NLS Banking Solutions - AXON SACCO & MFI integrated solution, a one stop software for integrated requirements

2. OVERVIEW
• AXON is a core system solution for Micro Finance Institutions
and SACCOS and is blended with a unique technology
• The technology adopted for the solution makes it flexible to use
across the complete life cycle of SACCO’s and MFI’s.
• NLS AXON is perfectly designed for ensuring integrity (with ACID
locking technology) and seamless fault tolerance in any network for
every operation.
1

3. NLS AXON MODULES
 Accounts
 Funds Transfer
 Teller
 Reports, Nquiries & Regulatory Reports
 Interest & Charges
 Limits
 Application Designer
 Exception Handling Core
2

4. NLS AXON MODULES contd..
System Administration
 Document Management
 NLS-CRB (Credit Information Sharing System)
 Reflex – Notification system
 Analysis View (MIS)
Group and Member Management
 Internet Banking
 Mobile Banking
 Loans and Deposits
Group Accounts and Group Loan
 NLS ATM Bridge
 CRM Module
3

5. NLS AXON MODULES contd..
Batch Processing
 General Ledger
 Management Information
 Data warehouse – N-Quest
 NLS Report Generator
 NLS Report Designer
4

6. DATABASE
•
NLS AXON is developed in MYSQL database community edition
to make sure the solution is user friendly and cost effective.
This can be customized to any required database.
•
Our system includes database reporting tool which is custom
made by NLS and can be linked to JASPER, i Reports, Crystal
Reports, etc,
•
NLS AXON runs on MYSQL database where we have a special
database dictionary for AXON to guide all our packs, patches
and future upgrades.
5

7. BENEFITS OF NLS AXON
• Increases the operational efficiency and productivity
• Provides stress free operations across the financial life cycle
• Reduces the turnaround time
• Enhanced functional efficiency
• Modules available based on plug and play
• Self healing and Self Monitoring
• Web based three tier architecture
• Minimal hardware requirements
• Email and SMS channel enabled for notification
• Clear track on Audit trails
• Stress free administration
6

8. LOANS
 Loan module supports interest calculation based on daily,
Monthly, Quarterly and yearly.
 Provides ability to process open and close end loans and cash
advance.
 Handles individual and Group loan products.
 Supports variety of interest rates like Flat rate, Fixed Rates,
Discounted rates, Floating /Variable Rate.
7

9. LOANS contd..
 Generates slips and reports for rejected loans, defaulting
loanee, guarantors for default loanee.
 Past due setup are used to find the customer dues for their
loans at the end of day.
 System has ability to track the status of Loans.
 Provides details of the complete repayment history.
After Completion of Repayment, Loan Account is automatically
closed.
Pre Closure of Loans are also possible.
8

10. MFI LOAN PROCESS FLOW
9

11. GENERAL LEDGER
 General Ledger is so flexible where the lines can be customized
with various combination with various dimensions and for any
future additions/amendments.
 The access to General Ledger can be limited.
 System can be customized for moving average on G/L account
balances.
 System has ability to generate monthly, quarterly, half-yearly and
annually finance statements.
1
0
 A well organized budgeting module is available in our system.

12. COLLATERAL / GUARANTOR MODULE
 System has ability to revaluate collateral, Market value,
Depreciation of collateral.
 System is customized to allow the loans to be repaid by
guarantors.
 System has ability for limit change authorization.
1
1

13. ENQUIRIES AND REPORTS
 Our system is capable of producing reports based on SASRA
standards.
 The cash flow reports can be availed on Company Basis, Branch
Basis, Department basis, User Basis, Customer Basis, Account
Basis, Group Basis, Category Basis, Country Basis, Region Basis
and other customizable parameter Basis.
 Our system incorporates a very flexible trial balance which can be
customized.
1
2

14. LIMITS AND COLLATERALS
 Ability to limit change the authorization
 Ability to provide user defined limits per product per customer.
 Provides collateral values with time and details.
 NLS AXON provides for limits by product by account.
 NLS AXON has ability to calculate the early withdrawal
penalties.
1
3

15. AUDITING
 Audit trails are maintained clearly and perfectly in AXON
with details that include
1
4

16. NLS BRIDGE
 NLS AXON comes with NLS Bridge which helps to interface
the system with any kind of external switches or systems.
SUPPORT
 We have our support department operating 24/7.
 Technical or functional issue popped up in client system is
attended immediately by technical experts in Kampala, Uganda
and Kenya (Head Office) and offshore support team in India.
 The initial support included in the project pack.
 The issues faced by the clients will be submitted as (ISF)
Issue Submission Form.
1
5

17. SUPPORT CONTD…

As and when the issue are logged into our support
portal – the known issues faced by various clients will
be consolidated once in every month

Answered within next 15 days

Packed as a pack or a patch

Published and updated to every client to download the
same.

Every month every client will receive a pack from NLS
Distribution team.
1
6

18. NLS AXON SYSTEM HIGHLIGHTS
• 100% accountability
• Perfect Security
• Clear Audit Trial
• Real Time Synchronization
• High Performance
• Easy Administration for High Volume Banks
• IAS Accounting
• Password Encryption
• Availability of Future Modules for Plug-ins
• Availability of Universal Gateway for any External Interface
• SMS and GPRS channel enabled for Zero Downtime
• Minimal Hardware Requirements
1
7
• Multi-tier Architecture to enhance perfect redundant structure

19. AUTO ADMINISTRATIVE CHANNELS
 AXON is configured with auto channels like Email and SMS
for notifications in case of any event.
NLS AXON SECURITY
 A Comprehensive system security architecture is in place that
incorporates
1
8

20. BASIC REQUIREMENTS
 For a AXON system to be fully configured, it requires
only
 The Main server specifications should be
8 GB Ram (PC / Server)
1
9

21. 2
0