IPBS/BANKING

ipbs/banking
ipbs/banking provides all of the operational functionality to manage the traditional banking functions of a private bank.
Centered around a multi-currency general ledger accounting system it provides the inline integration of traditional sub ledger account management within the general ledger. i.e. Client deposits and loans fixed term and rollover, interbank deposits; nostro/vostri, foreign exchange operations, payments and transfers, current, savings and notice deposits, demand deposit interest accruals and accounting, standing orders, customer statements and advices. Where banking services are offered in conjunction with other product offerings, such as trust and investment services, mutual funds and share registry, the banking operations are seamlessly integrated with these products to automatically, manage the movement of monies on behalf of such client operations. e.g. Settlement of Securities Trading, Collection of Security income, Client Deposits and Loans, Foreign Exchange Operations, Payments and Transfers to or from third parties. Such activities and transactions that originate in other iPbS modules are automatically mirror posted to the bank (House) ledger based on a parameter interpretation in the source transaction. as with the entire iPbS suite of software programs, banking transactions are processed in real time and update all relevant accounting records and positions across the enterprise pertaining to that particular transaction set. iPbS uses server based date time settings to identify what day or accounting period a transaction relates to and this obviates the need for any end of day or start of day processing routines normally found in older platforms.

kEy FEaTurES OF iPbS/banking inCLuDE:

Multi-Currency, Double Entry General Ledger Accounting integrated sub ledger accounting with built in client profitability analysis Forward & back Valued entry processing automatic transfer of foreign currency profit and loss to base currency at nearest prevailing exchange rate. year end P & L Closeout to retained Earnings Money Market Deposits and Loans bulked of individual Parameter based rate application Daily accruals automatic Maturity Processing user Selectable Maturity rollover Options break option with rate adjustment and penalty fee

Wealth Management Solutions.

Nostro/Vostri Demand, Notice, Call and savings Accounts Flexible parameter based interest calculation options Daily accruals of interest Monthly of Quarterly Capitalisation option back valued interest adjustments Treasury Management Maturity and currency exposure management rate spread analysis standing Orders all frequencies Forex Dealing Spot and Forward Dealing automatic deal spread accounting real Time Currency Position Management and revaluation payments and Transfers Clients general internal Client Reporting suite Debit/Credit advices Deposit confirmations account Statements Foreign exchange trade confirmations Automatic interface with other ipbs modules Trust accounting Mutual Funds & Shareholder accounting investment Management

a gLObaL SOLuTiOn
iPbS serves a wide cross section of financial services providers ranging from tier one financial institutions to smaller boutique wealth managers and family office practises. The broad international diversity of the beneficial ownership of its clientele has contributed a rich array of functional options in the iPbS suite. From its indigenous start up base in the Caribbean region, iPbS now serves a growing clientele in ten international jurisdictions that span the globe.

iNTERNATiONAL pRiVATE bANKiNG sYsTEMs iPbS House no. 3 Moseley Lane P O. box n 1013 . nassau, bahamas (242) 394-6420 | Tel (242) 393-7735 | Fax info@ipbs.com www.ipbs.com