ERI

OLYMPIC Banking System

4 / 5 4 reviews

Who Uses This Software?

Retail Banking, Private Banking, Wealth Management, Funds & Trusts, Central Banks


Average Ratings

4 Reviews
  • 4 / 5
    Overall
  • 4 / 5
    Ease of Use
  • 4 / 5
    Customer Service

Product Details

  • Starting Price
    Not provided by vendor
  • Deployment
    Cloud, SaaS, Web
    Installed - Windows
  • Training
    Documentation
    Webinars
    Live Online
    In Person
  • Support
    Online
    Business Hours
    24/7 (Live Rep)

Vendor Details

  • ERI
  • www.olympicbankingsystem.com
  • Founded 1989
  • Switzerland

About OLYMPIC Banking System

An interactive banking information system that incorporates front and back office, monitoring tools, and a communication system.


OLYMPIC Banking System Features

  • ATM Management
  • Brokerage
  • Compliance Management
  • Core Banking
  • Credit Card Management
  • Credit Union
  • Investment Banking
  • Lending Management
  • Multi-Branch
  • Offshore Management
  • Online Banking
  • Private Banking
  • Retail Banking
  • Risk Management
  • Securities Management
  • Teller Operations
  • Transaction Monitoring

OLYMPIC Banking System Reviews Recently Reviewed!


Support team is very knowledgeable on the product.

Jul 25, 2018
4/5
Overall
3 / 5
Ease of Use
3 / 5
Features & Functionality
4 / 5
Customer Support
3 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: Software is highly customisable to the business needs.

Fixes are easy to implement.

Support service is good.

Cons: Sometimes we encounter performance issues when processing huge volume of transactions.

Error messages are sometimes not user friendly.

Vendor Response

by ERI on August 08, 2018

Dear User, Thank you for your feedback especially on our support service team. We are proud of this recognition and we do our outmost to maintain a high level of competency and support to our clients. System performance issues are more related to the infrastructure configuration on which the system is deployed. To ensure OLYMPIC is taking advantage of the state of the art developments and of new advances in technologies, ERI regularly realizes benchmark tests to monitor the system¿s performance. Error messages tend to be more self-explanatory in the browser-based User Interface. The OLYMPIC presentation logic is using technologies such as HTML, Javascript, CSS and Ajax. Its main role is to provide a rich user interface, designed to improve user productivity, due to many features such as internationalisation, user preferences, customization, drill-down capabilities, filtering, sorting grouping and pivoting on lists, but also keyboard-only interaction.

Great corporate action ad trade settlement automation system

Jul 25, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
4 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: Olympic system did provide high STP rates in trade execution, trade settlement and corporate action.

Cons: Command keys were translated from French languange which not easy for users in Asia to remember. This is the only I like least.

Vendor Response

by ERI on August 08, 2018

Dear Chee Heng, Thank you for your very positive output on our OLYMPIC Banking System and its specific corporate action and trade settlement functions. This is much appreciated. Regarding the ¿cons¿, we recognize that in some cases the old OLYMPIC User interface was not as user friendly. The browser-based User Interface version of OLYMPIC available since 2008 is more self-explanatory and easier to use. The OLYMPIC presentation logic is built on the MVC (Model-View-Controller) paradigm, using technologies such as HTML, Javascript, CSS and Ajax. Its main role is to provide a rich user interface, designed to improve user productivity, due to many features such as internationalisation, user preferences, customization, drill-down capabilities, filtering, sorting grouping and pivoting on lists, but also keyboard-only interaction.

I am working as PM for a private bank which runs Olympic banking package for about 10 years.

Jul 26, 2018
4/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
4 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 6.0/10 Not
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Pros: The integration of all the modules. You don't have to build interfaces and you can find all functions needed by a private banking : SMF, CMF. Settlement, CA, PMS, Regulatory,...

Cons: Difficult to adapt it easely and you need a lot of testing to make sure that there is no regression especially when you must use a field that was originally created for something different.

Vendor Response

by ERI on August 08, 2018

Dear User, Thank you for your feedback which is very valuable. One of the main strengths of our system is indeed to offer a fully integrated solution. Regarding the ¿cons¿, for each new functionality developed the principle of acceptance is applied by ERI on a unitary basis. Progressively, all the areas impacted are tested by us until the functionality required as a whole is operational. The aim of this activity is to produce a series of tests making it possible to check the integration and the consistency of the parameterisation of the OLYMPIC Banking System. 3rd party testing tools (Microfocus Test Partner) are then used for more application-wide non-regression test cycles. Because of the high level of parametrization possible within OLYMPIC each client configuration is different and for that reason each client needs to run specific regression tests. In order to minimize such efforts a few of our clients implemented have 3rd party testing tool and use them on a regular basis.

Stable software application !

Jul 26, 2018
4/5
Overall
3 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: The stability and reliability is commendable. Moreover the access one can get to the support and the makers of this software is tremendous.

Cons: Would be great to have a new world GUI interface. The upgrades and costs involved in doing it could be brought down.

Overall: Rock solid stability, good support !

Vendor Response

by ERI on August 08, 2018

Dear User, Thank you for your very positive comments on our solution and on our support team which is dedicated to our clients. The browser-based version of OLYMPIC is very user friendly. The presentation logic is using technologies providing a rich User Interface, designed to improve user productivity, due to many features such as internationalisation, user preferences, customization, drill-down capabilities, filtering, sorting grouping and pivoting on lists, but also keyboard-only interaction. The presentation logic accesses the integration logic via its service access interface, which is an API used by the functions to invoke business services implemented in the integration logic. Both layers are SOA based and Java compliant allowing the system to inter-operate with existing software and external networks. A single common user interface allows users to move seamlessly between all functional areas, with no requirement to sign in and out of application silos.