The Electra Client Program is an electronic communication channel for bank customers, who provides access to most bank services. The basic solution comprises two main components: the central computer operated at the bank and running the server software (Electra server), and the terminal programs (Electra Client Program) installed on the customers’ computers. The Electra Client Program and the Electra server operate in a client-server setup. Connected both to the bank’s internal clearing systems and to Electra client programs, the Electra server provides all central functions.

The server has a continuous, mostly real-time connection with the clearing systems, and functions as a server from the perspective of the client programs. Bank customers must use the Client Program to connect to the server and to the bank’s clearing systems behind it. In the initial Electra Client Program architecture, the client program was the endpoint: it was the only component on the customer’s side which had an automatic program-to-program connection with the bank’s systems. With the WSTP module installed, this connection can be extended to include the company’s own systems. This gives banks a means to provide higher level services, which is a basic requirement when it comes to processing money market deals fast.