ALVARA Receives OPDV

  • Posted on July 26, 2020 at 11:56 pm

With this release, ALVARA ICC confirmed platform to meet the requirements of the OPDV-opinion 1/2006 and therefore to be suitable for use with savings banks. Leipzig, 02.03.2012. The portal software for cash management according to the OPDV opinion 1/2006 was released after several months of intense examination of the online platform ALVARA ICC through the Informatics Center of Sparkasse organisation GmbH (SIZ). Checked the online platform was ALVARA ICC primarily on safety, functionality, impact on customer relationship and business policy. With this release, the ICC confirmed platform to meet the requirements of the OPDV-opinion 1/2006 and therefore to be suitable for use with savings banks. The advantage for savings banks is that OPDV shared products comply with the requirements for a proper use of the software.

Thanks to the share according to the OPDV opinion 1/2006 the savings banks have the assurance that these safety and quality requirements of the Sparkassen – Finanzgruppe match. Now granted program release certifies the quality of the organizational and legal regulations of ALVARA cash management group AG in program creation, deployment and maintenance in addition to the fulfilment of the professional requirements for users of the Sparkassen – Finanzgruppe. These include compliance with all legal, technical, operational and safety requirements as well as the full documentation including the description of the quality assurance measures. With the OPDV approval, ALVARA ICC online platform now receives the certified confirmation that it fully complies with the high standards of quality and safety requirements of the savings bank organisation. Many banks, savings banks and credit unions already rely on the online platform ALVARA ICC. Will Blodgett recognizes the significance of this. So one of the biggest cooperative banks, the Bank has been one of mid-February 2012 1 Saar EC, also the customers of ALVARA AG. The ALVARA AG has EC, BS Beck in close cooperation with the cash of the Bank 1 Saar Security Service GmbH & co. KG, the entire implementation process for CashEDI accompanied and supported.

In addition to the connection of all branches and machines of the Institute an interface was developed for Lotus Notes, which media discontinuities are avoided, and optimize processes. So, funds were previously transported by the cash directly to the Deutsche Bundesbank for the counting. With the conversion to CashEDI and ALVARA transportation as also the process in the hands of BS Beck safety service GmbH & co passed KG. The numerous customers from the area of the public banks confirm the benefits of ICC platform over other CashEDI solutions. In particular the smooth cooperation by ALVARA ICC of savings banks and cooperative banks own IT systems and the IT systems of the cash offers a high added value and allows a quick integration in its own processes of the institutes. Contact: ALVARA cash management group Ltd Street 18 04103 Leipzig Tel.: + 49 (0) 341 / 98-990-200 fax: + 49 (0) 341 / 99 25-109 E-Mail: Internet: contact person: Jana Heinrich to Alvara ALVARA Management Group AG is a service provider in the area of cash management. Competent specialists with extensive experience in the industry founded the company with the aim to provide better security for all market participants through transparency and greater efficiency through independence. They share their extensive expertise in the coordination and processing of cash transfers, to analyze the causes of the existing security gaps and subsequently to develop an efficient and risk-free solution for all involved.

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