Firm offers banking automation system (Locally developed software an alternative to expensive imports).

A start-up information technology company offers an integrated suite of banking software that promises to address some of the greatest challenges encountered by the financial services industry in recent years. Developed while the banking system was in the pangs of the Asian financial crisis and a worldwide Y2K scare, the locally designed software addresses these challenges and more.

In a field dominated by expensive imports, the integrated banking system called Account Manager provides a cheaper and better alternative to existing bank automation systems, local developer FIX Systems said.

Account Manager responds to several concerns underscored by the recent crises, namely, effective monitoring of loans, compliance with regulatory requirements for loan-loss provisions, system …