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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


    Is architecture

    IS Architecture


    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


    Phisical resource allocation

    Phisical resource allocation


    Communications and connecrions

    Communications and connecrions


    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


    Security perimeters

    Security Perimeters


    B2b architecture resources

    B2B Architecture - resources


    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…


    Contacts

    Contacts

    • [email protected]

    • [email protected]


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