Scribd Logo
Upload

Welcome to Scribd!

  • 106 views

    Saraswat Infotech Limited

    Uploaded by

    Rekha Rajan
    Saraswat Infotech Limited (SIL) provides IT solutions and services to banks, with a focus on core banking. SIL's flagship product is SwiftCore, a robust and efficient core banking solution that enables banks to provide customers with online banking. SwiftCore has a modular design allowing customization, and uses a multi-tier architecture integrated with other channels like ATMs, internet banking, and SMS banking. Some of SIL's banking clients in India include Saraswat Co-operative Bank and Raigad District central Co-operative Bank.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd

    Saraswat Infotech Limited

    Uploaded by

    Rekha Rajan
    106 views2 pages
    Saraswat Infotech Limited (SIL) provides IT solutions and services to banks, with a focus on core banking. SIL's flagship product is SwiftCore, a robust and efficient core banking solution that enables banks to provide customers with online banking. SwiftCore has a modular design allowing customization, and uses a multi-tier architecture integrated with other channels like ATMs, internet banking, and SMS banking. Some of SIL's banking clients in India include Saraswat Co-operative Bank and Raigad District central Co-operative Bank.

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Saraswat Infotech Limited (SIL) provides IT solutions and services to banks, with a focus on core banking. SIL's flagship product is SwiftCore, a robust and efficient core banking solution that enables banks to provide customers with online banking. SwiftCore has a modular design allowing customization, and uses a multi-tier architecture integrated with other channels like ATMs, internet banking, and SMS banking. Some of SIL's banking clients in India include Saraswat Co-operative Bank and Raigad District central Co-operative Bank.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    106 views2 pages

    Saraswat Infotech Limited

    Uploaded by

    Rekha Rajan
    Saraswat Infotech Limited (SIL) provides IT solutions and services to banks, with a focus on core banking. SIL's flagship product is SwiftCore, a robust and efficient core banking solution that enables banks to provide customers with online banking. SwiftCore has a modular design allowing customization, and uses a multi-tier architecture integrated with other channels like ATMs, internet banking, and SMS banking. Some of SIL's banking clients in India include Saraswat Co-operative Bank and Raigad District central Co-operative Bank.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Saraswat Infotech Limited (SIL) - SwiftCore - core banking solution Overview: Saraswat Infotech Limited (SIL), a wholly owned

    subsidiary of Saraswat Bank, is a provider of information technology solutions to the banking and financial services industry through a comprehensive range of products and customized service offerings. Founded in 2005, SIL provides end-to-end business and technology solutions to clients in various areas of expertise. SIL is an ISO 9001:2008 and 27001:2005 certified company driven by highly-trained staff operating and practicing unique customer-centric methodologies. Strong Focus on Financial Industry - Differentiating from other vendors, SIL has set itself a clear vision of being a leading service provider in Banking Solutions segment. Using their advantages well could give SIL an edge over others in terms of acquiring domain knowledge, developing skill sets in all functional areas, and understanding the usage of technology across all areas and functions of banking. SIL products and services incorporate deep business functionality. These products have enabled customers to differentiate their services, making them more competitive in the market place. Solutions Approach - SIL approaches each customer's needs with banking domain expertise to understand their requirements, and then formulates a solution that matches those needs. In consultation with the customer, SIL examine the industry proven modules and suites that we already have, and do a gap analysis of needs vs. product offering. Subsequently, SIL can tailor the features of the product to meet the business and technology needs. Customers can expect to leverage the advantages of proven products and of tailored solutions that can help them differentiate their services and win more customers. SIL targets its offerings to meet the end-to-end requirements of IT solutions implementation in the Banking and Financial sector. Products: SwiftCore Core Banking Solution SwiftCore is described as a robust and efficient core banking solution for addressing the changing needs of the banking industry. Implementing SwiftCore enables banks to provide customers with 'anytime from anywhere' banking. Functional Features Real-time Straight Through Processing Unified Customer view Centralized MIS & Decision Support Multiple delivery channels integrated with SwiftCore enabling 24X7 anywhere anytime banking Online Audit which helps Banks auditors to verify compliance and analyze any violations Screen Level Security Password Management Parameter Based Over-ride, Access Control Lists/ Group Security Technical Features Seamless integration of Front Office services delivery to the Back Office processing & analysis Scalable Architecture N-Tier design Object Oriented Code Open ended Interface Capability Central or Cluster Database Support Enterprise wide network security Limits Well-equipped with robust messaging back-end to handle account network latency & communication bottlenecks SwiftCore, in conjunction with its associated surrounding applications, automates every aspect of a bank's operation uniting front, middle and back-office processes in real-time. Branch automation provides core application functionality round-the-clock to branch networks and customer-facing interfaces. It is a proven banking solution with an integrated state-of-the-art interface with all delivery channels viz., ATM, SMS Banking, Kiosk, Internet, etc. The system offers fast product launching capability, support for all delivery channels, true 24x7 anytime, anywhere service with no downtime.

    It also has an administration module which allows a single point of administration for all its services. It factors in application provisioning services. Detailed audit trails and application monitoring capabilities can be accessed from the administration module. Retail Banking Module Customer Information Management Savings & Current Bank Account Term Deposits Standing Orders Interest Calculation Loans & NPA Management Demand Drafts Limits Inward Bills Head Office Module Central Accounts Department Centralized Stationery Inventory Management Inter-Branch Transactions Reconciliation Cash Management & HO Petty Cash Premises & Other Fixed Asset Management Credit & Recovery Management Audit & Inspection Investment & Fund Management Centralized Clearing Bank Accounts Management & Reconciliation Payroll & Leave Management Member Shares & Liability Accounting Final Accounts Consolidation System / User Administration ( for more information see Saraswat Infotech Limited | SIL) Platform: SwiftCore has a robust messaging back-end, which can take into account network latency and communication bottlenecks. It features a multi-channel information delivery system that is capable of delivering information to a variety of clients. These could range from desktop clients to browsers, ATM/POS and information in the form of XML for further processing. SwiftCore is designed on an n-tier architecture incorporating 3 tiers in its design viz. the front-end tier comprising the user interface, the middle tier comprising the business logic and the backend tier comprising the database. Clients: in India Saraswat Co-operative Bank Raigad District central Co-operative Bank The Gondia District Central Bank Nagar Urban Co-op. Bank Chembur Nagrik Sahakari Bank Maratha Co-operative Bank Rajarshi Shahu Sahakari Bank Navi Mumbai Sahakari Bank The National Co-operative Bank The Kukarwada Nagarik Sahakari Bank Setu Co-op. Credit Society Parashwanath Patpedhi Sahakari Patsanstha Maryadit Sarvodaya Co-operative Bank Durgapur Steel Peoples Co-operative Bank Sanmitra Sahakari Bank Complete Agricultural Advances (DCCB specific) No Frills Accounts Cheque Books Lockers Charges Pay Orders Teller Operations Outward Bills Letter of Credit

    You might also like