Core Banking system is a name for a computer system, which illustrates the Kernprozesse of a bank (core Banking) within the information technology.
This is a software, which usually computer particularly high speedable on one - formerly - is installed for a group by computers or and which actual administration and processing of the data accomplish. As platform for core Banking of systems those frequently still much COBOL or assembler code contain are usually still used Mainframesysteme with Legacy operating systems as z/OS or BS2000.
Core Banking of systems are needed, in order to complete on electronic way the typical Kernprozesse such as a saving, loan or current account administration. The function mode resembles thereby those other dataprocessed software, it data of customer, partners, etc. after certain, before defined rules is in principle processed, whereby a complete business process (for example a credit permission of seizing the first customer data over the Kreditscoring up to the generation of contract and providing statistics) is processed here.
Examples of core Banking of systems are software solutions such as Temenos Globus/T24, Kordoba, Avaloq, Finnova or since short SAP DEPOSIT management.
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