L O A D I N G

Banking

Banking and financial services

OUR SOLUTION FOR BANKING AND FINANCIAL SERVICE INSTITUTIONS – BANK ON IT FOR SUCCESS

BANKING SOLUTIONS

The banking sector is full of challenges and operates in a volatile environment which is prone to dynamic changes on a regular basis. Changes in the economic environment have a considerable affect on the working of the banks, insurance companies and organizations working in the Financial Sector.

It is not easy for organizations in the banking sector to beat the odds and emerge as winners. Continuous innovation is required on a regular basis to restructure and exercise an assertive control to protect the organizations from macro- and micro-economic changes and the risks that follow. The organizations have to comply with the regulatory norms. In this way, they can meet the various demands of customers and give a huge boost to the revenue.

Our banking software solution helps the banking sector to grow and prosper. It is software which is comprehensive in nature and it allows the banking sector to use advanced technologies and tread on the path of prosperity.

We, at Online24x7, provide BFSI industry solutions that are innovative and intuitive and which are customized to meet the requirements of the banking industry in a highly efficient way. Our software solution provides a number of services ranging from point-solutions to large-scale deployments which cover a large number of processes. It helps the banking and financial service institutions (BFSI) in becoming ‘model enterprises’ which can be easily expanded and customized to cater to the new or changing business processes.

We provide BFSI solutions which are model-based and are developed by using VirtualWorks®. The best part about these solutions is that they are made and not coded by using the already existing or new assets which easily adapt with the changing business requirements. The software solution is based upon service-oriented architecture (SOA) standards and facilitates easy integration with the existing or new applications.

The banking industry with our new-age software solutions such as Fund Sweep System, Nostro Reconciliation, Retail and Loan Origination and Customer Relationship Management (CRM) can meet the demands of the customers as well as the market in an efficient way , thus yielding better results.

GET AN ALL-ROUND PERFORMANCE MANAGEMENT SOLUTION KEEP A RECORD OF THE PERFORMANCE
GREAT AUTOMATION, PROVIDES END TO END AUTOMATED DATA FLOW REPORTING SOLUTION
LOAN MANAGEMENT DONE EFFICIENTLYKNOW YOUR CUSTOMER BETTER
INCREASE YOUR CUSTOMER BASE
MAKE PAYMENT REALIZATION A SMOOTH TASK

Our Portfolios are Diverse

  • Energy
  • Health
  • Insurance
  • Life Sciences

ENSURE QUICK RECONCILIATION ACROSS MULTIPLE SYSTEMS

Save time, save money

Our BFSI software solution helps in the reconciliation of transactions across various systems. It puts in place a perfect system in place as should be the case with the multiple systems.

OPTIMIZE YOUR EXPENSES; PUT A COST-EFFICIENT PROCESS IN PLACE

The software helps in containing the revenue leakage and assists in curbing the expenses. Expenses management is a critical task and requires humongous paper-based transactions. Our banking software solution consists of an efficient Centralized Expense Management module which tracks requests and payments from branches in a centralized accounts-payable place. It is integrated with the core banking solution and thus acts as a great tool to make highly informed decisions and exercising a greater control.

  • The software assists in making decisions with the help of real-time information available.
  • Tax for payments as per the tax rates can be easily and quickly calculated.
  • The software has a provision for outstanding expenses and prepaid expenses.

TRIGGER AN AUTOMATED BANKING DOCUMENTATION PROCESS

The software helps the BFSI in automating the documentation process while complying with regulations. The banking industry can avoid any loss of valuable information as the software facilitates recording of the documents in a systematic way.

GREATER CUSTOMER SATISFACTION, TREAT THE CUSTOMER AS A KING

The banking software solution offers a number of advantages to the banking sector. The feature of the software provides an automated statement delivery. The banking organizations can reduce TAT and ensure greater customer satisfaction It also ensures the confidentiality of the statements and their timely delivery the software consists of a centralized Statement Delivery system which automates the delivery of customer statement/ business documents along with a great security system in place. An efficient system is in place which tracks the delivered and undelivered mail statements and automatically generates reports from the system.

  • The software creates master documents in a highly flexible manner which helps in reducing the turnaround time.
  • It completely automates the process of statement delivery and avoids manual intervention.
  • It is time-efficient and generates/ dispatches huge volumes of statements quickly.