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Banking Solutions

A Transition from
Manual System to CBS
Transition to CBS
• Manual ledger
• ALPM
– Stand alone PC
• Type of account wise
– SF, CA, CC-OD, Loans
• PBA
– Enhanced functionality of ALPM
• Without any voucher restriction
• TBA
– Local LAN
– PCs / Client connected to server
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Partial Branchautomation
Total Branch automation

Branch server

SF
LOANS

CA,CC
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TBA
This first generation of Banking
Software includes:

•Clearing
•Drafts issue
•Payments
•Reconciliation (Remittances)
•Bills (Payments/ Collection/ Purchases)
•Dividend Warrant Processing
•Inter-branch reconciliation
Draw Backs of TBA

The only drawback of this Software was


that there was no connectivity among
all the Branches.

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Core Banking Solution
(CBS)
• Core banking is a general term used to describe
the services provided by a group of networked
bank branches.
• Bank customers may access their funds and other
simple transactions from any of the member
branch offices.
• Core Banking is normally defined as the business
conducted by a banking institution with its retail
and small business customers
• The platform where communication technology
and information technology are merged to suit
core needs of banking is known as Core Banking
Solutions.
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Core Banking Functions

• Deposit accounts
• Loans
• Mortgages
• Payments

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What makes Services available
in CBS ?
• ATM’s,
• Internet Banking,
• Bank Branches
• POS

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CBS

Migration
process

ROUTER ROUTER

SWITCH SWITCH

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Benefits from new
Technologies
• Reduced transaction time,
• Makes working simultaneously on different
issues possible
• Increased the efficiency of System
• Computer software is developed to perform
core operations of Banking like
* Recording of Transactions,
* Passbook maintenance,
* Interest calculations on Loans and
Deposits,
* Customer records,
* Balance of payments and withdrawal
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Key Modules in CBS
• Key Modules offered by CBS includes:
• Enterprise Customer Information
• Consumer Banking
• Wealth Management
• Corporate Banking
• Trade Finance
• Shariah Products (Islamic Banking)
• Functional Services
• Enterprise CRM

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Major CBS Solutions
• Finacle
• Flexcube
• Bαncs
• Intellect Suite
• KASTLE (formerly NEWTON)
• DataMate
• Panacea
• SAP IS for Banking

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YOUR QUERIES

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