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ASSOCIATION OF SERBIAN BANKS (ASB) CREDIT BUREAU (CB). CREDIT BUREAU. Rade Bačković, CB Head Predrag Rajačić, Belit Srećko Atana s ković, E-smart systems. AGENDA. FOUNDATION DEVELOPMENT CHARACTERISTICS OF THE SOLUTIONS EF FECTS OPINIONS TECHNOLOGY ASPECTS IS CHARACTERISTICS.

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credit bureau

ASSOCIATION OF SERBIAN BANKS(ASB)

CREDIT BUREAU (CB)

CREDIT BUREAU

Rade Bačković, CB Head

Predrag Rajačić, Belit

Srećko Atanasković, E-smart systems

agenda
AGENDA
  • FOUNDATION
  • DEVELOPMENT
  • CHARACTERISTICS OF THE SOLUTIONS
  • EFFECTS
  • OPINIONS
  • TECHNOLOGY ASPECTS
  • IS CHARACTERISTICS
foundation
FOUNDATION
  • FOUNDED ON 18.02. 2004 WITHIN ASB PURSUANT TO THE AGREEMENT CONCLUDED BETWEEN ASB AND BANKS
  • BECAME OPERATIONAL ON NOVEMBER15TH2004
  • DATA SOURCES AND USERS OF THE REPORTS ARE:
      • ALL BANKS (43)
      • ALL LEASING COMPANIES (13)
      • ALL GOVERNMENT AGENCIES AND FUNDS (GUARANTEE FUND, DEVELOPMENT FUND, EXPORT FINANCING AGENCY, ETC.)
      • A NUMBER OF TRADERS
foundation1
FOUNDATION
  • CURRENT ACTIVITIES ARE THE INCORPORATING OF:
      • THE TAX ADMINISTRATION
      • LARGE TRADE ORGANIZATIONS

IN THE NEXT PHASE OTHER SOURCES WIL GET CONNECTED: TELCOS, PUBLIC SERVICE ORGANIZATIONS, ELECTRIC POWER SUPPLY COMPANY, AND OTHERS)

