COB stands for Close Of Business. Some bankers call it End Of Day ( EOD). This is a very important function of a Banking software.
All the transactions of the day are summarized and the accuracy of accounting is confirmed through this process. As it involves many processes across various applications, the process is a time consuming one.
Any untoward incident during this process may result in users not getting the system ready for next day operations. So this process requires a careful monitoring besides expertise across various functions of Banking operations.
We have a team which has the required skill to provide COB support in a most efficient manner.