Vendor Application Software System
1 TEMENOS T24; T24 for Microfinance and Community Banking
(MCB) formerly
eMerge; GLOBUS; TEMENOS CoreBanking (TCB)
2 Oracle Financial Services Software (formerly i-flex Solutions)
Flexcube;
Microbanker; Finware
3 Infosys Technologies Finacle
4 FIS | Fidelity National Information Services (FNIS) Corebank, FIS Alltel
Systematics, Sanchez Profile, Horizon ACBS (Advanced Commercial Banking
System), Kordoba, ALLprofits, MiSER, BancPac, Metavante
5 TCS FS - Tata Consultancy Services Financial Solutions -
formerly FNS BaNCS - TCS BaNCS (formerly FNS Bancs - Financial Network
Services B@NCS-24)
6 Misys BankFusion Universal Banking, Equation, BankFusion
Equation,
Equation Islamic Banking, Midas Plus, BankFusion Midas (Bankmaster)
7 Fiserv ICBS (International) | Signature by Fiserv, - Fiserv
CBS (US);
Basys/Metabank; Catapult; Premier; Acumen
8 Sungard Ambit Ambit EBS (Enterprise Banking Suite) core
banking - Retail
banking, Corporate banking (formerly System Access Symbols)
9 SAP SAP for Banking, Corebanking; SAP R/3
10 Jack Henry & Associates Jack Henry Banking -
SilverLake; CIF 20/20;
Core Director for US market
11 Silverlake Axis Silverlake - SIBS, Silverlake
Integrated Islamic
Banking System (SIIBS)
12 Datapro Inc Datapro eIBS (e-IBS) CORE
13 3i Infotech KASTLE
14 Open Solutions Inc (OSI) TCBS/TCCUS: DNA platform |
TCBS - The
Complete Banking Solution, TotalPlus (outsourced) core banking, TCCUS - The
Complete Credit Union Solution
15 Path Solutions iMAL
16 Polaris Intellect Suite - OrbiOne, BankWare; BankNow
17 Callatay & Wouters Thaler
18 Olympic ERI Bancaire Olympic
19 ICS -International Computer Systems ICS BANKS
20 InfrasoftTech OMNIEnterprise
21 ITS - International Turnkey Systems ETHIX total banking
solution | ITS
Core Banking Solution (Phoenix for ME), ITS Islamic Banking Solution
22 Nucleus Software FinnOne
23 Delta Delta-Bank
24 TCS FS - Tata Consultancy Services Financial Solutions -
formerly TKS-
Teknosoft TCS BaNCS private banking, QUARTZ core financial platform,
Quartz Securities, Quartz Payments, e-Portfolio
25 CGI Group RFS core banking + HORIZON CRM, Loan Origination (LOS), DMS
26 Neptune Software Rubikon universal core banking system (Java
platform - new 2008), Orbit microfinance retail banking, Equinox
27 Cobiscorp | Cobis Systems Corporation (Macosa SA, MicroBanx Systems merged) COBIS Core Banking | COBIS UBS (universal banking solution)
28 DataVision Software Data Mate Core Banking (India) - Micro Mate
microfinance, cooperative banking
29 Computer Sciences Corporation (CSC) Hogan, CSC/IBS, Celeriti, K3000
30 SAB SAB universal banking system (SAB2i) and Samic
31 HCL Infosystems HCL BancMate CBS core banking solution
32 Harland Financial Solutions PhoenixEFE
33 TOP Systems TOPAZ Banking, TOPAZ Microfinance, TOPAZ Trace
34 BankVision Software Core BankVision
35 BML Istisharat ICBS
36 ASI - Arango Software International ABANKS (AB@NKS) core banking
37 Allshare Banking Solutions Allshare Retail Bank Solution (Quaestor),
Private Bank Solution (Bank/View), e-Banking
38 Mindmill BankMill
39 Avaloq Avaloq Banking System
40 Microlink MiBS conventional and islamic universal core banking
For more information , you can access this following link.
http://www.inntron.com/core_banking.html
Saturday, November 27, 2010
CORE BANKING PROCESSES INDEPTH: Part1
This section will take your learning indepth about core banking processes.
Following banking processes typically come under umbrella of core banking.
1. CUSTOMER CREATION
a) Retail or Corporate Customer : Adding details of customer, personal details ,
demographic details (Please read KYC norms ). Core applications provide
multiple
online checks like SDN check , AML check , deduplication etc before creation of
customer. Point to be noted that information to be captured for a retail
customer and corporate will be different.Generally vendor applications paint
the screen basis the customer type.
b)Power of attorney capture:the person who will have authority to act/ do
transactions on behalf of original customer.
c) Signature Capture: Core banking applications provide facility to add
signature,photos of Customer and POA , which will be stored online. Whenever
any transaction will be done by the customer then bank user can match the
signatures.
In case of multiple signatories in corporate scenario there can be rule for
signatures basis the account , amount etc
d) Others: defining special rates , special charges for customer. it will be
applied when this customer will do any transaction.
After saving all the details(general the demographic details) system generates an unique number called CIF (customer information file)number. Bank will attach all the accounts for this customer to this CIF. Now a days CIF solutions are very important to have 360 degree view of the customer.
All the accounts assets/liabilities across the Banking services uses the same CIF so that a single view of customer can be presented and enhance cross selling.
Following banking processes typically come under umbrella of core banking.
1. CUSTOMER CREATION
a) Retail or Corporate Customer : Adding details of customer, personal details ,
demographic details (Please read KYC norms ). Core applications provide
multiple
online checks like SDN check , AML check , deduplication etc before creation of
customer. Point to be noted that information to be captured for a retail
customer and corporate will be different.Generally vendor applications paint
the screen basis the customer type.
b)Power of attorney capture:the person who will have authority to act/ do
transactions on behalf of original customer.
c) Signature Capture: Core banking applications provide facility to add
signature,photos of Customer and POA , which will be stored online. Whenever
any transaction will be done by the customer then bank user can match the
signatures.
In case of multiple signatories in corporate scenario there can be rule for
signatures basis the account , amount etc
d) Others: defining special rates , special charges for customer. it will be
applied when this customer will do any transaction.
After saving all the details(general the demographic details) system generates an unique number called CIF (customer information file)number. Bank will attach all the accounts for this customer to this CIF. Now a days CIF solutions are very important to have 360 degree view of the customer.
All the accounts assets/liabilities across the Banking services uses the same CIF so that a single view of customer can be presented and enhance cross selling.
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