APAK launches new retail core banking system, Aurius

Source: APAK

Financial systems specialists, APAK, is delighted to announce the launch of its new core, retail banking system, Aurius.

Developed with Microsoft .NET for rapid deployment, Aurius is highly scaleable and configurable to suit a multitude of operational requirements. Aurius supports high volume Online Transaction Processing (OLTP) and provides embedded workflow management in addition to an online, real time general ledger.

With over twenty five years experience of providing specialist financial systems, APAK has developed Aurius using its extensive knowledge and long-term experience of working within the banking technology sector. In-house specialists have created a system that provides a complete back and front office solution which is fully UK compliant.

APAK has already made its first Aurius sale to a UK based bank, which will be announced shortly. The system is scheduled to go live by the end of quarter two.

"We believe that Aurius offers an excellent opportunity for institutions looking to replace their core system technology," commented APAK's CEO, Tony Bracey. "With .NET, APAK is able to guarantee swift system delivery via an intranet, as well as low cost of ownership."

Microsoft's Industry Partner Account Manager for Retail Banking, Ian Wilkinson, is also pleased to see APAK launch its new banking system: "By developing Aurius on .NET, APAK is able to offer a powerful retail banking system which is robust, secure and reliable whilst minimising the costs of deployment and management."

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