<s>
Banking	B-Application
software	I-Application
is	O
enterprise	B-Application
software	I-Application
that	O
is	O
used	O
by	O
the	O
banking	O
industry	O
to	O
provide	O
and	O
manage	O
the	O
financial	O
products	O
they	O
provide	O
.	O
</s>
<s>
Within	O
retail	O
banks	O
,	O
banking	B-Application
software	I-Application
typically	O
refers	O
to	O
core	B-Application
banking	B-Application
software	I-Application
and	O
all	O
its	O
interfaces	O
that	O
allows	O
them	O
to	O
connect	O
to	O
other	O
modular	O
software	O
and	O
to	O
the	O
interbank	O
networks	O
.	O
</s>
<s>
Within	O
investment	O
banking	O
,	O
banking	B-Application
software	I-Application
typically	O
refer	O
to	O
the	O
trading	O
software	O
used	O
to	O
access	O
capital	O
markets	O
.	O
</s>
<s>
Commercial	O
or	O
retail	O
banks	O
use	O
what	O
is	O
known	O
as	O
core	B-Application
banking	I-Application
software	O
which	O
records	O
and	O
manages	O
the	O
transactions	O
made	O
by	O
the	O
banks	O
 '	O
customers	O
to	O
their	O
accounts	O
.	O
</s>
<s>
Further	O
,	O
the	O
bank	O
's	O
databases	O
can	O
be	O
connected	O
to	O
other	O
channels	O
such	O
as	O
ATMs	O
,	O
Internet	B-Application
Banking	I-Application
,	O
payment	O
networks	O
and	O
SMS	O
based	O
banking	O
.	O
</s>
<s>
Banking	B-Application
software	I-Application
is	O
used	O
by	O
millions	O
of	O
users	O
across	O
hundreds	O
or	O
thousands	O
of	O
branches	O
.	O
</s>
<s>
The	O
core	B-Application
banking	I-Application
system	I-Application
is	O
a	O
major	O
investment	O
for	O
retail	O
banks	O
and	O
maintaining	O
and	O
managing	O
the	O
system	O
can	O
represent	O
a	O
large	O
part	O
of	O
the	O
cost	O
of	O
running	O
a	O
bank	O
.	O
</s>
<s>
For	O
example	O
,	O
a	O
company	O
such	O
as	O
Bloomberg	O
is	O
financial	O
software	O
,	O
news	O
,	O
and	O
data	O
company	O
that	O
offers	O
financial	O
software	O
tools	O
such	O
as	O
analytics	O
and	O
equity	O
trading	O
platform	O
to	O
financial	O
companies	O
around	O
the	O
world	O
through	O
the	O
Bloomberg	B-Application
Terminal	I-Application
.	O
</s>
<s>
Another	O
example	O
is	O
Reuters	O
whose	O
products	O
specialize	O
in	O
financial	O
information	B-Application
management	I-Application
,	O
purchase	O
order	O
management	O
,	O
positions	O
and	O
risks	O
,	O
and	O
financial	O
instrument	O
sales	O
.	O
</s>
<s>
These	O
types	O
of	O
companies	O
provides	O
control	O
solutions	O
and	O
overall	O
productivity	O
for	O
corporate	O
treasury	O
,	O
improved	O
workflow	B-Operating_System
,	O
central	O
banking	O
,	O
bank	O
treasury	O
,	O
Forex	O
trading	O
and	O
global	O
back-office	O
operations	O
.	O
</s>
