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Must Deploy Core Banking Solutions (CBS)
Reasons Why Banks6
info@sesameindia.com | www.sesameindia.com
02info@sesameindia.com | www.sesameindia.com
PRESENTATION LAYER
/ WEB BROWSER
SECURITY
Retail
Banking
OSS/ALM
/AML
& Delivery
Channels
DMS
Module
HR and
Module
SMS/
Mobile/
Internet
Banking
PACS
Module
Head
Office
Operation
Any Branch
Banking
CORE
BANKING
APPLICATION
DATA LAYER
INTERFAE
EXTERNAL
DEVICE/
SYSTEM
MOBILE BANKING
GATEWAY, MAILING
SYSTEM
EXTERNAL DEVICES
CORE BANKING
SOLUTIONS –
IN A NUTSHELL
APPLICATION LAYER
03info@sesameindia.com | www.sesameindia.com
REASONS TO DEPLOY CBS IN BANKS
INTERNAL FACTORS EXTERNAL FACTORS
Why Need
CBS?
System flexibility
Legacy systems
/ Obsolete processes
Legacy systems/Obsolete processes
Cost efficiency
Regulatory requirements
Competition
Customer demands
Banks must expand their product line with new offerings such as internet
and mobile banking, digital payments etc.
To make this happen, they need to own highly flexible and extensible
solutions that may integrate with new requirements / processes without
any hassles.
For this, a comprehensive and flexible CBS is the key – one that can be
transformed easily as and when needed.
System Flexibility
04info@sesameindia.com | www.sesameindia.com
1st
Many banks and other financial institutions still operate on legacy systems
that come from 1970’s and 1980’s.
They follow obsolete technology and processes, which are incapable of
meeting customer demands and overall business efficiency.
As a result, problems associated with redundancy, manual input of infor-
mation and delayed response time persists.
Core Banking Systems help get rid of these inefficiencies and reframe
better processes.
Legacy Systems / Obsolete Processes
05info@sesameindia.com | www.sesameindia.com
2nd
Banking and its associated activities may be a costly affair, if not managed
appropriately in today’s macroeconomic environment.
Core Banking Solutions can add to internal IT efficiency of banks by
optimizing costs, consolidating the stand-alone system applications and
more.
Cost Efficiency
06info@sesameindia.com | www.sesameindia.com
3rd
In recent times, particularly after the financial crisis, there has been a
significant rise in regulatory requirements for banks.
To ensure these requirements are met and standards are maintained, Core
Banking Systems must be installed.
A well-suited CBS would make it certain that the systems are integrated
with all regulatory compliances.
Regulatory Requirements
07info@sesameindia.com | www.sesameindia.com
4th
Banks must continually try to introduce new functionalities, products or
services and features to expand their horizon.
With soaring competition, banks must focus on product development and
drive innovation to have an edge over their competitors.
With the stiff competition, the time-to-market strategies employed by the
bank plays an important role in reaching target audience.
Core Banking Solution enable banks to identify new needs, map the
required processes and satisfy customers to stay on top of competitors.
Competition
08info@sesameindia.com | www.sesameindia.com
5th
The modern customer demands and expects every new banking facility
that can enhance their convenience and empower them getting control
over their finance.
Customers expect greater personalization in products and services offered
by banks. Banks must be up-front to satisfy and delight their customers by
all means.
Customer’ experience when interacting with the bank, whether in-person
or through other channels must be uniform, simple and highly efficient to
entice customers.
A customized core banking system can provide customers with a unified
view to view and track their financial information.
Customer Demands
09info@sesameindia.com | www.sesameindia.com
6th
BeaconPro is a centralized, browser-based core banking solution that is
user-friendly and offers a world of convenience to users.
With this software, banks can generate various MIS reports, analyze
business and make effective decisions.
It integrates bank’s front and back office operations and gives real-time
stats on finances.
It helps manage a huge customer repository along with all financial data
to serve them efficiently and maximize profitability.
It is fully compliant with RBI standards.
ABOUT BEACONPRO – A PRODUCT OF SESAME
10info@sesameindia.com | www.sesameindia.com
Banks and other financial institutions can schedule a FREE demo to better under-
stand the features of BeaconPro and judge its capabilities.
where they can avail the real-time benefits of BeaconPro.
