OK SAVINGS BANK · KOREA · CORE BANKING

OK Savings Bank's next-generation core, on BX-CBP with BX-PF, BX-M and BX-I.

OK Savings Bank began its next-generation core system with Bankware in 2020. The core used BX-CBP, delivered under the historical BX-RBS name, with product-management, application and integration components.

Savings BankSouth KoreaBX-CBPBX-PFBX-I

AT A GLANCE

Next-generation core banking for a Korean savings bank.

Customer-wide figures, such as user or transaction counts, are the customer’s own and not Bankware delivery results.

Started

2020Next-gen

Next-generation core system project started with Bankware.

Core

BX-CBPCore banking

Delivered as BX-RBS, with BX-PF, BX-CBB, BX-M and BX-I.

Status

In use2023

Core system in use as of 2023.

ABOUT THE CUSTOMER

OK Savings Bank a Korean savings bank.

OK Savings Bank is a savings bank in South Korea. This page covers its next-generation core banking system on Bankware products.

General facts about the customer. They are not results of Bankware’s work.

THE CHALLENGE

Replacing the core banking system of a Korean savings bank.

OK Savings Bank started a next-generation programme in 2020 to replace its core banking system.

THE BANKWARE ENGAGEMENT

BX-CBP with BX-PF, BX-M, BX-CBB and BX-I.

What Bankware delivered: the products, scope and role in this engagement.

The core was configured on BX-CBP, delivered under its earlier suite name BX-RBS. BX-PF defines deposit and loan products, BX-CBB provides the common financial components, BX-M is the Java development platform and BX-I handles interfaces with internal and external systems.

BX-CBP

Core banking platform

Core banking configured on BX-CBP, delivered as BX-RBS.

BX-PF

Product Factory

Definition and configuration of deposit and loan products.

Next-gen

Next-generation replacement

Core replacement with BX-M as the development platform, BX-CBB components and BX-I interfaces.

THE RESULT