NikshepCBS is a main banking program (CBS) specially tailor-made for the co-operative banking sector in India. This is 1 of the very best scalable and secured main banking programs in the banking application business, which presently has received a key market share in the co-operative banking sector in northern Kerala and other Indian states. NikshepCBS was introduced with the aim to offer vast assortment of features and prospects for the smaller banks to contend with the even bigger financial institutions and/or nationalized financial institutions. The title “Nikshep” is derived from a Sanskrit phrase which implies “Treasure”. As the title implies, NikshepCBS will help each the bank and its buyers to control their “treasure”.
It is a entirely browser-based mostly internet software which is produced on ASP.Web system and its N-Tier architecture makes the deployment far more scalable and secured. In addition to it, SSL enabled info transfer makes the transportation layer encrypted and secured. Particular challenging needs like DOS printing and other gadget interfacing this kind of as Palm-tech, ATM, Weighing equipment and so on has been enabled and easily accessible to the buyers.
NikshepCBS is completely a system impartial at the customer (conclude-consumer) stage, and the application is hosted on Home windows/ASP.Web platform which needs to be regarded as someday as a drawback or drawback considering the proprietary licensing price incurred for the server servicing. An successful parameterization at the product, module, branch, and bank amount minimizes consumer certain customizations and provides a fast deployment/implementation.
A advanced reporting engine aids the consumer to generate all required reports this sort of as every day studies, periodical reports and the once-a-year reviews virtually immediately. There are great deal of other stories already enabled in the reporting module. Making use of crystal reviews as its reporting motor is an additional downside which demands to be critically re-looked.
NikshepCBS arrives with extensive choice of characteristics. globalbankingandfinance.com/banking-upheavals-smes-are-left-behind/ is compatible with all the major databases including MSSQL, MySQL, Oracle, and so forth. Modules such as Buyer Management, Shares, Loans, Deposits, KYC Norms, Remittance, Charges Management, Clearing, Locker, and so forth are presently resolved and the centralized database management guarantees quick and reputable actual-time transaction updates. User friendliness is preserved through the application to make certain quick understanding and usability which will help the person to navigate successfully within the technique.
NikshepCBS has been awarded with a lot recognition from the person teams of the Co-operative Banking sector in the northern and Travancore region of the Kerala point out, INDIA.