15Bank authorities can also request for a FREE trial Days
Free Demo and Trial
12Info@sesameindia.com | www.sesameindia.com e-village
www.sesameindia.com | info@sesameindia.com
/Sesamesoftwaresolutions
/company/sesame-software-solutions-pvt-ltd-india
/sesameindia
Thank You
MyBank

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Core Banking Software Solutions Beacon Pro - Sesameindia PVT LTD

  • 1. Must Deploy Core Banking Solutions (CBS) Reasons Why Banks6 info@sesameindia.com | www.sesameindia.com
  • 2. 02info@sesameindia.com | www.sesameindia.com PRESENTATION LAYER / WEB BROWSER SECURITY Retail Banking OSS/ALM /AML & Delivery Channels DMS Module HR and Module SMS/ Mobile/ Internet Banking PACS Module Head Office Operation Any Branch Banking CORE BANKING APPLICATION DATA LAYER INTERFAE EXTERNAL DEVICE/ SYSTEM MOBILE BANKING GATEWAY, MAILING SYSTEM EXTERNAL DEVICES CORE BANKING SOLUTIONS – IN A NUTSHELL APPLICATION LAYER
  • 3. 03info@sesameindia.com | www.sesameindia.com REASONS TO DEPLOY CBS IN BANKS INTERNAL FACTORS EXTERNAL FACTORS Why Need CBS? System flexibility Legacy systems / Obsolete processes Legacy systems/Obsolete processes Cost efficiency Regulatory requirements Competition Customer demands
  • 4. Banks must expand their product line with new offerings such as internet and mobile banking, digital payments etc. To make this happen, they need to own highly flexible and extensible solutions that may integrate with new requirements / processes without any hassles. For this, a comprehensive and flexible CBS is the key – one that can be transformed easily as and when needed. System Flexibility 04info@sesameindia.com | www.sesameindia.com 1st
  • 5. Many banks and other financial institutions still operate on legacy systems that come from 1970’s and 1980’s. They follow obsolete technology and processes, which are incapable of meeting customer demands and overall business efficiency. As a result, problems associated with redundancy, manual input of infor- mation and delayed response time persists. Core Banking Systems help get rid of these inefficiencies and reframe better processes. Legacy Systems / Obsolete Processes 05info@sesameindia.com | www.sesameindia.com 2nd
  • 6. Banking and its associated activities may be a costly affair, if not managed appropriately in today’s macroeconomic environment. Core Banking Solutions can add to internal IT efficiency of banks by optimizing costs, consolidating the stand-alone system applications and more. Cost Efficiency 06info@sesameindia.com | www.sesameindia.com 3rd
  • 7. In recent times, particularly after the financial crisis, there has been a significant rise in regulatory requirements for banks. To ensure these requirements are met and standards are maintained, Core Banking Systems must be installed. A well-suited CBS would make it certain that the systems are integrated with all regulatory compliances. Regulatory Requirements 07info@sesameindia.com | www.sesameindia.com 4th
  • 8. Banks must continually try to introduce new functionalities, products or services and features to expand their horizon. With soaring competition, banks must focus on product development and drive innovation to have an edge over their competitors. With the stiff competition, the time-to-market strategies employed by the bank plays an important role in reaching target audience. Core Banking Solution enable banks to identify new needs, map the required processes and satisfy customers to stay on top of competitors. Competition 08info@sesameindia.com | www.sesameindia.com 5th
  • 9. The modern customer demands and expects every new banking facility that can enhance their convenience and empower them getting control over their finance. Customers expect greater personalization in products and services offered by banks. Banks must be up-front to satisfy and delight their customers by all means. Customer’ experience when interacting with the bank, whether in-person or through other channels must be uniform, simple and highly efficient to entice customers. A customized core banking system can provide customers with a unified view to view and track their financial information. Customer Demands 09info@sesameindia.com | www.sesameindia.com 6th
  • 10. BeaconPro is a centralized, browser-based core banking solution that is user-friendly and offers a world of convenience to users. With this software, banks can generate various MIS reports, analyze business and make effective decisions. It integrates bank’s front and back office operations and gives real-time stats on finances. It helps manage a huge customer repository along with all financial data to serve them efficiently and maximize profitability. It is fully compliant with RBI standards. ABOUT BEACONPRO – A PRODUCT OF SESAME 10info@sesameindia.com | www.sesameindia.com
  • 11. Banks and other financial institutions can schedule a FREE demo to better under- stand the features of BeaconPro and judge its capabilities. where they can avail the real-time benefits of BeaconPro. 15Bank authorities can also request for a FREE trial Days Free Demo and Trial 12Info@sesameindia.com | www.sesameindia.com e-village