CAD IT

Based in Verona, Italy and quoted on the Milan Stock Exchange, with 650 employees and >100 banking customers, CAD IT is a leading supplier of integrated systems to banks in Italy, Germany and Switzerland.

Challenge

A new customer centric Core System for financial institutions requiring functions associated with retail and wholesale banking from foreign exchange to settlement and statutory reporting.

Delivery

A complete modular core system with embedded functionalities for multi channel delivery.The architecture has been conceived to enable individual components to address Customer Acquisition, Risk Analysis, Customer Position, Monitoring, multiple currencies,multiple languages. The system operates via web, PDAs and cell phones.

Results

• independently installable modules
• new business products can be incorporated easily 
• high automation level in banking processing (STP)
• completely customer-centric, database centralised, multi-lingual, and multi-currency
• runs on a variety of fully scalable HW/SW platforms