ConnectCore™ – Core bank
ConnectCore™ – Core bank is a next generation core banking application which is based on true service oriented architecture that enables simple implementation, integration and operation. ConnectCore™ – Core bank, by reducing cost on the Core, enables banks to confidently invest in newer customer-centric technologies such as Channels and Data Analytics, which can significantly drive banks’ profitability.
Systems and processes in Banks and Financial Institutions have kept pace with rapid industry changes. Now, a Core Banking application that does the same.
- Platform independence – Works on any database, application server, OS, browser.
- Modularity – Source code modularity to the Database object level enhances its lightness and bring down DC costs for backup, restoration, export / import and Disaster recovery.
- SOA – Comes with a library of +5500 fine grained REST web services. Its service orchestration allows ConnectCore – Core bank to integrate easily with existing IT environment or any new peripheral systems they choose to add in the future.
- Master data management – It ensures that all data related to the bank are kept in one place resulting in a single version of the truth.
- Multi-tenancy – It supports single deployment to support multiple banks without the associated cost. Implementation cost is being shared across several banks using the same deployment.
- Real-time enablement – It has zero-down time during EOC thereby ensuring 24/7 access to transaction processing from any channel.
- Quickest time-to-market – It enables banks to have a lightening quick go-to-market capability across all channels and not only a product creation facility.