• FincraftTM Core Banking Software Solution

    Smarter banking that's streamlined and flexible

Overview - FincraftTM Core Banking Software Solution

Transformation in core banking today is faster than ever. Technologies like blockchain, artificial intelligence, mobility, big data are evolving rapidly and this is disrupting the prevalent business models of banks. Today's customers are trailblazers and are adopting these recent technologies which has changed the way they interact with their banks.

Financial Institutes are looking to fill this gap between customer expectations and the way conventional banks operate. How can your bank make things happen for its customers amidst this digital disruption? The secret to its success is the dual strategy of New and Renew with FinCraftTM Core Banking Solutions.

FinCraftTM Core Banking Solutions enables you to drive innovation and growth, provide seamless customer experience and achieve operational excellence.

Our CBS is a comprehensive core banking software solution for banks built on advanced web technologies. Its platform-independent, open-system architecture and cutting-edge technology enables smooth integration with existing and future systems of financial institutions. It helps automate front-end and back-end processes of banks to achieve centralized and smooth processing.

FinCraftTM:Overview of Framework

Key Features

Door to Door services – Account Opening/Collection/Withdrawal

Support KCC – Kisan Credit Card Functionality

Omnichannel

Straight through processing

Complete front and back office solution

Customer-centric Architecture, Real-time 360-degree view of customer relationships

Provision of Login security, Module wise rights, Account rights, System locks

Banking-finance including general ledger and reporting

Agile Solution, highly extensible through parameterization and user-driven customization

Ready with the latest RBI guidelines

Bug-free and proven solution

Enabled Customer facing Mobile App

WhatsApp/SMS/E-Mail/Miscall/IVR/Long Code/Short Code Service API integration

Ready with NFS/POS/ECOM/IMPS/UPI Switch Interface

Benefits

  • Anytime anywhere banking through multiple channels
  • Real-time, complete customer information
  • Product builder
  • Manage Growth with proven scalability
  • Drive collaboration with ecosystem through open API
  • Flexible and Faster time to market
  • Insightful reports for better decision making
  • Ready with MIS & Statutory Reports

Evolution of FinCraftTM Core Banking System

2021

In 2021 Successfully implemented FinCraft CBS in Nepal

  • Nelito Systems was named as a CBS Provider in 2021 Gartner report titled. "A Banker's Guide to Core Banking Solutions for Emerging Asia/pacific"
  • Cited in Forrester's Global Banking Platform Deals Survey 2021.

2020

Nelito has been recognized as a STAR in the IBSI ANNUAL GLOBAL SALES LEAGUE TABLE | 2020 (SLT 2020) under Retail Banking System category

2019

Entered into Cambodia, Nepal, Myanmar

  • Nelito was featured in Forrester's Global Banking Platform Deals Survey 2019
  • Nelito was featured in the Latest IBS Intelligence Sales League Table (ISLT 2019)

2017

  • Feature in Forrester's Global Banking Platform Deals Survey 2017 report
  • Nelito wins "The Best IT Solution Provider of the Year" Award at NBFC100 Tech Summit 2017

2016

FinCraft 3.0

Enhance User Interface and Reburst SOA Architecture with increased scalability & Performance

  • Nelito wins IMC Digital Technology Awards 2016 - IT Services Award (SME)
  • Featured in Forrester's Global Banking Platform Deals 2016 report
  • Nelito awarded the NexGen Bank Award for the Best use of Cloud Services - IFTAS - 2016
  • Featured in Banking Platforms in the Cloud 2016

2009

FinCraft 2.0

CBS Implemented in On-Premise and Cloud environments

  • Listed as a Representative Vendor in the Asian Core Banking Market in Gartner's A Banker's Guide to Asian Core Banking Solutions, July 31, 2014
  • Cited in Gartner's Magic Quadrant for International Retail Core Banking. 13 November 2014 as regional player.
  • Feature in Forrester's Global Banking Platform Deals Survey 2015 report

2007

FinCraft 1.0

Core Banking Solution for centralized banking

2002

TBA

Total Branch Automation Solution

Core Banking Transformation Strategy

Digital Customer Experience
Fintech Collaboration
Process Innovation & Optimization
  • Digital Platform
  • Omni Channnel
  • Mobility
  • Service Enablement
  • Open API
  • Process Automation
  • Machine Learning
  • Operational Simplicity
  • Agile

Testimonials

  • Service Desk support on the day to day issues have been improved and meets expectation. Product enrichment done from the initial implementation is good. The ability to really listen to customers is so crucial for providing great service, Nelito's service is really good.

    Kunal Uttamrao Jadhav (AGM IT)The Wahsim Urban Cooperative Bank Ltd., Wahsim

  • Our Bank is attached with Nelito Systems Ltd since 2002 and migrated to CBS on Fincraft CBS Core Banking Solution of Nelito Systems Ltd, in the year 2005. The application is functionally rich, user friendly and easy to navigate. We are using other supporting interfaces of Nelito like anywhere ATM, SMS Banking, RTGS/NEFT, Share Accounting etc and it has helped us in smooth automation of banking operations. The bank is getting more time for Business Development. We are fully satisfied with the services and support being provided to our institution by Nelito Systems Ltd and hope to get the same in future also

    V P Bhandari (Managing Director) Hindu Co-operative bank

  • "Fincraft CBS software & Doorstep Banking Solution helps our society's functionality towards digitalization & paperless working. It reduces our manpower requirement and workload, also gives us fast reporting for our institution as and when required."

