Nelito presents banks with FinCraftTM BI (Business Intelligence) & Analytics platform which in essence will provide 'actionable intelligence' leading to creation of an efficient and dynamic business entity.
Using FinCraftTM BI & Analytics Banks can easily access information regarding the performance of products and thus plan and predict the customer behavior for products in the pipeline. Aspects like profitability and sales of products and customer demographic can be gauged and analyzed.
Creating a new report is extremely easy with the drag and drop features. The user can himself define the parameters and then choose the required fields as well as define the periodic intervals for report publishing.
FinCraftTM BI and Analytics platform also acts as an executive decision support system, where, based on historical data, the bank can make decisions as per 'what if' analysis and predictive analysis. Thus, for instance a bank can evaluate the effect a change in interest rate, of say 25 basis points; will have across the board on different parameters.
The product dashboards by FinCraftTM BI and Analytics platform allow banks to analyze information regarding the performance of products and thus accordingly plan and predict the customer behavior for products in the pipeline. Aspects like profitability and sales of products and customer demographic can be gauged and analyzed.
It also expedites the process of evaluating the product profitability including aspects such as time frame, customer profiles etc. For instance, a bank can immediately get real time information about the number of footfalls and average amount drawn by customers at a particular ATM, the bank is then able to take decisions about the cash and even security required at that ATM center.
FinCraftTM BI & Analytics platform has many benefits including saving on cost and reduced manpower. Moreover, in the case of report writing which usually banks would have to outsource, Nelito's solution enables them to do it in-house, while maintaining data integrity.
“The Bank is associated with M/S Nelito since 2002. M/S Nelito Systems Ltd has been our CBS vendor since 2009. The Products, quality of service offered by them are excellent. They have a very good support team and are trained enough for handling any type of situation.”
“Good & Co-operative.”
“We appreciate your local team who continuously supported & assisted our team to meet the goal.”
Knowledge and service provided to the bank is beyond expectation. And we would definitely engage and recommend solution to others .
Bank has implemented CBS of Nelito Ltd in the year 2008-09 in phase manner. Also integrated RTGS/NEFT, CTS, MMS etc which help us in smooth automation of banking operation.
Experience during development of Rating Engine Module has been good in the context of commitment to meet timelines & lot of hard work has been put by Nelito's team.
Everything was successfully implemented and tested. The implementation was professionally done in a very efficient and cooperative manner. Migration was very smooth.
Nelito and its team has always been supportive and efficient in achieving the tasks set up by the Dept. Apps developed by the software engineers for the Public Health Dept have proved to be excellent among the top competitors and have been acclaimed for its effective service delivery to the end user at the grass root level which is the foremost object of any Govt organization. Many thanks for the sincere efforts.