Latest generation of Asseco SEE's Core Banking system in Privredna Banka Beograd

- The representatives of Belgrade-based company Asseco SEE and Privredna Banka Beograd have signed the Contract on procurement and installation of the latest generation of banking system Experience, formerly known under the working title Revolution - Asseco SEE announced.

- Experience is the latest generation of the banking product line and it represents a long-term strategic unification of the existing product lines within Asseco SEE's banking software division whose Experience introduces the increased capacity for product innovation and more efficient client support - it is stated in the announcement.

In addition to exceptional flexibility, Experience also brings series of other specific features such as top service-oriented architecture - it enables agile support to new business initiatives and changes in business practice by means of the series of service-oriented modules that exhibit interfaces based on standards. The architecture enables balance of the isolation of changes with high level of parameterization and configuration.

That software is built on the proved IBM models that define 80% of data, processes and software components that are necessary for universal finance institution that operates in a modern environment.

Experience is implemented on the wave of new Microsoft technologies, so that sustainability of the solution in the following years is guaranteed.

- One of the basic reasons for migration to new banking information system is the process of transformation from a traditional bank into a future-oriented organization whose aim is greater competitiveness completely dedicated to the client. Such process is possible only with the maximum use of the latest generation of information technologies that enable greater efficiency, high level of automation and cost reduction - said Čedo Petrović, the President of the Executive Board of Privredna Banka Beograd.