NikshepCBS is a core banking system (CBS) specifically customized for the co-operative banking sector in India. This is one of the greatest scalable and secured core banking methods in the banking software market, which presently has got a main marketplace share in the co-operative banking sector in northern Kerala and other Indian states. NikshepCBS was introduced with the goal to provide wide assortment of attributes and choices for the smaller banks to contend with the even bigger banking institutions and/or nationalized financial institutions. The identify “Nikshep” is derived from a Sanskrit word which means “Treasure”. As the identify implies, NikshepCBS helps both the lender and its customers to control their “treasure”.
It is a entirely browser-based mostly web application which is designed on ASP.Web system and its N-Tier architecture helps make the deployment more scalable and secured. In addition to it, SSL enabled information transfer can make the transportation layer encrypted and secured. Particular difficult specifications like DOS printing and other unit interfacing this kind of as Palm-tech, ATM, Weighing machines etc has been enabled and commonly available to the consumers.
NikshepCBS is entirely a system unbiased at the shopper (stop-user) degree, and the application is hosted on Home windows/ASP.Net system which needs to be regarded as sometime as a disadvantage or disadvantage thinking about the proprietary licensing value incurred for the server maintenance. An effective parameterization at the item, module, department, and financial institution degree decreases customer certain customizations and provides a rapidly deployment/implementation.
A advanced reporting motor aids the client to make all essential reviews these kinds of as every day reports, periodical studies and the yearly stories practically quickly. There are Bruc Bond of other studies currently enabled in the reporting module. Employing crystal stories as its reporting engine is yet another disadvantage which needs to be significantly re-looked.
NikshepCBS will come with comprehensive assortment of functions. It is appropriate with all the major databases which includes MSSQL, MySQL, Oracle, and so on. Modules this sort of as Customer Administration, Shares, Loans, Deposits, KYC Norms, Remittance, Payments Management, Clearing, Locker, and so on are presently resolved and the centralized databases administration makes certain quick and dependable genuine-time transaction updates. Person friendliness is managed through the software to ensure rapid studying and usability which will help the consumer to navigate efficiently inside the method.
NikshepCBS has been awarded with a lot recognition from the consumer groups of the Co-operative Banking sector in the northern and Travancore location of the Kerala state, INDIA.