Enterprise data management is defined as "an organization's ability to effectively create, integrate, disseminate and manage data for all enterprise applications, processes and entities requiring timely and accurate data delivery." Thus, the data has to be delivered to the bank in a useable and structured format, such that the data sets are compatible with the bank's business processes. The Nelito solution provides for such structuring and organization of data that dovetails with the bank's business logic and processes.
Efficient functioning of business processes and applications depend on clean and consistent data. But considering the high growth in the volume and variety of data flowing into today's businesses, data cleansing, the process of identifying and repairing imprecise, incomplete, duplicate data has become essential for putting this data for any further use.
Nelito's Data Cleansing Solution helps clients in standardization and de-duplication of data. This leads to identification of missing data fields and also help banks in complying with UCIC guidelines i.e. allocation of Unique Customer Identification for Customers. Nelito has already implemented this solution in 5 Public Sector Banks as well as several co-operative banks.
MDM or Master Data Management is defined as a comprehensive method of enabling an enterprise to link all of its critical data to one file, called a master file that provides a common point of reference. Nelito's master data management engine uses several CDRs (Common Data Repositories) to create a data warehouse from which a bank can draw information for better and more efficient decision making based on consistent and error free data.
Having created error free data and access to validated CDRs and data warehouses enables the banks to create reports and dashboards which enable executives and managers to make effective and quick decisions regarding banking policies:
“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.