IBM financial ware

Press, 1 December 1987, Page 55

IBM financial ware

IBM New Zealand has introduced a range of enhancements and new systems for financial institutions. The 4700 finance communication system is enhanced with displays, printers, connectivity, and extensions to its operating system, while a new financial work-station family, based on IBM’s Personal System 11, can operate as a branch automation system using the Token-Ring local area network. IBM New Zealand’s finance industry marketing manager, Mr David Thodey, said the announcement would enable financial institutions to distribute greater intelligence and function throughout the network. The ability to integrate self-service units further with the teller line would enable financial institutions to offer their customers a wide range of services, Mr Thodey said. PS/2 and PC machines can now be used more effectively by banks' through the addition of both Token-Ring architecture as a networking option and a series of products

that customise the PS/2 for banking applications. IBM has introduced a series of banking software products, printers, a magnetic card reader/encoder, and a keyboard and display for the PS/2 that make it easier to use IBM’s advanced intelligent work stations for teller applications.’ For example, Consumer Transaction Deflnition/Runtime is a software package for the PS/2 that automates teller transactions and helps manage tellers’ cash drawers by recording balances and transactions. The package includes a set of sample teller transactions that can be tailored to individual customer needs. Another example is Application Foundation, a package for the PS/2 and PC that enables work stations to share data from different applications and communicate with the host processor. The 4707 is a small, high-resolution monochrome display which attaches to the

PS/2 Model 30, 50, 60 and 80 system units. Either black characters on a white background or white on black can be displayed. It is capable of graphics presentation, including signatures. The 4712 and 4722 printers are capable of attaching to the banking loop interface of the 4701 Controller or the 4702 branch automation processor or to any member of the IBM PC or PS/2 family. They are nine-pinwire matrix printers, capable of printing at up to 200 characters a second. The 4717 magnetic stripe devices attach to any system in the PS/2 range via the pointing device port. They provide the capability to read and/or encode the magnetic stripe on debit/credit cards or passbooks. They can be used to provide customer identification and security functions. The 4718 PIN Key pad also attaches to members of the PS/2 range using the pointing device port. The key pad can be used to provide customer identification and security functions.