BALTIC AMADEUS SUCCESSFULLY UPDATED THE CREDIT MODULE OF THE CORE BANKING SYSTEM

Baltic Amadeus successfully updated the credit module of CORE banking system of one of the biggest Latvia‘s banks. The team of our IT experts have been working on modernizing and installing updates for eight months. Credit products such as credit line and overdraft were renewed basically.

Because of renewed banking system‘s credit module, credit services will be provided easier and faster business clients. Solution which ensures the support to credit life cycle will allow to increase productivity, effectiveness, to minimize operational risks and administrative costs.

The model that has been created will ensure smooth administration of counted interests, return contributions, delinquency, recovered debts, will send information about credits to central bank, ensures easy bank accounts administration, risk evaluation, etc.

The result of years of partnership and the expertise in financial sector – fully understood business needs and professionally, safely and on time accomplished renewal of extremely difficult CORE banking system.