FAQs

What is data archival?

Data archival involves the migration of legacy data from various applications into a common schema which acts as a repository or archive for the data for as long a period as required. FinDART is the Nelito's data archival product. FinDart is a centralized web based solution.

Can FinDART offer complete data archival?

FinDART can be used for complete data archival or selected data archival. Although complete data archival services is associated with no data loss, it is resource hungry and thus selected data archival services is generally preferred despite partial data loss.

Can the bank's existing legacy applications be migrated to FinDART without any hassles?

About 28 legacy applications have been migrated successfully to FinDART and the bank's legacy application can also be migrated.

What are the different databases which FinDART has migrated?

FinDART has accessed and retired a variety of databases including Oracle, IBM DB2, MS SQL, Sybase, COBOL / Bitreve, ASCII – text, MS Access and MS Excel.

What are the features present in FinDART that are advantageous to banks?

FinDART can retire a wide variety of legacy systems and databases, it offers unchanged data archiving if so required, automates the process of archival of data, presents keyword based information retrieval and helps the banks In complying with regulatory requirements among a host of other benefits.

Can FinDART be used only for transactional data?

FinDART is not just used for transactional data and it is also used to store master and reference data. Moreover metadata is also stored.

Does FinDART support restricted access to data?

FinDART has password based access mechanism to safeguard access to application and database instances. Based on user rights, FinDART also allows user to view, print and download the report or query the database instances. Active directory and third party integration is also enabled.

What reports does FinDART offer?

FinDART offers various reports with regards to CA/SA details, Term deposit, Loans and advances, General Ledger, Clearing, Trade Finance and other miscellaneous reports.

Does FinDART also validate and ensure data consistency?

The extracted data is validated for completeness, accuracy and quality.

Can FinDART be implemented with the bank's existing core banking system or does the bank have to migrate tso a new core banking system?

FinDART can be implemented in 2 methods: It can either be implemented with the banks existing core banking application or if the bank so desires it can be implemented along with a new core banking system.

Can FinDART generate customer reports as needed by the bank?

Existing reports in FinDart can be customized to meet the needs of the bank and additional reports can also be developed as per the requirements of the customer. Even the existing query engine can be customized as per the requirements of the customer.

CLIENT SPEAK

  • 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

    R. Ganesh (Senior Manager)

    Indian Overseas Bank
  • Overall we are happy with the services provided by Nelito. The implementation team is sensitive to our support requirements and does a good job.

    Vinayak Khadye (Chief Digital Officer)

    Finanzmart Services Pvt Ltd
  • 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.

    N Sampath Kumar (Branch Manager)

    Corporation Bank
  • 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.

    Prateek P Katyal (CTO)

    WheelsEMI Pvt. Ltd
  • "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."

    Ananda Padebettu (IT Manager)

    The Nav Jeevan Co-op Bank Ltd.
  • "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."

    Chairman

    The Nainital Bank Ltd.
  • "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."

    IT Head

    Sonata Finance Pvt. Ltd.
  • CBS

    "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."

    Assistant General Manager (CBS)

    United Bank of India
  • Custom Application Development testimonial

    "Proactive & professionally supportive, technically skilled team."

    General Manager

    Federal Bank
  • DGM

    "My bank is working with Nelito from the last about 9 Years and the services provided by the company may prolong our association."

    Sikander Gupta | CEO

    The Jammu Central Co-op Bank Ltd.
  • DGM

    "Knowledge and service provided to the bank is beyond expectation. And we would definitely engage and recommend solution to others."

    Rachelle F. Rivas | IT Project Manager (Senior Manager)

    Bank of the Philippine Islands (BPI)
  • DGM

    "As Vendor strict adherence to process & procedures. Risk Mitigates in Place. Flexible to customer requirements."

    Dinesh Negi | VP (Clg)

    DCB Bank Ltd
  • DGM

    "Everything was successfully implemented and tested. The implementation was professionally done in a very efficient and cooperative manner. Migration was very smooth."

    Frithjof Ramb | Vice President

    SBI- Frankfurt, Germany
  • DGM

    Support services provided for Swift is really up to the mark and meets all clients requirement. Kindly keep this ongoing.

    Rudolph Banis | Head - IT CBS and Application Management

    IndusInd Bank
  • DGM

    Excellent

    Navin A Bijur | Manager - IBD

    The Shamrao Vittal Coop Bank Ltd