SAVANT is a Philippine Financial Reporting Standards (PFRS)-compliant world-class, advanced CORE Banking Solution. It provides online transaction processing and real-time banking functions ranging from: customer accounts creation and account updates, tellering, deposit and withdrawal transactions with automatic accounting entries, to reports generation for rapid fulfillment of PFRS, BSP, PDIC, BIR and MIS requirements.
SAVANT enables rural banks to enjoy both wired and wireless connections through various data communications protocol, such as GPRS, Leased Lines, Frame Relay and Dial Up. Consequently, rural banks – no matter how remote – are empowered by world class services for their clients; while cardholders have access to their accounts no matter where they go.
A key advantage of the SAVANT software us that it is ready for installation. Thus, rural banks need not wait long to enjoy the competitive benefits SAVANT brings. Currently, five major, highly respected rural banks, namely 1st Valley Bank, GM Bank, Bangko Kabayan, Bank of Florida and Real Bank, are installed with the SAVANT software.
Using the robust PROGRESS 4th Generation Language (4GL) and Relational Data Base Management System (RDBMS), SAVANT can run on multiple platforms such as Windows (2000/2003), LINUX (Red Hat/Centos), or UNIX (IBM, SUN).