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Banking Software -universal, retail, private, wholesale core banking systems

another inntron summary in the banking systems intelligence and links set for the international market context

 
vendor of interest  |  summary

Acute Softwares banking system from India

Acute Softwares  - EasyBankCore core banking solution

Overview:

Acute Softwares (P) Ltd is a software development, project mentoring and IT consulting company with multi-shore delivery capabilities.

The company is focused on developing solutions based on service oriented architecture and building extended teams for its clients. Acute have offices in the US (Corona), apart from India (Ahmedabad and Gandhinagar-InfoCity). The main development center is in Ahmedabad and this is from where projects are primarily executed. The company was setup with a vision to deliver quality software solutions to clients across the world.

Product: EasyBankCore core banking solution for co-operative banks on RBI guidelines

EasyBankCore Core Banking System (CBS) is an enterprise multi-channel banking solution that enables a full range of banking services and content to customers with different user profiles. It’s an integrated set of core banking components designed to meet the challenges of new age banking for co-operative banks.

SNAPSHOT OF MAJOR FUNCTIONS:
This can be broadly categorized in 2 ways:-

Liabilities
 Saving Deposits
 Current Deposits
 Term Deposits
 Fixed Rate Deposits
 Floating Rate Deposits
 Recurring Deposits
 Daily/Pigmy Deposits

Assets
 Personal Loans
 Retails Loans
 Corporate Term Loans
 Cash Credit Overdrafts
 Agricultural Loans
 Loans through Credit societies

OTHER FUNCTIONS:EasyBankCore


Customer Accounts
 Unique Customer ID
 KYC
 Photo/Signature Storage

Retail Banking
 Account Maintenance
 Loans and Advances
 Deposits Accounts
 Lockers
 Remittances
 Teller Operations
 Standing Instructions
 Daily/Pigmy Deposits
 TDS Management
 NPA Management
 Daily Operations
 Cash Management

Head Office Modules
 MIS Reporting
 Shared Accounting
 Payroll
 Inventory
 Centralized Clearing
 Securities/Investment

Calculation Processes
 Interest Charges
 Bank Service Charges
 Fixed Deposit Pre-Maturity Charges

Manager Help Desk
 Daily Overdue Report
 Against Clearing Report
 Exceptional Reports
 Day-End Check Sums
 Day-Begin Check Sums

Security
 Role Based User Defined Security Management
 In-Built Audit Trail
 Periodic Password Maintenance
 3DES and MD-5 Encryption Methods used for Data Storage

Disaster Recovery
 Sybase Replication Server / Oracle Data Guard
 Server Virtualization, RAID

Salient Features
 Any Branch Banking
 ATM Support
 Data WareHousing
 Multi-Linguistic
 SOA
 Reports in PDF
 ReportBuilder for Ad-Hoc Queries
 Entry Screens meant for heavy duty data entry operations
 User-Defined PassBook Formats, Drafts/Share Warrants etc.
 RBI OSS Reports
 Mobile Banking
 CISA Certified

( for more information see Acute Softwares )

Platform: Server(OS): HP-UX/Red Hat Linux/Windows
Client (OS): Windows XP
Back-End: Oracle 10g Release 2/MS SQL 2008/ Sybase ASE
Architecture: 2-Tier (Sybase PowerBuilder 10.5) & N-Tier (.Net & J2EE)
DataBase Supported: Oracle 10g & Above , Sybase ASE 15.x, MS SQL 2008


Clients:

Vijay Co-operative Bank, Ahmedabad India
GandhiNagar Nagrik Co-Operative Bank, India
People’s Co-Operative Bank, Dholka India
Colour Merchant’s Co-Op. Bank, India
AmarNath Co-Op. Bank Ltd, India
Kalol Nagrik Sahakari Co-Operative Bank, India


Contact:

203, Atlanta Towers, Gulbai Tekra , Ambawadi,
Ahmedabad-380006,
Gujarat - INDIA

Tel:
+91 - 79 - 66054341
Cell: +919879564326

Contact Person: Chirag Patel

Website URL: www.acutesoftwares.in

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