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The Future of Electronically Delivered Services


Confronting the Technology Dilemma

Banks offering electronic cash management services are finding, with more and more customers demanding multi-product, multi-service, multi-geography, multi-bank, multi-currency, and multi-platform interacting front-end applications, that these programs are increasingly difficult to develop.
As a result, customer installation, support and training are cumbersome and expensive. Moreover, banks have developed proprietary systems over time that are increasingly difficult to adapt to the latest technologies.
Banks that have provided of cash management services now want to move to a common platform and to use premium standardized software that runs more efficiently and is easier to support.
While Banks seek ways to create economies of delivery and to employ capital more efficiently, their customers are demanding new products for new markets, differentiated services, and a diversified base of business.
Thus, banks face a two-fold challenge: (1) to modernize existing platforms that serve multiple business units, multiple functions, and multiple hardware and software platforms; and (2) to build new products based on new platforms. IT managers have had to shift their focus from hardware and software to customers, products, business lines, organization, and flexibility.
The current question for a cash management bank is: how to optimize in-house development, outsourcing, and alliances while protecting brand value and controlling the customer moment of value. When this is accomplished, the bank will meet its customers' needs for low-cost, low-risk security, high-speed, and ease of use.


The Cash Management Expert

Cerg provides cash management software that offers superior technology, thus producing significant business advantages. New and modern architecture enables the bank to offer new payment systems and cash management products, and allows previously unconnected systems to share information and gain processing efficiency. The ultimate benefit is corporate client empowerment and increased productivity thanks to a single interface: an industry standard web browser.


Web-Based Cash Management Delivery Solution

This solution is designed to meet the needs of the banks' large corporate, middle market and small business customers using common delivery platforms. An industry-standard web browser using applets delivers customer functionality for viewing, maintaining and reporting financial information. On the bank side, the delivery platform features the following functions:

  • a cash managemendelivers customer functionality for viewing, maintaining and reporting financial information. On the bank side, the delivery platform features the following functions:
    • a cash management application layer composed of modules that handle:
    • General bank information
    • Payments
    • Statements
    • Investments
    • Reconciliation
    • Treasury forecasts
    • Collection
    • Client administration

The other components of the delivery platform are provided by industry leading vendors:

  • RDBMS;
  • Transaction processing engine;
  • Scheduling engine;
  • External systems interface components.


Flexibility, Performance, and Security

Cerg Finance solution provides:

  • functionally rich cash management applications that banks can offer through each module. New functions are easy to add and graphical user interfaces are customized to the "look and feel" requirements of the bank thanks to a standard set of APIs;
  • sophisticated payment security measures and transaction initiation based on proven technology;
  • data integrity, audit trails, automated processing, scheduling and system defaults that eliminate potential errors and optimize system availability;
  • a distributed architecture, developed around industry standard tools (Java, C++, HTML, Visual Basic, SSL), that runs on Windows NT and Unix operating systems using the latest network computing infrastructure.



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Copyright 1997-1999 Cerg Finance America Inc.
Created by: TeleGraphic Designs
Created on: 07-20-97 Revised on: 01-20-99
For questions or comments: daniel@telegraphic.com tel: (510) 548-5416