Fern Software - Abacus OneWorld, Focus SQL, M2
Overview:
Fern was incorporated in the United Kingdom in 1979 and specialises in the development, implementation and ongoing support of core banking systems for Microfinance Institutions, Development Banks, Credit Unions, SACCO’s and Commercial Banks.
With over 300 clients in more than 40 countries and offices in Australia, Ireland, Fiji, the Philippines, South Africa and the UK, Fern truly has a global footprint. Fern also works with a number of NGOs and Government Agencies.
Fern Software products have been reviewed and accredited by CGAP and are built in accordance with International Accounting Standards and Regulatory Compliance. Fern Software systems have satisfied examination by hundreds of internal and external auditors each year in many jurisdictions.
Products:
Abacus OneWorld - comprehensive integrated front and back-office core systems - multi-lingual, multi-currency and optional modules |
Focus SQL - powerful, flexible and robust MFI and banking application delivering all the power of the internationally acclaimed MS SQL 2008 at a budget price |
M2 (Microfinance Manager) - well proven MFI and SACCO software running in 100s of sites at an attractive entry-level price
M2 is suitable to smaller sized entities, requiring less complex functionality, whilst Focus is suitable to the more complex and larger entity, and finally Abacus OneWorld is the flagship product, offering the most advanced functionality.
Abacus is designed for large and mid-sized innovative institutions and is Fern’s most advanced solution - the result of 20 years' experience and 10 years' development. It has been designed by accountants and developed by a core specialised team to the highest international standards. Abacus OneWorld is a totally integrated, scalable and flexible solution combining all data processing, financial management and client services into one efficient management information system.
Released in 2004, Abacus was initially troduced both in Europe to Credit Unions and Microfinance Institutions in Africa.
The "One World" concept stems from the ability of Abacus to offer additional modules, including:
Internet Banking
Mobile Banking
SMS reports and mini-statements
ATM connectivity
A full and expanding range of other services
Abacus OneWorld following key functional characteristics:
•Loan Portfolio Management & Control
•Built in Diagnostics for Instant Help
•Management of Business Processes
•After Sales Support
•Designed to International Standards
•Powerful and Flexible Reporting (specifically, allows user to design own reports)
•Flexible Options for Future Needs
•Best Long Term Investment - 10 to 15 Years
Abacus features include:
•Client/Members Management
•Signatures and Photos
•Money Laundering recording
•Loans
•Portfolio Quality Management
•Savings / Shares
•Multiple Accounts
•Batches
•Bank Reconciliation
•Reports
•Letters
•Regulatory Compliance
•General Ledger
•Appointment Manager
•Customer Relationship Management
•Advanced Document Scanning
•Multiple Languages
•Multiple Currency
•Business Planning
Additional modules available:
•365 Internet Banking
•365 Online Statement Viewer
•Abacus Social Performance Measurement
•Advanced Document Management
•Advanced Customer Relationship Management (CRM)
•Appraise
•Credit Reference Link
•Credit Scoring
•Debt Management System
•Insurance
•Mobile Banking Application (MBA)
•SMS (GSM) Statements and reports module
•Secure Email Statements and reports module
•UT Link (ATM, ePoS Link)
•UT ID (Card Management System)
•UT Mobile / Cell Phone Banking
•UT Route (EFT Switch)

( for more information see Fern Software )
Platform:
Microsoft .NET, SQL
Clients:
Fern clients range from the smallest MFI’s with a single branch to Credit Unions, Development and Commercial Banks with nationwide coverage.
Some clients are:
DFL Microfin, Trinidad & Tobago
The Kuyasa Fund, South Africa
National Development Bank, Papua New Guinea
Ballinrobe Credit Union, Republic of Ireland
Contact:
Head Office:
Unit 5B Hawthorn Business Park
Stockmans Way
Belfast
BT9 7ET
N. Ireland
UK
Tel: +44 28 9080 8000
Fax: +44 28 9080 8001
Western Europe
Tel: +44 208 144 2864
Tel: +353 1 442 8639
Latin America
Tel: +1 240 696 1916
East Asia, Australia & Pacific
Australia
Tel: +61 7 3216 0829
Fax: +61 7 3832 6788
eMail: julian.mccabe@fernsoftware.com
Fiji
Tel: +679 326 0074
Fax: +679 326 0073
Eastern Europe & Central Asia
Tel: +44 208 133 6300
Southern Africa
Tel: +268 612 5711
Website URL: www.fernsoftware.com