ABACuS - Garanti
ABACuS - Garanti
ABACuS - Garanti
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
service, the “Company Cash Tracking<br />
Project” was launched, whereby systemic<br />
integration was ensured with the Bank<br />
and its corporate customers. A first in the<br />
sector, the project allowed delivery of safer<br />
cash service to customers, which in return<br />
enhanced customer loyalty and contributed<br />
to the Bank’s competitive strength.<br />
• The launched of the Mortgage Module<br />
increased the operational efficiency through<br />
shortening the time involved in mortgage<br />
transactions and reducing errors.<br />
• The “Project THE” that eliminates manual<br />
intervention in high volume internal and<br />
interbank (EFT) money transfers brought<br />
about manpower saving.<br />
• Following suit of import procedures, export<br />
procedures have also been moved to<br />
Workflow; this enabled faster and higher<br />
quality service provision to branches, while<br />
introducing major advancements to the<br />
tracking system.<br />
• All seven employees who took the<br />
international certified documentary credit<br />
specialist (CDCS) exam have successfully<br />
passed it; with this result, <strong>Garanti</strong> remains<br />
the only bank where all Letter of Credit Unit<br />
employees (34 individuals) hold international<br />
CDCS certificates.<br />
• Processes have been developed for the<br />
new derivative products of the Treasury<br />
Department. With the new depository<br />
project launched, system infrastructure has<br />
been completed and processes have been<br />
automated for floating interest or interim<br />
payment depository transactions, which<br />
involve exhausting and risky operation and<br />
maturity tracking.<br />
• The rotation program of branch and<br />
ABACUS employees went on in 2011.<br />
Branch employees and ABACUS employees<br />
spent one day at one another’s work places<br />
and learned about the business conduct of<br />
the other.<br />
Projections for 2012<br />
Intending to identify improvement areas and<br />
further upgrade service quality, ABACUS<br />
will give priority in 2012 to increase internal<br />
customer satisfaction and reduce the workload<br />
of branches, as it has done in previous<br />
years. The plans for the coming year include<br />
various initiatives in cooperation with <strong>Garanti</strong><br />
Technology, with a view to minimizing the<br />
manual steps in processes, and reducing<br />
operational risks by improving the checkpoints.<br />
Handling transactions in an error-free and<br />
timely manner by making use of all the facilities<br />
technology has to offer will remain the primary<br />
goal of ABACUS’s activities.<br />
2012 targets are presented below:<br />
• Use the Service Management System (HYS)<br />
to catalog customer complaints on ATMs, and<br />
once they are resolved, provide feedback to<br />
customers via text messages, the Call Center<br />
or branches,<br />
• Decrease average response time from<br />
13 minutes to 11 minutes per ATM through<br />
system upgrade,<br />
• Implement restructuring to decrease the<br />
workload on branches in busy locations<br />
receiving cash service by armored vehicles of<br />
branches,<br />
• Replace, initially, 33% of money counters<br />
used at branches with faster and more<br />
functional devices.<br />
Key Indicators for ABACUS 2010 2011<br />
5,410<br />
CASH SERVICE POINTS<br />
3.9 Million<br />
TRANSACTIONS per month<br />
99%<br />
CENTRALIZATION RATIO<br />
in Operational Transactions<br />
Number of annual transactions 45 million 46.2 million<br />
Transaction volume (USD) 848 billion 882 billion<br />
Average number of monthly transactions 3.8 million 3.9 million<br />
GARANTI BANK 2011 ANNUAL REPORT 67