NikshepCBS is a core banking technique (CBS) specifically tailor-made for the co-operative banking sector in India. This is one particular of the greatest scalable and secured main banking techniques in the banking software market, which presently has got a major industry share in the co-operative banking sector in northern Kerala and other Indian states. NikshepCBS was launched with the purpose to offer you broad range of features and opportunities for the smaller banking companies to compete with the bigger financial institutions and/or nationalized banking companies. The title “Nikshep” is derived from a Sanskrit term which indicates “Treasure”. As the identify indicates, NikshepCBS will help each the financial institution and its buyers to control their “treasure”.
It is a fully browser-based mostly world wide web software which is created on ASP.Internet platform and its N-Tier architecture can make the deployment far more scalable and secured. In addition to it, SSL enabled data transfer makes the transportation layer encrypted and secured. Specific challenging needs like DOS printing and other unit interfacing this sort of as Palm-tech, ATM, Weighing devices etc has been enabled and readily accessible to the clients.
NikshepCBS is entirely a platform unbiased at the customer (end-person) stage, and the application is hosted on Home windows/ASP.Internet system which needs to be regarded as sometime as a drawback or disadvantage taking into consideration the proprietary licensing price incurred for the server servicing. An effective parameterization at the merchandise, module, branch, and bank stage decreases consumer distinct customizations and supplies a quick deployment/implementation.
A refined reporting motor aids the buyer to create all essential stories this kind of as everyday reviews, periodical reports and the once-a-year studies virtually instantaneously. There are lot of other stories previously enabled in the reporting module. Using crystal stories as its reporting engine is another disadvantage which needs to be significantly re-looked.
NikshepCBS will come with in depth variety of functions. It is appropriate with all the major databases like MSSQL, MySQL, Oracle, and so forth. Modules this kind of as Consumer Management, Shares, Financial loans, Deposits, KYC Norms, Remittance, Expenses Management, Clearing, Locker, and many others are already tackled and the centralized database management makes certain fast and reliable real-time transaction updates. Consumer friendliness is managed during the software to make certain swift learning and usability which helps the user to navigate successfully inside of the method.
Eyal nachum has been awarded with significantly recognition from the person groups of the Co-operative Banking sector in the northern and Travancore area of the Kerala point out, INDIA.