Corebank

Corebank's architecture is a multi-tiered system designed for scalability and reliability. The core components include the Transaction Processing Engine, Account Management System, and Reporting Module. The Transaction Processing Engine is responsible for processing all financial transactions, including deposits, withdrawals, and transfers.

It interacts with the database to update account balances and transaction history. The Account Management System manages customer accounts, including account creation, modification, and closure. It also handles customer information and account-related data.

The Reporting Module generates various reports on banking activities, such as transaction summaries, account statements, and regulatory reports. These components communicate using internal messaging and database interactions. The database engine is DB2, which stores all the data.

The application runs on platforms like z/OS, system i / AS/400, Microsoft Windows, and UNIX. The administrative interface, which may be a web console or CLI, allows administrators to manage users, configure settings, and monitor system performance. User management involves creating, modifying, and deleting user accounts, as well as assigning roles and permissions.

Configuration parameters include database connection settings, security policies, and system behavior. The system supports authentication methods, and employs an access control model, likely RBAC (Role-Based Access Control). For integration, Corebank exposes APIs, though the specific types and methods vary.

Monitoring capabilities track system performance, resource usage, and transaction processing. Compared to competing products, Corebank provides a comprehensive suite of features for core banking functions.