What is FNS (Financial Network System) ?

A banking system developed by an Australian company --- Financial Network Services (FNS)

Just copying an introduction paragraph from FNS's website below. Hope this helps.

http://www.fns.com.au/productcore.htm



BANCS Core Banking

"A proven, future-proof solution to 21st century banking requirements"

For more than 20 years, FNS has been assisting financial institutions around the world to grow their business and re-engineer their banking operations with its world class BANCS core banking solution.

Today BANCS is the underlying technology in some of the world's most highly awarded financial institutions - recognised for world's best practice in customer service and operational efficiency.

BANCS automates every aspect of a bank's operation - uniting front, middle and back office processes in real time. The latest branch automation and Internet banking solutions extend this functionality 24/7 to entire international branch networks and customer-facing interfaces.

Deployed at over 100 sites in 35 countries, BANCS has gained a reputation for increasing productivity and profits by responding rapidly to market demands for new financial products, providing superior customer service and managing risk across the organisation.

Future proof design :

The key to the success of BANCS is its superior open architecture which provides an unequalled level of integration, flexibility and scalability across all platforms.

These foundation concepts have been maintained and enhanced through successive generations of the BANCS product which has benefited form millions of dollars in ongoing FNS Research and Development, ensuring BANCS remains unbeaten in these attributes.

The latest BANCS Solution combines a proven core retail banking system and its state-of-the-art front end delivery channels, with the added option of a full wholesale banking solution incorporating Treasury, Trade Finance and International Payments.

Other modules include Accounting (General Ledger) and Executive Information System (EIS) components which leverage the completely integrated nature of the core solution and its automatic data capture characteristics.

BANCS has been designed in a modular fashion around a common base which is both platform and database independent. This means financial institutions can convert to BANCS and add increased functionality in manageable increments without the hardware and systems limitations of typical legacy systems and many contemporary offerings.

It also means the solution is virtually future-proof, being able to accommodate the latest technological innovations through application program interfaces (APIs) which are isolated from the core architecture and do not require the main application code to be re-written.

Foundation Concepts :

The BANCS application has been developed around six basic key foundation concepts. These are:

Customer relationship management
Modular, parameter-controlled
Scalable and high performance
System Independence
Ability to co-exist with other systems through APIs
Multilingual and multi-currency