Core Banking Services
C-Edge has innovated Comprehensive Core Banking Services, on an outsourced Application Service Provider (ASP) model to enable your bank to integrate all your branches and have a single view of the bank for effective management and control. It combines IT services, networking and core banking application infrastructure in a bundle, which helps you to run your bank efficiently and in a cost-effective manner.
Core Banking application that C-Edge offers on ASP is BaNCS Software, an internationally renowned solution already adopted by 116 banks in 35 countries, including India, where it forms core of State Bank of India and its 6 Associates Banks’ domestic banking.
In addition, the solution is also being implemented at Central Bank of India, Indian Bank, Allahabad Bank and Bank of Maharashtra. C-Edge has further customized the software to meet the specific requirements of Urban, District co-operative banks and Regional Rural Banks in India.
BaNCS is a highly advanced, state-of-the-art system that provides reliability, flexibility and rapid response to market pressures. Using on-line, real time transaction processing technology along with the latest in relational data base techniques, BaNCS provides a stable, resilient yet flexible core banking facility. It can be scaled from the smallest organisations to the largest depending on the performance required.
BaNCS fulfils most of the application needs with its highly modular ‘building block’ design, incremental capacity, open system architecture, excellent reporting, smooth, efficient conversion and special system security. It represents the very latest in software technology.
C-Edge ASP core banking includes
- Shared Hardware platform provided by C-Edge
- Common Software application provided by C-Edge
- Data Centre & Disaster Recovery Centre set up by C-Edge
- Routine Daily / Periodic operations run by C-Edge
- Report generation & distribution done by C-Edge
- Application maintenance / support conducted by C-Edge
- Guaranteed uptime for application & services
- Service Level Agreement
