Solutions
Key Challenges in Core Banking Replacement
In an increasingly competitive environment banks are taking a reality check on their technology environment to ensure that their IT strategy is aligned to their business objectives.Download
The Next Wave Of Internet Banking
To meet the challenge of creating an effective online banking service offering that meets the requirements of a sophisticated customer and is also secure.Download
Banking on Faith: Islamic Banking in the Middle East
Islamic banks are on the threshold of a historic opportunity. The emergence of clear standards and a common framework is the need of the hour.Download
Gold Rush: The Shift Towards Wealth Management in Banking
The emergence of the “private banking” & “wealth management” segments in banking, which took seed in the late 90s, has since attained huge proportions.Download
The FX Marketplace: Trends, Opportunities and Challenges
The foreign exchange marketplace is in a state of flux. The rules of the game are being re-written by the advent of new players and different ways of transacting FX thanks to technology advances.Download
Web-based Cash Management
Finacle web-based cash management solution enables banks to offer
comprehensive cash management services to businesses, ranging from small enterprises
to large corporate houses.
Built on new-generation industry standard technologies J2EE and .NET,
the modular solution provides corporate customers anytime, anywhere access to real-time
consolidated information. It manages cash positions and electronically sends and
receives funds in a secure manner, within and across borders.
The solution is multi-currency enabled and offers multilingual support.
It is also designed to support multiple channels including the Internet and mobile, and can
be interfaced with disparate host systems and third-party applications.
Key Offerings
- Balances and Transaction Information
- Electronic Invoice Presentment and Payment
- Payables Management
- Receivables Management
- Liquidity Management and Reconciliation Reporting
- Trade Finance
Additional Features
- Alerts
- Infrastructure
- Security
Business Benefits
Generation of Fee-based IncomeFinacle’s features such as wire initiations, liquidity management, alerts, cross border payments and positive pay offer a consistent stream of fee-based revenues. The customer relationship management capabilities embedded within these systems also enable targeted marketing, leading to greater opportunities for cross-selling and a higher fee income.
Business Agility
Built on industry standard platforms J2EE and .NET, the solution provides banks with tremendous flexibility to extend their product portfolio and customize the solution according to requirements. The architecture of the solution enables the bank to write business rules once and deploy anywhere, add new rules, modify existing ones or integrate with other applications seamlessly. The solution also provides an additional layer that can be extended to interface with multiple back office systems. All this enhances agility of operations, helping the bank identify new opportunities and roll out new products.
Cost Savings
Thin-client architecture over the Internet reduces the cost of maintenance associated with frequent upgrades and support. The deployment of Finacle enables a cost-effective channel through which to serve customers. As the number of transactions completed on-line increases, the number of more expensive branch transactions decreases. This is especially true of small business customers who tend to use the branch as their primary channel. Greater automation and productivity, as well as reduced human error, further lead to increased cost savings.
Increased Customer Satisfaction
The self-service capabilities empower corporate customers to manage the solution in terms of defining user-permissions, based on hierarchy and roles. This leads to greater convenience and offer better monitoring of banking transactions in real time. A more empowering corporate client would be a more satisfied and profitable customer.
Solutions
Core Banking e - Banking Alerts Wealth Management Treasury Mobile Banking CRM Web based Cash Management Islamic Banking Finanz Tools 
