Nelito presents banks with FinCraftTM BI (Business Intelligence) & Analytics platform which in essence will provide 'actionable intelligence' leading to growth of an efficient and dynamic business entity. Using FinCraftTM data analytics and business intelligence for banking, Banks can easily access information regarding the performance of products and thus plan and predict the customer behavior for products in the pipeline. With the help of BI & Analytics solutions, aspects like profitability, sales of products and customer demographics (e.g. segments etc.) can be gauged and analyzed.
FinCraftTM Data Analytics for financial services helps banks become smarter in facing the challenges they face. In addition to basic reporting it offers advanced predictive and prescriptive analytics. This helps banks to drive revenue & profits and reduce risks
Solution from Data Warehousing and Analytics Team of Nelito helps the customer efficiently streamline the process of consolidating large amount of disparate and complex data including both structured and unstructured ones into a user-ready business model and data points. It enables stakeholders from respective line of business and / or analysts to easily analyze, visualize and report data across various sources in a hassle-free way. The source data can be gathered from multiple sources like large Data Warehouses, Transaction Systems, Social Media, Web clickstreams, any soft copy form to build a 360-degree view of the business.
Nelito's BI & Analytics services can be classified into:
With FinCraftTM BI and Data Analytics services, creating a new report is extremely easy by virtue of its drag and drop features. The user can himself define the parameters and then choose the required fields as well as define the periodic intervals for report publishing.
FinCraftTM Business Intelligence and Analytics platform also acts as an executive decision support system, where, based on historical data, the tools such as 'what if' analysis and predictive analysis can be leveraged to arrive at important decisions. Thus, for instance, a bank can evaluate the effect of change in interest rate, of say 25 basis points; will have on cross section of products and services.
The dashboards of FinCraftTM BI and Analytics Solution allows banks to analyze information regarding the performance of products and thus accordingly plan and predict the customer behavior for products in the pipeline. Valuable insights on Profitability, Revenue and Customer demographics can be gauged and analyzed.
The BI & Analytics services also expedites the process of evaluating the product profitability including dimensions such as time frame, customer profiles etc. For instance, a bank can immediately get real time information about the number of footfalls and average amount drawn by customers at a particular ATM; the bank is then able to take decisions about the cash-to-be-stocked and even security required at that ATM center.
FinCraftTM Business Intelligence and Analytics Solution has other benefits including saving on cost and reduced manpower. Moreover, for report writing which usually banks would have to outsource, Nelito's solution enables them to do it in-house, thus maintaining data integrity.
Nelito can support leading Big Data frameworks such as Hadoop besides, Traditional Data Warehousing Methodologies. The idea is effectively consolidating the existing complex data sets of the customer so that business owners can have insights into their businesses.
Following are the benefits of FinCraftTM Business Intelligence and Analytics solutions
Our solutions are available globally. Please visit our country pages for more information
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.
"Nelito has Good knowledge of industry. Good customer orientation. They were Flexible and Open to new ideas and suggestions."
"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."
"Nelito has successfully deployed the Online Reporting and Management Information System (ORMIS), which has streamlined the reporting process and their analysis. Its team is responsive, provided satisfactory support and has sound expertise to deliver time sensitive & critical projects. Exemplary team work."
"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."
"Nelito is known for its exemplary services to the users at all times. Your team provides excellent service and they are pro-active in providing solutions."
"On the whole a professional and capable and competent team. Providing solutions adapted to clientele updated on technology front."
"Proactive & professionally supportive, technically skilled team."
"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."
Exemplary relationship set by Nelito’s PCS team which helps project to grow vertically. We have always been very impressed with the quality of service we have received from Nelito. They are reliable efficient professional and above all truthful. This alone sets them out from much of their competition.
"E-district Manipur project was undertaken and successfully implemented by Nelito in a record time. The online services offered under this project has made a marked difference in the quality of life of the citizens and is taking the state towards a digital Manipur."
"On 20th of November 2016 our bank data was migrated to FinCraft and we have completed one year successfully in FinCraft. So we thank all the team members of both IFTAS and Nelito for your great co-operation in this success. We expect more & more co-operation in implementing new technologies in banking sector from your side in future."
"My bank is working with Nelito from the last about 9 Years and the services provided by the company may prolong our association."
"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."
"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."
"As Vendor strict adherence to process & procedures. Risk Mitigates in Place. Flexible to customer requirements."
"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."
"We appreciate Nelito team who were always on time and responsive to our needs and changing ideas. They worked efficiently from the project inception to its completion in a timely and professional manner. Their understanding of this space has been invaluable to the success and launch of 'PMAY CLSS' app."