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The
co-operative credit segment being an integral and crucial
part of the Indian Financial system has started to understand
and appreciate the utilities of information technology. Toeing
on these lines Synergic Softek Solutions has developed a wide
range of product offerings for this segment.
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SYNERGIC
SOFTEK SOLUTIONS undertook the development of a software system
for TBA implementation. The company has over 50 person-years of
experience in handling banking projects for major co-operative and
rural banks in India. A team consisting of technical and subject
matter experts developed Banking Systems Architecture (BSA), which
supports the definition of products for various functional areas
of banking. The application – currently launched as SYNERGIC
BANKING has been enhanced over time to increasingly suit the
needs of banks.
Synergic Banking, a flagship product of Synergic
Softek Solutions.
Its
high degree of parameterization, flexi-centric architecture and
ease of use have made ‘Synergic Banking’ the most widely deployed
branch automation product in the Indian banking industry.
Flexibility,
usability, parameterization and
modularity are among the chief concerns in the design of SYNERGIC
BANKING. The system can be implemented in several types of banking
setups, for computerizing a large range of banking functions. Its
portability allows banks a wide choice in hardware platforms.
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Y2K
compliance |
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Modularity
and parameterization for extensive flexibility
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Single-window,
online, real-time processing |
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Menu-driven,
user-friendly interface |
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Customizable
authorization levels and other security provisions
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Integrated
transaction-handling and management-reporting system
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Modular
structure, expandable to 1,000 screens and 600 reports
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Provides
comprehensive, accurate and updated information
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Provision
for audits |
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Provisions
for archival and retrieval |
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Provisions
for backup and recovery |
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Portability
and connectivity |
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Meets
varied information needs — operational, statutory and managerial
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Computer-based
training for users along with online help and the support
of software professionals during implementation |
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Processes
data quickly and accurately, thereby enabling better customer
service |
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Ad
hoc query-handling and report generation
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Technical
support and maintenance services from SYNERGIC SOFTEK
SOLUTIONS |
Benefits
‘Synergic
Banking’ has helped traditional banks to face the onslaught
of global competition. They, and in turn their customers, derive
the following benefits from the use of ‘Synergic Banking’:
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‘SYNERGIC
BANKING’ speeds up the process of automation
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Updated
and accurate data on customers helps the bank to take decisions
regarding sanctioning of advances, loans, and so on
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Easy-to-read
account statements and statutory reports are made available
quickly
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Critical
MIS information helps to gauge branch efficiency and profitability
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‘SYNERGIC
BANKING’ is easy-to-use, implement and administer. It is cost-effective,
as it
does not need a dedicated database administrator
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A
transaction or query can be processed very quickly
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Modules
in ‘Synergic Banking’
Core
Module
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Customer
Information |
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Customer
Services |
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Transaction
Processing |
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General
Ledger |
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Security |
Demand
Liability Modules
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Savings
Account |
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Current
Account
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Time
Liability Module
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Recurring
Deposit Account |
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Daily
Deposit Account |
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Re-investment
Account |
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MIS
Account |
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Double
Benefit Scheme Account |
Fund-based
Advances Modules
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Cash
Credits and Overdrafts |
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Loans
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Bills
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Non-fund-based
Advances Modules
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Letter
of Credit |
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Bank
Guarantees
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Other
Modules
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Instrument
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Remittances
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Inward
& Outward Clearing |
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Safe
Deposit Vault |
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Safe
Custody |
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Government
Accounts |
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Public
Provident Fund Accounts |
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Share
Account |
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Guarantee
Fund Account |
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Thrift
Fund Account |
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MIS
Reports & Statutory Reports |
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Signature
Capture and Retrieval |
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Passbook
printing |
Interfaces
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ATM
Interface |
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TeleBanking
/ IVRS Interface |
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Mobile
Banking (SMS) Interface |
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Remote
Terminal / Information Kiosk Interface |
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Any
Branch Banking Interface |
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Net
Banking Interface
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