Manage the Accounts and
Transactions in Real Time

The Account Management (Savings and Deposits) is a centralized hub for managing all aspects of savings accounts and deposits. This is essential for banks and financial institutions as it enables them to manage and grow their deposit-taking business effectively.
As part of the Aspekt Product Suite, the Savings and Deposits is a comprehensive solution designed to optimize and streamline the complete account management (Current Accounts/Savings/ Term Deposits). It offers a range of features specialized to meet the diverse needs of banks, credit unions, and other financial institutions. From account opening and transaction processing to interest calculations and account maintenance, this platform provides end-to-end support for the entire savings and deposit lifecycle. It supports the management of accounts in local and foreign currencies as well as the transfer of funds from one account to another. The Aspekt Product Suite enables processing transfers among accounts with automated verification and validation mechanisms on data entry based on specific business needs and checking the correctness of specific data. The integrated Commission platform enables a flexible definition of commission for different types of transfers as well as defining VIP commission for particular clients and accounts.
The dynamic process allows independent management of product policy for all accounts types and definition of the required parameters such as interest rates, interest calculations methods, interest maturity type, transactions postings, status flow management, and product activation/deactivation periods specification which enables fast release of new products on the market and competitive advantages.

With integration to local payment system operators for clearing and settlement, Aspekt Product Suite enables processing domestic/local payment transfers as well as automatically processing received payment messages (incoming transfers) and transferring payments towards beneficiaries in other Banks (outgoing transfers – outgoing messages).