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| xBAFS
- Comprehensive Integrated Banking |
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Core Banking
|
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| The xBafs Front Office modules are
designed to help the bank manage customer
oriented operations. The integrated
nature of the product ensures that all
customer operations can be handled in
a quick and efficient manner and all
transactions are linked to General Ledger. |
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| All banking operations from ‘Beginning
of Day’ through ‘End of Day’ are incorporated
in the xBafs Front Office modules. |
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| Front Office |
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- Customer Account Management — comprehensive
coverage of various types of customer
accounts
- Cash, Cheque, Transfer and Clearing,
Standing Instructions
- Bills, Letters of Credit and Bank Guaranty
- Loan processing
- Interest
Calculation
- Trade finance
- Fixed asset management
- Foreign Exchange and Multicurrency Management
- Beginning and End Of Day Controls
|
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| Back Office |
| The xBafs Back Office modules address
the complex and time intensive operations
that are handled by the back office
of all banks. These modules incorporate: |
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- Chart of Accounts
- Trial Balance
- Balance Sheet
- Profit and Loss Account
- Inter Branch Reconciliation
|
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Corporate Management |
| The xBafs corporate management modules
enable the management team generate
and view various reports and statistics.
Institutions can also manage litigation,
investments and assets. |
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| The corporate management modules include: |
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- Consolidation of accounts and reports
- Statutory Returns
- Investment
- Bank Reconciliation
- Cheque Clearing
- Management Information System
- Litigation Management
|
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Document Management & Workflow |
| Banking operations are usually very
document centric and require extensive
paperwork and record keeping. Documents
move back and forth between various
work centers such as: |
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- Bank and customer
- Between bank branches
- Between different banks
|
Critical documents need to be available
on demand across various work centers.
xBafs incorporates integrated document
management and workflow capabilities
that ensure that documents are available
on demand. This ensures :
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- Documents necessary to take and support
decisions are available when required
- Increased quality of service
- Documents are secure and available to
all authorized users at all times
- Documents do not get misplaces or
degrade in quality due to repeated handling
- Reduced costs due to the reduction in
the need to photocopy
|
| Integrated workflow allows institutions
incorporate document routing and tracking
around existing and well established
business processes. Document centric
functions that require movement of documents
can be streamlined and the decision
making process can be made faster. For
example: |
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- Loan processing
- Property
- Human resources
|
| The tight integration of the document
management and workflow module with
Microsoft Office components and MS Exchange
enables seamless transfer and movement
of information . |
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|
The Document management and
workflow module was the winner in the
Microsoft Office System Solution Builder
Program 2003. |
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Security and User Management |
| The xBafs Security and User Management
System allows xBafs administrators implement
module level and transaction level security
and also manage xBafs users. xBafs provides
for very fine granularity while granting
permissions to users for specific banking
operations. |
