Electronic Mortgage Solution  

Electronic Mortgage System allows banks, mortgage fund, appraisers and insurance companies work in one centralized system. The system automates document flow, creates the general communication between all participants of the market of mortgage loan, and also with Mortgage Fund at the Central Bank (insurance companies, the authorized credit organizations, the estimated companies). It allows to simplify business processes by use of an online service of Google-Maps.  EMS is integrated with accounting system using web services and consists of the web portal and Online Module.

The web-portal makes possible for customers to get basic information regarding mortgage as well as allows mortgage fund to get information required to provide mortgages. The web-portal automates process of the appeal of clients for receiving a mortgage loan. The functionality allows development of a private room for registration, application of data and sending appeals to banks by the consumer. Also the portal is used for check and information processing by insurance companies, banks and mortgage fund. 

Online Module simplifies the process of getting mortgage through removing the part where customer has to go to bank for underwriting.

More information at https://e-ipoteka.az

Functions

CMS participates and manages the full spectrum of cash management procedures and offers the following functions.

Deposit

Pay-out

Deposit/pay-out order and scheduling management via CMS_Web

Counting/blind counting

Packing and sealing

Material handling and storage

Processing

Picking/shipping

Custody tracking

Physical Traceability

CMS enables the organizations to create warehouse and warehouse locations for the different work and storage zones in cash center. Container will always be associated to such a location, and every container movement will be generated and tracked by the system. CMS will always know exactly on which location or on which transport system (e.g. AGV n° 4) the container is located.

The traceable unit is identified in CMS as a UWIP or Unit of Work in Process. Depending on the implementation the UWIP can be a bundle, a strap, a tray, a sack, ...

Bank Security

CMS will enable you to enforce the security procedures in every step of the cash management process. The system supports assignment of operators and supervisors to teams, and enforces registration of ID’s and passwords for custodial transfers.

The complete physical flow will be tracked with different statuses for each UWIP in a container. Each status will symbolize the processing stage of the UWIP. A UWIP can be on a storage location, in transport, in process, suspect, blocked, waiting to be proofed etc. Each transition will only be possible via the CMS system, taking into account the needed user privileges.

This audit and trail capability will lead the way towards a paperless approach. Only this way, a cash center will get the full benefit of automated material handling and storage.

Detailed Scheduling

Scheduling system allows you to turn your customer requests, such as deposits and cash orders, into individual processing and picking orders. The system will use the available capacity to make a feasible plan, respecting shift patterns, maximum lead times and due dates.

Scheduling also prepares a team plan, including availability of resources. The schedule will automatically generate the line-feeding orders from the automated vault to the different processing and paying rooms.

Consolidation and clearance

In order to process the receipts and payments, the CMS system will be integrated with the consolidation and clearance systems that control the daily relation between the central banks and the commercial banks.

GTSolutions company is Oracle gold partner and well-known Oracle solutions implementer. Our area of expertise are based on several successful projects such as Oracle E-Business Suite HR and Payroll implementation, Oracle DataWarehouse development and Business Intelligence reports creation, Oracle iSupport integration and etc.

Oracle E-Business Suite is the most comprehensive suite of integrated, global business applications that enable organizations to make better decisions, reduce costs, and increase performance. With hundreds of cross-industry capabilities spanning enterprise resource planning, customer relationship management, and supply chain planning, Oracle E-Business Suite applications help customers manage the complexities of global business environments no matter if the organization is small, medium, or large in size. As part of Oracle’s Applications Unlimited strategy, Oracle E-Business Suite applications will continue to be enhanced, thus protecting and extending the value of your software investment.

Oracle Business Intelligence (BI) is a portfolio of technology and applications that provides the industry's first integrated, end-to-end Enterprise Performance Management System, including BI foundation and tools - integrated array of query, reporting, analysis, alerting, mobile analytics, data integration and management, and desktop integration - as well as category-leading financial performance management applications, operational BI applications, and data warehousing. Oracle Business Intelligence Enterprise Edition is an unmatched and comprehensive business intelligence and analytics platform that delivers a full range of capabilities—including interactive dashboards, ad hoc queries, mobile analytics, notifications and alerts, enterprise and financial reporting, scorecard and strategy management, business process invocation, unstructured search and collaboration, integrated systems management and more. OBIEE is built on a proven and modern technological foundation that supports the highest workloads and most complex deployments, while providing timely insights to users across an enterprise at a low overall total cost of ownership.

Oracle iSupport enables you to provide a secure, self-service web portal that delivers self-service functionality to customers and employees 24/7. Its sophisticated knowledge management system provides the information needed to solve problems, manage product configurations, and track orders, payments, shipments, returns, and contracts. The result: you improve customer satisfaction while driving down service costs.

One of the main success criteria for an organization is to have systematic approach to information security. Systematic approach to information security will enable the organization and its risk management teams anticipate threats to your organization’s information assets, identify vulnerabilities and develop proactive/preventative controls to mitigate them. Implementation of ISO 27001:2013 as the most universally accepted standard for Information Security will guarantee your information security related targets.

