Core Banking Operations

From retail to corporate banking, from loans to deposits, our consultants have in-depth knowledge of core banking systems and related operations.

With centuries of overall experience with core banking systems and operations, Advocate consultants have in-depth knowledge of several Core Banking Systems, e.g. Finastra Bankfusion Equation, Bankfusion MIDAS, Oracle Flexcube, Symbols.

The level of integration of a Core Banking System differs from bank to bank, sometimes the as-is provided functionality is enough, but sometimes additional developments, integrated satellite systems are developed in order to be able to provide more nuanced services or operations.

Advocate Organization Development has a leading role in supporting Hungarian Financial Institutions in Core Banking development and related services. Our professional consultants use their expertise and experience in different business and development activities that are related to the following fields and activities:

  • Business workflow and process optimization: evaluate and review business processes, identify bottlenecks and future-oriented solutions to existing problems.
  • Support and lead product development: design and introduce new products, help managing the product portfolio.
  • Core Banking System upgrades: consulting and development services for mission critical Core Banking System upgrade projects.
  • Providing end-user support and consulting services for well-known Core Banking systems: Finastra Bankfusion Equation, Bankfusion MIDAS, Oracle Flexcube, Symbols, etc.
  • Providing IT Business Analysis, Development and Testing services: IT consulting services for integrated satellite systems, middleware and distributed interfaces/applications (implementation of customer access management systems, integration to limit management, loan origination and deposit product systems, etc).

Latest Core Banking Projects

Bankfusion Equation upgrade projects

Our consultants were key participants in several Equation upgrade projects.

Automatic loan eligibility calculator

Design and introduction of an automatic loan credibility calculator for small amount loans with automatic imbursement.

Outstanding debt collection system

Introduction of a system responsible for debt collection in both retail and corporate segment.

New Collateral Management System

Design and introduction of a new Collateral Management System with integration with many originating systems and with DWH.