Banca dello Stato del Cantone Ticino deploys ERI's Olympic

Banca dello Stato del Cantone Ticino deploys ERI's Olympic

Swiss bank Banca dello Stato del Cantone Ticino (BSCT) has completed the first phase of its implementation of ERI's Olympic Banking System.

Olympic will provide BSCT with a single multi-currency platform to process all banking transactions. The system also integrates external transactions from Bancomats, Postomats and Tancomats, EuroSic and Swift, among others.

BSCT has also launched a new version of its e-banking service SelfNet, using the Oly-Web module from the Olympic package.

As part of the implementation, ERI has developed real time interfaces between Olpympic and Reuters' Kondor+ product, which the bank is using for its treasury transactions, and Apia's ABS system which is used to process branch-based cash transactions. The interfaces were developed using the Tibco application bus.

The bank also plans to deploy Olympic's Oly-Pam module for automated analysis and management of portfolios in the second phase of the implementation.

ERI says its Olympic Banking System currently claims 20% local market share in Switzerland.

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