RUBIKON Retail Banking
Rubikon Retail Banking is a new generation banking solution that offers broad retail functionality with embedded workflow management and unparalleled scalability.
Rubikon is Neptune’s flagship, “mashup friendly” platform providing banks and financial institutions of all sizes with banking systems solutions that enable the support of an agile enterprise that can reap significant benefits from change - turning change into profit. Rubikon is designed to deliver an industry specific, closely coupled, business-oriented and collaborative framework for financial services. Rubikons’ unique Financial Service Oriented Architecture (FSOA) facilitates rapid incremental deployment as; either a complete universal banking system, or a series of special-purpose applications that collaborate with the existing infrastructure to deliver new products or services, addressing new channels to market, or streamline currently inefficient or high-risk processes. This approach allows banks and financial institutions to achieve accelerated returns on investment and gain competitive advantage, especially in attracting the new wave of “Generation Y” customers and employees. Each of Rubikon’s components is closely-coupled to the others, enabling Rubikon to simultaneously provide an environment that is:
- Customer-centric
- Business-service and Workflow oriented
- Event driven
- Easy and fast to develop new products and services
- Channel agnostic
- Intuitive and collaborative for users
- Management information rich and compliant
The Rubikon technology platform is based on “real” new technology, 100% Java, adopting open standards and an SOA architecture, which brings scalability and agility while delivering process excellence to the business.
Rubikon Key benefits
Integrated workflow engine
Rubikon’s workflow management is integral to all its modules and provides a complete and automated control of operations, thereby increasing efficiency and decreasing operational risk. A set of alerts and notification schemes are part of the built-in workflow module in order to notify employees about actions that require their attention.
Rules engine
The Rubikon externalised rules engine provides banks with controls and the flexibility to change the operating rules without recourse to the software vendor. Banks can make changes in a timely manner to suit their business needs and keep up-to-date with the latest regulations, management policies and market requirements.
Multiple delivery channels
Rubikon’s integrated multi-channel architecture ensures that the customer has a consistent and smooth experience whatever the channel used: branch, ATM, internet, mobile, IDTV, IVR, POS or e-banking.
Virtual “end-of-day” processing
The close of day batch run is a constraint for most banks: the system has to be stopped to perform the daily administrative and financial tasks. Rubikon has eliminated stopping the system for executing the end-of-day batch processing by using the virtual end of the day processing concept and therefore provides a seamless transition from one day to another without having to stop bank operations, offering 24*7 availability.
Easy compliance with regulatory obligations
Rubikon supports a comprehensive risk management system including Basel II (credit, market and operational risks), Sarbanes-Oxley (SOX), IAS-39 and an anti-money laundering (AML) module that has the ability to detect suspicious transactions, taking into account Know Your Customer (KYC) parameters.
Integrated customer relationship and case management
Customer relationship and case management is an integrated part of the Rubikon solution. Banks can create a customised, rich and differientated value proposition for their customers.
Flexible product definition
A flexible product definition framework, based on business rules and workflows, enables banks to create new products or modify existing ones as quickly as the market demands. The bank now has the flexibility to deploy certain products to specific branches.
Banking intelligence
Rubikon’s banking intelligence module provides critical business information in a dashboard style view, giving a comprehensive overview of the health of the bank or business entity at a glance. Graphic displays ensure that the information is clearly and easily understood.
Multi-currency, multi-region, multi-lingual
Rubikon can be deployed across different regions, supporting multi-currency, multiple languages, and reporting capabilities within the same environment.
Data warehousing
Rubikon contains an industrial-strength data warehousing module that provides invaluable support to the banking intelligence and analytics package.