A core banking implementation is a major decision point for a bank since it impacts the entire bank and its business. Project success directly impacts profitability, customer satisfaction and competitiveness.
Core Banking Solution effectively supports the entire business operations of a bank – from the front office through operational workflow, the back-office and accounting. As such diverse stakeholders interact and benefit from the solution – Tellers, Branch Officers, Loan Officers, Clerks, Managers, Business Heads, Back-office operators, Auditors and CXO team of a bank. With our solution, your bank is able to offer variety of financial products such as savings, deposits, term loans, working finance, project finance, bill discounting, LCs, BGs, etc.
Availability of our solution on multiple service channels such as branch, ATM, Internet, Mobile, Kiosk and Agent network will help your bank achieve increased market reach and add to customer convenience.
The solution’s in-built workflow management and fund management features help to reduce processing time, optimize work allocation, mitigate risks and employ the funds efficiently. An integrated GL & Accounting module updates and maintains balances allowing the bank to monitor its financial metrics in real time.The reporting engine comes with pre-packaged MIS and Regulatory reports and lends great flexibility to the bank to design & publish its own reports. The analytics engine provides greater control & capability to a bank to identify trends, evaluate performance for products, people and business units, to identify risk triggers and to carry out predictive analysis.