    ChairmanMahavir credit coop society

  • "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."

    K.T. Wadia ( CEO )The Sutex Co-op Bank Ltd

  • 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. The Bank is satisfied with Products delivered by M/S Nelito Systems Pvt. Ltd.

    D K Kandpal (VP - IT)Nainital Bank

  • We've been working with Nelito Systems Ltd since 2009. Working with Nelito Systems Ltd is truly the great experience. They offered fresh ideas & thoughts about CBS and worked non-stop to accommodate our needs & desires. They are truly and elite company with caring & compassionate employees who are willing to help their clients achieve a quality end product.

    Sudeep Desai / Chirag Patel (I.T. Officer)The Baroda City Co-Op Bank Ltd.

  • Our bank is using Fincraft, CBS of Nelito system since 2011. The application is functionally rich & user friendly and easy to navigate. The convenience of integrating other supporting applications of Nelito CTS, NEFT, RTGS, HO Module (share), Loan Origination, Internet Banking etc. helped us in smooth automation of various banking operations. We are very much thankful for providing such a good technology of coop banking sector and hope better performance in coming days. Wish You All the Best.-

    Gunvantbhai Shah (Vice Chairman)Mahudha Nagrik Sahakari Bank

  • Our Bank is attached with Nelito Systems Ltd since a very long time and adopted Nelito Systems Ltd as CBS Banking Application Vendor. The application is functionally rich, user friendly and easy to navigate. We are using other supporting interfaces of Nelito like anywhere ATM, SMS Banking, RTGS/NEFT, Share Accounting etc and it has helped us in smooth automation of Banking operations. The bank is getting more time for Business Development

    Prem Nath (CEO)The Nakodar Hindu urban Co-op Bank

Happy Clients

Implemented CBS in 100+ Credit Unions and Credit Societies

  • Pala Urban Bank
  • JSCB logo
  • JDCC Bank
  • Mahuva Nagri
  •  Banas Bank
  • PCUB Bank
  •  Palus Bank
  • Nav Jeevan Bank
  • Mansa Nagrik Bank
  • Sri Baghvati
  • SJSB Bank
  •  NDCC
  • Dilip Urban Co-operative Bank

  • Kattappanna UCB

  • The Triuvalla UCB

  • Blog

    Best Practices For Upgrading Your Core Banking Solution+ Learn More

  • Next Generation Core Banking Solution: 7 New Features

    Blog

    Next Generation Core Banking Solution: 7 New Features+ Learn More

  • Blog

    The inside story on transforming core banking systems+ Learn More

  • Blog

    What Is Core Banking Solution (CBS)?+ Learn More

  • Becoming a Digitally enabled bank

    Blog

    Becoming a Digitally enabled bank+ Learn More

  • 5 ways in which a financial institution can begin its digital transformation

    Blog

    5 ways in which a financial institution can begin its digital transformation+ Learn More

FinCraftTM:Overview of Framework
Core Banking Solution for centralized Banking
Enhanced User Interface and Robust SOA Architecture with increased scalability & Performance
Entered into Cambodia, Nepal, Myanmar
Listed as a Representation Vendor in the Asian Core Banking Market in Granter's A Banker's Guide to Asian Core Banking Solution, July 31, 2014

Cited in Granter's Magic Quadrant for International Retail Core Banking 13 November 2014 as regional player.

Featured in Forrester's Global Banking Platform Deals Survey 2015 report
Featured in Forrester's Global Banking Platform Deals Survey 2017 report

Nelito wins "The Best IT Solution Provider of the Year" Award at NBFC100 Tech Summit 2017
Nelito System was named as a CBS Provider in 2021 Gartner report titled, "A Banker's Guide to Core Banking Solution for Emerging Asia/Pacific"
Cited in Forrester's Global Banking Platform Deals Survey 2021
Nelito wins IMC Digital Technology Awards 2016 - IT Services Award (SME)

Featured in Forrester's Global Banking Platform Deals 2016 report

Nelito awarded the NexGen Bank Award for the Best use of Cloud Services - IFTAS - 2016

Featured in Banking Platforms in the Cloud 2016
Nelito was featured in Forrester's Global Banking Platform Deals Survey 2019

Nelito was featured in the latest IBS Intelligence Sales League Table (ISLT 2019)
Nelito has been recognized as a STAR in the IBSI ANNUAL GLOBAL SALES LEAGUE TABLE | 2020 (SLT 2020) under Retail Banking System category.
Total Branch Automation Solution
CBS implemented in On-Premise and Cloud environments
In 2021 Successfully implemented FinCraft CBS in Nepal.
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