  • ADMINISTRATION AND MANAGEMENT BODIES:
      • ASB MANAGING BOARD
      • BUSINESS COUNCIL – OPERATIVE BODY
      • MANAGER FROM THE ASB
development
DEVELOPMENT
  • DATA SOURCES WERE INCORPORATED INTO THE SYSTEM ACCORDING TO THE SIZE OF CITIZENS’ AND LEGAL ENTITIES’ OBLIGATIONS:
      • BANKS
      • LEASING COMPANIES
      • DEVELOPMENT FUND
      • STATE (TAXES)
      • RETAIL
      • OTHER INSTITUTIONS (TELCOS, PUBLIC SERVICE ORGANIZATIONS, AND OTHERS)
  • THE FIRST TO BE SUPPORTED WERE CITIZENS’ OBLIGATIONS, FOLLOWED BY OBLIGATIONS OF LEGAL ENTITIES TO INSTITUTIONS STATED ABOVE
characteristics of the solutions
CHARACTERISTICS OF THE SOLUTIONS
  • COMPLETELY SELF-DEVELOPED SOLUTION (THE FIRST CBWAS FOUNDED IN SERBIA IN 1928 AND LASTED UNTIL 1941, EXPERIENCE OF THE 26 CBs WORLDWIDE WAS EXAMINED)
  • COMPLETE DATA ON CITIZENS’ AND LEGAL ENTITIES’ OBLIGATIONS, BECAUSE CB IS RECEIVING DATA FROM ALL CREDITORS AND ABOUT ALL THEIR CUSTOMERS
  • DATA ARE UPDATED DAILY
  • FOR CITIZENS, DATA ARE MAINTAINED ABOUT THEIR:
      • REAL OBLIGATIONS (LOANS, LEASING, CREDIT CARDS, OVERALL CREDITS UNDER CURRENT ACCOUNTS AND ACTIVATED WARRANTIES)
characteristics of the solutions1
CHARACTERISTICSOF THE SOLUTIONS
      • CONTINGENT LIABILITIES (CITIZENS’ WARRANTIES),
      • AND REGULARITY IN MEETING THE OBLIGATIONS
  • FOR LEGAL ENTITIES DATA ARE MAINTAINED ABOUT THEIR:
      • REAL OBLIGATIONS,LOANS, LEASING, ACTIVATED GUARANTEES,ACREDITIVES)
      • CONTINGENT LIABILITIES (WARRANTIES, GUARANTEES, NON-COVERED ACREDITIVES, AVALS)
  • DATA SOURCES SOLVE THE CLAIMS ON DATA INTEGRITY ON THEIR OWN, AND MAKE CHANGES IN THE DATA, AS THE DATA FALL UNDER THEIR COMPETENCE
  • BANK COUNTERS (1700) ARE THE CB COUNTERS
  • FOR DIFFERENT SERVICES DIFFERENT REPORTS EXIST, AS WELL AS A REPORT WITH A SCORING
characteristics of the solutions2
CHARACTERISTICSOF THE SOLUTIONS
  • REPORT FOR A CITIZEN FROM CB MAY BE OBTAINED ONLY WITH THE PERSONAL SIGNED CONSENTOF THE CITIZEN, AND THE REPORT FOR A LEGAL ENTITY WITH THE CONSENT OF THE AUTHORIZED PERSON
  • THE TIME BETWEEN APPLYING FOR AND RECEIVING THE REPORT TAKES ABOUT 7 SECONDS ON AVERAGE
ef fects
EFFECTS
  • ENFORCING ORDER TO BANK DATABASES
  • SETTLED OBLIGATIONS FROM THE PAST
  • THE TIME OF REQUEST PROCESSING SIGNIFICANTLY REDUCED AND, CONSEQUENTLY, THE REQUEST PROCESSING COSTS
  • BANKS ENABLED TO INTRODUCE NEW PRODUCTS
  • LOWER INTEREST RATES DUE TO LOWER RISK
  • CITIZENS’ OVER-INDEBTEDNESS PREVENTED
opinions
OPINIONS
  • INTERNATIONAL MONETARY FUND – THE CREDIT BUREAU IN SERBIA IS A SUCCESS STORY
  • THE WORLD BANK – A UNIQUE PROJECT IN THE WORLD
  • NATIONAL BANK OF SERBIA – INTRODUCED OBLIGATORY OBTAINING OF REPORTS FOR ALL LOAN AND LEASING USERS
d ata submission
Data Submission
  • Daily submission of data (submission of new data, and changes in the status and values of the existing data)
  • Defined standards for data exchange between Data Source and the Credit Bureau
  • Client applications for data import and transmission
  • Syntax and semantic validation in the data source
  • Digitally signed data
data acceptance
Data Acceptance
  • Data submission into private data source space
  • Data source responsible for accurate and updated data
  • Only Data source is authorized to add, change or remove data
  • Access to data only on the basis of the consent given by client
reporting
Reporting
  • Client application for report issuance
  • A possibility of the B2B option (client application integrated in report user’s information system)
  • Digitally signed approvals
  • Report generation in electronic form
    • approval-based search of private spaces
    • filling the reporting database
    • generation of encrypted pdf report document
    • report submission to the user
technology services products
Technology, services, products
  • MS Windows 2003 Server platform:
  • MS Windows 2003 Server (Standars or Enterprise) OS
  • MS Network services (DNS, DHCP, IPSEC)
  • MS Active Directory (W2k3)
  • MS Message Queue services (Http Support)
  • MS Certificate Services
  • Schlumberger CSP, MS Smart Card services, Cryptoflex 8k v2 smart cards
  • MS IIS 6.0 (ASP.NET)
  • .NET Framework 1.1
  • ADO.NET
  • MS SQL 2005
  • MS Exchange 2003
  • MS ISA Server 2004
  • Development platform VS .NET 2003
server resources
Server resources...

Over 30 servers grouped by functions:

  • Domain controlers,
  • Ifrastructure servers (DNS, DHCP),
  • CA servers
  • Colaboration servers,
  • File and FTP servers,
  • Data servers
  • Application servers
  • Web servers
security aproach

SD3 + Communications

Secure by Design

Secure by Default

Secure in Deployment

Communications

Security aproach...
  • Secure architecture
  • Security aware features
  • Reduce vulnerabilities in the code
  • Reduce attack surface area
  • Unused features off by default
  • Only require minimum privilege
  • Protect, Detect, Defend, Recover, Manage
  • Process: How To’s, Architecture Guides
  • People: Training
  • Clear security commitment
  • Full member of the security community
  • Microsoft Security Response Center
credit bureau facts
Credit Bureau facts ...
  • Web and Windows services oriented system with fully integrated Identity management based on digital certificate on Smart Card
  • 50+ Data sources with daily updates
  • 80 GB Data Base
  • 3,000,000 citizens
  • 380,000 enterprises
  • more than 1700 external clients
  • Availability period 8-20
  • 2-4 seconds response time
  • 8000 reports daily
  • Highly automated (5 business people and 4 support man)
  • Scalabe
  • Ready for interconnection…
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