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COR Financial Solutions Ltd. (formerly COR Intelligent Banking Solutions)

COR Financial Solutions (COR-FS) is a provider of software-based banking solutions that address specific business problems faced by asset managers, wealth managers, and wholesale banks. At COR-FS, innovation is both a culture and a strength, and its teams pride themselves on their technical and project know-how. The company's values are clear: consistent professionalism, absolute reliability, and product excellence. Through strategic acquisition, COR-FS has brought together a portfolio of valuable assets that are supported and sustained by a stable organization and an experienced management team.

COR-FS leverages the high availability, security, and flexibility of HP operating systems to deliver solutions that can complete mission-critical financial operations. Together, COR-FS and HP help banks increase workflow efficiency from front to back office and enhance productivity levels.

» Abraxsys—an integrated wholesale banking solution

» Supporting documents
» Company contact


AlphaServer system ready

Abraxsys from COR Financial Solutions is a fully integrated, end-to-end, wholesale banking solution that manages all international and commercial banking functions. IAS39 and FAS133 compliant, Abraxsys integrates risk management, accounting, trade finance, money market, loan, deposit, commercial lending, and payment processes into a single system that leverages powerful straight-through processing (STP) capabilities. Abraxsys simplifies a range of operations, including back-office workflow automation, personalized Internet banking for customers, and management of complex multibranch operations. Comprehensive compliance monitoring is provided across all modules, covering three main areas:

  • "Know Your Customer" information
  • Account transaction trend monitoring
  • Real-time automated checking against the OFAC Blacklist at deal verification level

Abraxsys performs optimally on HP AlphaServer systems running OpenVMS, taking advantage of the HP platform's load-balancing features and inherent security to provide bulletproof clearing, settlement, and online banking services. OpenVMS and Abraxsys enhance operational efficiency across the enterprise, minimize overhead costs, ensure global and local market compliance, and increase customer satisfaction.

» More about Abraxsys

Supporting documents

» HP Developer and Solution Partner Program (DSPP) Web site

Company contact

COR Financial Solutions Ltd.
No 1 Liverpool Street
London EC2M7QD
United Kingdom
Tel: +44-20-7956-2042
Fax: +44-20-7956-2259
» COR Financial Solutions Web site

Leon Price
Chief Technology Officer
Tel: +44-0-207-956-2730
E-mail: leon.price@COR-FS.com