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February 6, 2006

Eurobank ensures regulatory compliance with IBIS S2

Seeking to improve business operations in preparation for Basel II compliance, Banque Commerciale pour l'Europe du Nord Eurobank has implemented a solution by that is claimed to provide full front to back office international banking functionality.

By CBR Staff Writer

Supplied by Financial Objects, a banking and financial services solutions provider, the IBIS S2 solution is said to deliver full front to back office international banking functionality on a three tier platform, combined with in-depth business functionality and Microsoft technology.

IT managers at BCEN-Eurobank, said, By implementing IBIS S2 as the main banking platform, we have improved our overall business controls in terms of greater automation and risk management, and the ability to prepare ourselves for compliance to Basel II. As a result, we now provide better customer service to our clients.

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