connexicatech

Core Banking Solution

What is Core Banking Solution (CBS)?

Today, the banking industry has transformed significantly, evolving from basic functions like deposits and loans to a comprehensive range of products and services known as core banking. Core banking refers to a centralized system developed by banks to facilitate transactions for clients irrespective of their location, overcoming geographical barriers. The term “CORE” stands for “Centralized Online Real-time Exchange,” emphasizing the centralized data centers that provide applications accessible to bank branches. Core banking solutions now extend beyond retail clients to cater to corporate clients, offering a complete suite of banking services.

What Connexica Technologies Pvt. Ltd. offers?

Our company excels in CBS Implementation/Deployment, a core competency of ours. We tailor CBS apps extensively to meet banks’ specific needs, integrating them seamlessly with various sub-systems including online and batch interfaces. Our CBS services encompass comprehensive training for bank personnel across different areas, ranging from testing and BPR to application audit and functional expertise. Additionally, we offer CBS Business & Technology Consulting Services (CBTC), covering post-deployment services like application maintenance, L1 and L2 support, version migration, and more. Our expertise extends to CBS architecture, Finacle schemas, installation, tools, and services, ensuring a thorough and efficient implementation process.

Implementation Services:

  1. User Training and Acceptance & Research Simulation
  2. Data Mapping and Migration
  3. Go-Live Support and Post-Live Assistance in Identifying System Gaps

Custom Application and Interface Development:

  1. Methods and Tools for Customization
  2. Delivery Channels and Third-Party Web Interface Customization
  3. Batch Interface for Tailored Modifications

Post-Deployment Support:

  1. CBS Help Desk for L1 and L2 Support
  2. CBS Handholding and Branch Rollout: Pre-migration Operations, Data Extraction and Upload, Branch Migration Support
  3. Customization Corrections and Live/Post-Live Support for CBS Migration: Ensuring Consistency

Training Programs:

  1. Retail Banking Training for End Users
  2. Advanced Training, including DBA Training
  3. Technical Training for Core IT Team
  4. Refresher Courses for Bank Auditors