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 Meticulousness of efforts to ensure customer delight by each of the team member during the course of the project is appreciable. - Data Archival Project
Overall we are happy with the services provided by Nelito. The implementation team is sensitive to our support requirements and does a good job.
We are extremely thankful to the whole team who have devotedly committed and created this excellent database. Much of our time was wasted in data retrieval from i link where we were facing lots of issues.
You have given us an awesome product which is superior to our Finacle itself in its display capabilities. The great idea of taking pdf/word/excel option is simply superb. Merging the party code and Finacle CIF and account numbers are another feather in the cap.
We have successfully made Nelito's Fincraft Software for NBFC live in early March for LOS,LMS and Sanjiv Khalkho, Arijit Chakraborty with his team have been very instrumental in making this software live . I would like to appreciate on the turnaround time during the go live phase of the team in getting some of our key requirements done and helping our users to use the software for recording and disbursing all the sales from the software.
In technology side I would like to praise Pramod Navale and Ganesh Khetmalis for in depth knowledge of the product and their technical skills is outstanding. Looking forward for the continued relationship for our next release and whole of 2018.
"We are extremely pleased with the kind of support extended by you and your team for our year end work. Although whole bunch of people worked for making the support seamless from your end, my special thanks to following resources. Anurag, Arpit, Arvind, Pranit, Suraj, Udgran, Nilesh, Leena and Udgrand. Also, thanks to all others who have supported us directly or indirectly at your end."
"For a Bank of our size, this system suffices and is very cost effective. Almost all of the bank’s activities run on the one system. Nelito constitutes a partner more than a supplier and the relationship includes provision of the bank’s underlying technology as well as its Fincraft range of applications."
"The best mix of functionality and technological support and our vision of “Cash Less and Paper Less” work environment for Sonata has come true with our technological partner Nelito. I highly recommend FinCraft Core Microfinance platform and especially integrations with a number of third party services."
"We are happy to use FinCraft Data Archival & Retrieval solution from Nelito Systems; it has given huge ROI in terms of saving revenue by retiring legacy applications. We get all desired reports in a timely manner from the solution."
"Proactive & professionally supportive, technically skilled team."
"My bank is working with Nelito from the last about 9 Years and the services provided by the company may prolong our association."
"Knowledge and service provided to the bank is beyond expectation. And we would definitely engage and recommend solution to others."
"As Vendor strict adherence to process & procedures. Risk Mitigates in Place. Flexible to customer requirements."
"Everything was successfully implemented and tested. The implementation was professionally done in a very efficient and cooperative manner. Migration was very smooth."
Support services provided for Swift is really up to the mark and meets all clients requirement. Kindly keep this ongoing.