Core Banking Solution
FinCORE is a complete web based core banking solution
with the opportunity to meet present challenges with reduced cost and
enhanced customer management measures. The core banking solution helps
to streamline the current business processes with a supporting
technology while Information Management and Risk Management is the key.
Everything starts with Core
An ideal Core banking solution is a solution where products,
processes, channels, customer information and management tools are
integrated and administered through a central database of the bank with
branches and channels as delivery points. This helps in achieving
economies of scale by data integration for various purposes such as
cross selling, CRM, Regulatory Reporting and internal MIS.
Banks and Banking Technology has undergone a complete metamorphosis over the last decade.
Hence, banks needed to adopt core banking solutions to standardize their operations. A core banking solution brings together all the features that will help the growth of a bank in the highly competitive business of banking. The core banking solution will
help a bank, expand its reach, improve its functioning while reducing
operational costs and provide a single interface to control banking
activities.
Loan Originating System
FinLUNA helps bank in providing Loan originating system with excellent support in creation of flawless documentation and to deliver prompt and effective service to its customers. It caters to both retail and commercial lending scenario and automates all stages of loan origination, management and repayment tracking. Document Management is facilitated with a provision to scan documents and attach them to individual application. It is a flexible web-based system that has the capability of supporting multiple products over a network of various branches and associates of the lending institutions.
Anti-Money Laundering Solution
An end-to-end Anti-Money Laundering (AML) solution that enables you to apply risk based approach to monitoring customer behavior for suspected criminal financial activities via automated processes. In addition, the solution supports industry best practices for monitoring and reviewing, giving you a reliable way to protect your business reputation. Armed with comprehensive reporting and query capabilities as per regulatory requirements, FinAMLOR also stores compliance rules and flags any violation of these rules for follow-up
FinAMLOR is designed to help Banks effectively conduct due diligence and comply with government regulations. It gives a powerful combination of anti fraud, anti money laundering and business intelligence utilities. The solution offers robust analytics in the Know Your Customer and Transaction Analysis segments.
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