The Legcy L M System
This is a complete system with all modules i.e. Collections, Front End, Reporting ,etc.
The customer can change any aspect of the system according to their own requirements e.g. if an unusual financial calculation is required or a specific financial product needs modification.

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The Core L M System
Only the core functions of a financial organisation are included, i.e. the Financial Transactions, General Ledger Interfaces and Fundamental Reports (Audit Trails, Sales Reports, Statistics ).
This core will not be modified on an individual customer basis. New, upgraded version will be released from time to time.

Non core operations e.g. Collections, Front End, Report Writing can be purchaced or outside systems can be 'clipped' onto the L M System using data warehousing.

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