With a team of experienced and certified information security professionals GTS has an in depth understanding of the standard and our implementation strategy is based on a phased approach:

Stage 1: Gap Analysis — GTS security professionals will perform gap analysis of your current system against the requirements of ISO 27001, including a physical security review. The results of the analysis will be documented into a report defining the level of compliance and will be used to consolidate the risk treatment plan for the implementation of the Control Implementation Strategy.

Stage 2: Risk Assessment — The phase consists of creating an asset register containing all the information assets of the organization is built. This involves meetings and discussions with the key stakeholders of your organization. Company-wide risk assessment is then conducted on the critical information assets and appropriate controls to mitigate the identified risks are selected.

Stage 3: Risk Treatment — GTS will formulate a strategy for the implementation of the controls selected in the previous phase. Also during this phase all the documentation related to the implementation of ISMS will be developed. This will include the formulation of mandatory and supporting procedures supporting the policies. The policies and procedures address the risks identified during the risk assessment phase.

Stage 4: Control Implementation — GTS team will assist the internal teams and stakeholders with the implementation of the identified controls During this phase GTS consultants will advise and guide the implementation team.

Stage 5: ISMS Readiness Review — GTS team will review your readiness to achieve ISO 27001 certification and prepare your audit team to conduct internal audits. The audit results will be evaluated and gaps, if found will be closed by your implementation team with guidance from GTS consultants.

Stage 6: Certification audit — During this phase implemented ISMS including controls will be audited by certification body’s team of auditors. GTS consultants will work with your internal team to mitigate any non-conformities or observations noted by the external auditors

What is e-learning

The term "e-learning" has only been in existence since 1999, when the word was first utilized at a CBT systems seminar. Other words also began to spring up in search of an accurate description such as “online learning” and “virtual learning”. However, the principles behind e-learning have been well documented throughout history, and there is even evidence which suggests that early forms of e-learning existed as far back as the 19thcentury.

With the introduction of the computer and internet in the late 20th century, e-learning tools and delivery methods expanded. The first MAC in the 1980′s enabled individuals to have computers in their homes, making it easier for them to learn about particular subjects and develop certain skill sets. Then, in the following decade, virtual learning environments began to truly thrive, with people gaining access to a wealth of online information and e-learning opportunities.

In the 2000′s, businesses began using e-learning to train their employees. New and experienced workers alike now had the opportunity to improve upon their industry knowledge base and expand their skill sets. At home individuals were granted access to programs that offered them the ability to earn online degrees and enrich their lives through expanded knowledge.

Learning Management System

LMS stands for Learning Management System and it's a global term for a computer system specifically developed for managing online courses, distributing course materials and allowing collaboration between students and teachers. A LMS will allow you to manage every aspect of a course, from the registration of students to the storing of test results, as well as allowing you to accept assignments digitally and keep in touch with your students.

Your LMS may integrate with whiteboard systems for virtual classroom sessions and help you to schedule sessions too. It may offer you the ability to send out invites or reminders for classroom sessions and integrate with an online calendar system or with Outlook.

Testing

Tests are an important part of many online courses and most LMSs will have plenty of functionality related to this. You'll want a robust test environment with various types of tests available to you and some built-in templates to use as a starting point. It's likely that you'll have the ability to randomize test questions and set a time limit for tests. With the test environment being within your LMS, you should also be able to rely on the security of your system. Test results will be stored and available to you within the reporting area of your LMS.

GTS LMS & TEST

GTS LMS & TEST is a learning platform designed to provide educators, administrators and learners with a single robust, secure and integrated system to create personalized learning environments. While GTS LMS is built on the Moodle platform which is financially supported by a network of over 60 Moodle Partner service companies worldwide, our test solution is completely in-house development. Powering tens of thousands of learning environments globally, Moodle is trusted by institutions and organizations large and small, including Shell, London School of Economics, State University of New York, Microsoft and the Open University. Moodle’s worldwide numbers of more than 79 million users across both academic and enterprise level usage makes it the world’s most widely used learning platform.

Anti-money laundering (AML) is a term mainly used in the financial and legal industries to describe the legal controls that require financial institutions and other regulated entities to prevent, detect, and report money laundering activities. Anti-money laundering guidelines came into prominence globally as a result of the formation of the Financial Action Task Force (FATF) and the promulgation of an international framework of anti-money laundering standards. These standards began to have more relevance in 2000 and 2001, after FATF began a process to publicly identify countries that were deficient in their anti-money laundering laws and international cooperation, a process colloquially known as "name and shame".

As a financial institution or other regulated entity Anti-money laundering software will enable your organization to comply with the legal requirements to prevent and report money laundering activities. AML-AZ developed by GTS based on the best practices and regulatory requirements will provide enterprise platform enabling efficient detection, investigation, and reporting of suspected money laundering and suspicious financing activity.

