts, and much more.
Your back office staff can review and approve account applications, maintain customer and account information, provide funding instructions, process information from intermediary or underlying banks, review and approve transfers, payments and foreign exchange transactions, export payment requests to be processed by intermediary or underlying banks, maintain exchange rates, set tariff plans, query customer account statements, activate and close accounts, analyze transactions and do your basic accounting.
Unlike other treasury management systems provided by, or used by banks, the ETT banking software integrates foreign exchange processing directly into the transaction processing system and assumes that all customers will send and receive multiple currencies and will hold foreign exchange positions. Similarly the software assumes that there will be multiple banks providing facilities to the platform, and that the back-office manager will choose the most efficient bank by currency or time zone, for, example. This requires the back office manager to be able to reconcile all these positions, on demand, by bank and by currency. The unique reconciliation function of our financial software can enable instantaneous profitability calculations and integrity checks at the push of a button and at electronic speeds. These specific attributes mean that the system is extremely efficient, easy to implement and easy to manage.