CBA Promises World's Highest Payment STP Quality Rates to UK Market
CBA, the Oslo based International banking automation software developer, is entering the UK payments market with a newly developed Global Payment Solution that can process banks international payments with a STP Quality Level of more that 80%. During development of its latest IBAS system, CBA took a two-year sabbatical from the International sales arena to allow the Company to concentrate its research & development resources on devising the Java-based and object-oriented platform. IBAS comprises a modular suite of products, encompassing functions such as Trade Finance, Accounting Systems, Loan Management, Clean Payment and Forex & Money Market. The software’s functionality is based on a single core system, which uses a series of integrated tables, rules and objects, presented within a common graphical user interface.