FinCraftTM ADF is a time-tested and proven solution. It is implemented and under live operational use successfully in multiple banks in India. It is an Automated Regulatory Reporting System for Banks designed in view of Reserve Bank of India (RBI) mandate for implementation of ADF (Automated Data Flow) reports.
By adopting such an automated process for submission of returns, the bank is able to submit accurate and timely data to the regulator without any manual intervention. The automation of data flow also benefits the banks in terms of improved timelines, enhanced data quality, improved efficiency of processes, reduced costs and the use of the CDR (Common Data Repository) for internal MIS purposes.
FinCraftTM MIS ADF is designed based on the End-End Conceptualization of RBI, which comprises of the following Process elements:
Banks all over the world are today in the race for improving their capability in order to survive in the competitions of todays globalized markets. Therefore, they are trying to enhance their agility level by refining the decision making process for better efficiency, productivity and also to meet the successive variabilities of the market.
FinCraftTM MIS is an important tool for the BFS (Banking and Financial Services) segment giving a clear view of the organization's standing vis-a-vis the defined parameters.
It consists of
It comprises of internal reports required by the organization which are one time configurable. Nelito also has the Report Builder solution which allows banks to configure and create reports all by themselves.
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. Read More
Nelito presents banks with FinCraftTM BI (Business Intelligence) 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. Read More
“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.