ELBOS - banking information system

The ELBOS system provides comprehensive operational functionality for universal banks, credit unions or other bank-type institutions. This system can be used also by non-banking credit providers either as a special licence or as the CODAS service. The system is designed for multiple currencies and can be used for management of standard deposit and credit products (e.g. current account, fixed term account, revolving deposit account, consumer and commercial credits, overdraft account). A wide range of functions is available for both domestic and international payments. Clients can use comfortable and highly secured Internet banking to administrate their accounts. ELBOS is intended for operating in more countries, individual national instances of the system are implemented by adjusting parameters of the common basic solution.

Functional diagram ELBOS contains the complete functionality for assuring of the operating of a universal bank or other financial organisation. The system is designed to enable multiple currencies administration and managing of standard deposit and credit products (e.g. checking account, fixed-term and revolving deposit account, consumer and commercial loans, overdraft account). The full spectre of functions for covering of the domestic and international payment transactions is available. Clients can use comfortable and highly secured Internet banking for handling their accounts.

Strengths of our solution

ELBOS meets demanding operating and security parameters which are usual for banking information systems, especially:

• Modular structure: ELBOS is distinguished by its modular and widely scaled architecture. At its base there is an accounting-transaction core recording information about people, products and accounts. Flexible implementation of the system in accordance to a bank´s recent requirements is possible thanks to the modular architecture of the system. The system can be implemented as a main operating system (covering complete functionality) or can be implemented only chosen modules with connection to the main operating system. In both cases the relevant operations are automatically reflected in the main accounting system.
• Proven concept and used technologies: ELBOS integrates long-term proven concepts with the applications of modern information technologies. The used architecture reflects TurboConsult´s long-standing experience with the development of international banking solutions verified in organisations with more than 1 million clients.
• Capacity and productivity: the proven concept of the complete solution guarantees stable and reliable operating of a financial organisation.
• Effective user interface: ELBOS combines the user friendly Windows GUI application used mainly by the back office employees with web applications for external users such as clients or business partners.
• Broad availability: Internet banking and other selected system functions are available 24/7.
• Transactions and data integrity: all system data are stored in a common database and their processing takes place on a transactional basis. Operations are reflected in the database only after their successful completion.
• Operational security: the security of the system is ensured on the level of standards applicable to banking systems. Access is possible only through the user authentication. A permitted scope and level of authorization is set for each system user, including the option of denying an access of a specific user to specific records. The four eyes principle is applied to certain tasks. All active operations within the system are audited.
• Legal aspects: ELBOS is designed for international use. The Czech version which is offered implicitly meets legal, operational and technical requirements which are specified for example by:
  • The bank law 21/1992 Sb.
  • The law of savings and credit unions 87/1995 Sb.
  • Trade legal code 513/1991 Sb.
  • The law of accounting 563/1991 Sb.
  • The law of the protection of personal data 101/2000 Sb.
  • Statement number 123/2007 sb. about the rules of circumspect entrepreneurship of banks, saving and credit unions and stockbrokers
• International application: ELBOS is developed for international use. In the case of implementation of the system abroad, the part of the implementation (mainly payment transactions) is solved by the change of system parameters or adding of specific modules resulting in a complete instance in accordance to the requirements of a current country. The individual national instances can have common basic solutions when operating in more countries.
• Effective support of internal banking processes: ELBOS is enabling an effective supporting of internal banking processes needed for providing of various services.

Technical structure

ELBOS is realized in the modern three layer architecture:

• Data layer is saved in the Oracle database.
• Application layer of ELBOS is assembled from saved DB procedures and programmed Java routines.
• Presentation layer for C/S applications is made in the PowerBuilder development tool. These are the standard Windows GUI interface and controlling applications. The applications do not contain business logic (it is a thin client) and run thanks to graphic terminal environment. Presentation layer for web applications (mainly Internet banking) is implemented with Java Server Pages (JSP) technology which is commonly admitted standard for multiple layered Java Enterprise Edition (JEE or J2EE) applications.