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Follow on Google News | FOBISS reports outstanding benchmark results for its cash supply chain management solutionBenchmarks using Intel® fasterLab proves FOBISS CM can handle huge volumes of data for high performance cash supply chain management
By: FOBISS, Intel FOBISS cash management solution is based on artificial intelligence algorithms performing the complex forecasting and optimization computations using real- / near real-time data from ATMs and bank branches. This results in timely, comprehensive decisions and insight recalculated hourly (high-volume branches), daily (ATMs) or weekly (long-range planning and tuning). Graphical presentations of information, customization of the user interface in accordance with functions performed, contingency notifications and decision-simulation tools give decision-makers full visibility into a situation, allowing them to respond rapidly and flexibly to real-time changes. Darius Dilijonas, CTO of FOBISS says, "We were very happy with the results of this benchmark although certainly not surprised by it. FOBISS CM delivers power and flexibility to the users in a truly unique solution. The days of limited, unintegrated solutions with only basic forecasting and optimization are surely a thing of the past and users in today's volatile markets expect high performance and total flexibility and situation awareness to deal with day-to-day cash supply chain management." Built on Microsoft .NET platform running on Intel® Xeon® processor, FOBISS CM delivers the ultimate in data analysis and cash management with the scalability to manage tens of thousands cash points. Gordon Hughes, Global Sales Director, Financial Services Alliances of Intel Corporation said "this is a prime example of bringing together high performance Intel® technology with leading edge software to deliver exceptional value to the cash management users. We were delighted to be able to work with FOBISS at the Intel fasterLab to demonstrate the use of Intel technology in this area." *One standard CP (Cash Point) represents an ATM holding 5 denominations of a single currency **Daily calculations are performed at night and can take multiple hours for large CP counts ***Server with two Intel® Xeon® Processor E5-2699 v2 (45M Cache, 2.30 GHz), 128GB of DDR3 memory @ 1800MHz, and Intel® Solid-State Drive Data Center P3700 Series. End
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