With built-in case management, risk scoring and resolution generation modules AML-AZ will provide regulators with a comprehensive view of financial activity, reduce compliance costs through streamlined investigations and save time, lower staff costs, and efficiently manage risk. AML-AZ incorporates the following functions:

Data management

Suspicious activity monitoring and reporting

Investigation and alert management

Customer due diligence/KYC risk scoring and classification

Watch-list matching

Integrated case management

National switching center for electronic card payments is comprehensive solution to build a central router and clearing-settlement center for interbank settlement and a modernized card transaction processing. The platform will enable central banks to offer new interaction services, and ensure data processing for participants of the payment system. Implementing this solution will ensure central banks a possibility to offer interactive services among the participants of the payment system on a new level - by implementing new schemes of interbank settlement as well as by improving the efficiency of data processing and risk management.

In the scope of this solution could be delivered switching, card interbank clearing and settlement modules ensuring message routing, transaction clearing and settlement among payment system participants - banks and processing centers. The solution also includes fraud management module, which performs the functions of fraud prevention and detection and ensures risk monitoring and prevention of fraudulent activities with payment cards.

Card switching is about reliability, performance, round-the clock availability and risk reduction. But this has to be carried out in a highly regulated environment and with a variety of payment channels. The switching and clearing solution processes electronic funds transfers using the latest object-oriented techniques. It has been designed to enhance your business by enabling you to offer a broad range of payment services including micropayments, card, traditional and SWIFT. This single solution enables financial institutions to accept transactions and authorizations from multiple delivery channels, intelligently switching them to a number of external networks. It also handles connections to different delivery channels, destination interfaces and issuer authorization.

GTS software for cash expertize allow central banks to define the key requirements for a new family of banknotes, it is necessary to take into account the needs of all the stakeholders in the cash cycle.  Our solution will liaise with the Central Bank, relevant government agencies, law enforcement officers and representatives from the commercial banking and retail sectors, as well as members of the public. We undertake:

A review of the existing counterfeiting threat including an assessment of:
    Current levels and methods of counterfeiting including fraudulent alteration (denomination upgrading)
    National and international trends in counterfeiting
    The susceptibility of each denomination to counterfeiting
    A technical evaluation of counterfeits seized or withdrawn from circulation
    Effectiveness of existing security features and methods of detection
    Likely sources/provenance of counterfeits
    Machine readable requirement for high speed authenticating and processing of notes in circulation

Public education programmes and their effectiveness, identifying banknote features which are particularly ‘noticed’ by the public
The role of national law (deterrence effect)

A review of the durability of banknotes in circulation with particular emphasis on:
    How long banknote denominations remain in circulation before being withdrawn
    Current fitness standards established by the Central Bank
    Reasons for withdrawal of banknotes from circulation
    Soiling levels/ general wear and tear per denomination
    Difficulties experienced from poor quality banknotes e.g. increased counterfeiting, and cash handling inefficiencies

An increasingly common requirement for Central Banks and their suppliers is the provision of print and substrate laboratory testing and analysis, primarily to insure compliance with industry standards.

Our software deploys out a combination of technical analysis and laboratory testing on all substrates, print processes and security features to ensure compliance with agreed specifications, standards and inter-operability between processes.

In recent years, financial literacy has gained the attention of a wide range of major banking companies, government agencies, grass-roots consumer and community interest groups, and other organizations. Interested groups, including policymakers, are concerned that consumers lack a working knowledge of financial concepts and do not have the tools they need to make decisions most advantageous to their economic well-being. Such financial literacy deficiencies can affect an individual's or family's day-to-day money management and ability to save for long-term goals such as buying a home, seeking higher education, or financing retirement. Ineffective money management can also result in behaviors that make consumers vulnerable to severe financial crises. From a broader perspective, market operations and competitive forces are compromised when consumers do not have the skills to manage their finances effectively. Informed participants help create a more competitive, more efficient market. As knowledgeable consumers demand products that meet their short- and long-term financial needs, providers compete to create products having the characteristics that best respond to those demands. As concern about financial literacy has increased, so too have the number and variety of financial literacy training programs and program providers— some offering comprehensive information on savings, credit, and similar topics for a broad audience and others tailored to a specific group, such as youth or military personnel, or focused on a specific goal, such as home ownership or savings.

Over the past decade, technological advances have transformed nearly every aspect of the marketing, delivery, and processing of financial products and services. The expansion of the Internet as a means of communicating and delivering services has also enabled financial services providers to market financial products and serve customers more efficiently. Communication and delivery innovations increase the amount of information available to consumers and allow them to shop for and choose from a wide array of products and services without geographic limitation. To benefit from the innovations, however, consumers need a base level of financial knowledge, so that they can identify and access pertinent information as well as evaluate the credibility of the source of the information.

GTS financial literacy portal www.bizimpullar.az developed to enhance financial education across the country via education and training materials, animations and lectures, games and dictionaries. In addition, there is a special section for young pre-school and elementary school students.