In the coming future, this shall help PSB's to take on oversee newer initiatives and come out with products that will help masses to get the best banking services in the world.
This market positioning though also brings with itself its own set of problems which PSB's have begun to face now. These problems are related to the burgeoning amount of data owing to large no. of customers, their ever-increasing transactions, increasing competition, globalization, partners and frequent mergers/acquisitions which result in their consolidations.
Not only the prices and margins were driven down due to ever increasing competition, but the ever-growing number and scope of regulatory requirements like anti-terrorist, anti-money laundering, risk management and others have increased the burden on administrative, operational and IT resources driving up the total costs.
The need of the hour is that the PSB's must improve the efficiency of operations and take the needed initiatives by improving their marketing & customer relationship management strategies.
The critical factor in achieving both these objectives is to improve Data Governance & Data Stewardship Programs, Enterprise Data Architecture Programs, Meta-Data Programs, Business Intelligence Program which in turn help achieve high quality, efficiently managed data.
Nelito's Data Cleansing solution offers an integrated, enterprise scale, robust platform for Data Stewards/Custodians to perform full breath of data management services including Data Profiling, Standardization, Correction, Enrichment, Transformation, De-duplication, Encryption, Masking and Integrated Exception Management.
Nelito's Data Cleansing platform is proprietary innovative and first-in-industry data cleansing and mining web based enterprise scale solution. Data Cleansing supports seamless data source integration, automatic data extraction, cleansing, match & merge, cluster analytics, archival management from virtually any cluster of enterprise system. It builds its big data information extraction & analysis capability by leveraging Apache's Hadoop.
It adheres to SaaS Level 3 (on a scale of 0 to 3) Maturity where multiple Business Process are hosted on a single instance, deployed on a load-balanced farm of servers, with each Business Process data being kept in isolation.
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.