Erp Software In Banking And Financial Management Software

Ramco delivers a full spectrum of innovative, agile enterprise solutions and services for the banking and financial service institutions. Ranging from point-solutions to large-scale deployments encompassing many banking processes, these service-enabled solutions help banking and financial service institutions (BFSI) become ‘model enterprises’ that can easily expand and adapt to accommodate new or changing business processes.
Well, the best way out is to bank on advanced technologies to strategize and prioritize your actions, address the challenges, act upon incipient weakness swiftly and grow ceaselessly. Ramco delivers a full spectrum of innovative, agile enterprise solutions and services for the banking and financial service institutions. Ranging from point-solutions to large-scale deployments encompassing many banking processes, these service-enabled solutions help banking and financial service institutions (BFSI) become ‘model enterprises’ that can easily expand and adapt to accommodate new or changing business processes.

You operate in a sector that is challenging, demand and vulnerable – any changes in the economic environment significantly affect banks, insurance firms and other players in the Financial Sector. Industry leadership is hard to earn, but definitely worth the effort”you get power and responsibility. To experience the sweet taste of success, you need to continually innovate with unparalleled speed and control; restructure and take effective steps to insulate your firm and your clients from macro- and micro-economic changes and the consequent risks; comply strictly with the regulatory norms; meet the diversified demands of customers and improve profits.

Ramco’s BFSI solutions are model-based, developed using Ramco VirtualWorks. These solutions are composed, not coded, using existing or newly-created business assets that adapt and scale with your business requirements. Based on service-oriented architecture (SOA) standards, these solutions are technology agnostic, perpetually state-of-art, cost-effective and seamlessly integrate with your existing or new applications.

Ramco’s Banking and Financial Management Software solutions are model-based, developed using Ramco Virtual Works. These solutions are composed, not coded, using existing or newly-created business assets that adapt and scale with your business requirements. Based on service-oriented architecture (SOA) standards, these solutions are technology agnostic, perpetually state-of-art, cost-effective and seamlessly integrate with your existing or new applications.
Customer can quickly and easily implement and use Ramco’s pre-point solutions such as Fund Sweep System, Nostro Reconciliation, Retail and Loan Origination and Customer Relationship Management (CRM) to become agile, proactive, and responsive to the market. What is more, these solutions also integrate perfectly into one seamless support system for your organization”fuelling not just day-to-day operations but sustainable strategic growth as well.

Ramco ADF Reporting Solution helps the bank in meeting these guidelines through its Entity Model based approach, which ensures the data extraction from the various source systems is optimized. The submission of the central bank statutory report, mandated by the RBI, is done in an automated manner via XBRL (extensible Business Reporting Language)”a global standard for communicating and exchanging business information, digitally.

Single version of truth across multiple reports referring to the same subject area.

Data Lineage feature to trace back the CDR contents with details of source systems and timestamp of extraction.

Validation and reconciliation mechanism to ensure anchoring of reports to Financial Books.

Configurable workflow to schedule includes adjustment data, audit and trace it back to the data owner.