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Product Overview

Celeriti's architecture was based on a Service-Oriented Architecture (SOA), with key components including the Core Banking Engine, Payment Processing Module, and Customer Relationship Management (CRM) system. The Core Banking Engine was responsible for core banking functions, while the Payment Processing Module handled card and electronic payments. The CRM system managed customer data and interactions.

Communication between these components was facilitated through defined interfaces and protocols, ensuring interoperability and scalability. Administrative interfaces likely included a command-line interface (CLI) and potentially a web console or GUI. User management was handled through these interfaces, allowing administrators to manage user accounts, permissions, and system configurations.

Security features likely included authentication methods such as username/password and potentially multi-factor authentication. Access control was likely managed using role-based access control (RBAC), ensuring that users had access only to the resources and functions necessary for their roles. Encryption was likely used to protect sensitive data, both in transit and at rest.

Audit and logging capabilities were probably available to track system activities and security events. Due to the end of support, organizations should migrate to a supported core banking solution. This migration involves data transfer, system reconfiguration, and staff training.

Consider alternatives like Temenos T24 or FIS Core Banking. The migration process requires careful planning and execution to minimize disruption.

Frequently Asked Questions

What is Celeriti?

Celeriti is a core banking application designed for financial institutions. It provides functionality for various banking operations, including card and electronic payments. The application was initially announced by CSC and later evolved through a joint venture.

What is the architectural design of Celeriti?

Celeriti's architecture is based on a Service-Oriented Architecture (SOA). Key components include the Core Banking Engine, Payment Processing Module, and Customer Relationship Management (CRM) system. These components communicate using standard protocols.

How does Celeriti integrate with other systems?

Celeriti supports various integration methods, including APIs. While specific API endpoint patterns and method names are not available, the system is designed to integrate with other financial systems. Integration is facilitated through supported programming languages and SDKs.

What are the primary functions of Celeriti?

Celeriti was designed to handle a range of banking operations, including transaction processing, account management, and payment processing. It supports various financial transactions and customer interactions.

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