Scale up the business to achieve a steep growth trajectory
Craft Silicon's Solution
Craft Silicon provided Bankers Realm Core Banking Solution
Scalable and Feature Rich
- Bankers Realm Core Banking application runs on a Windows-based environment.
- The user-friendly solution is easy to deploy, run and integrate with other alternate business channels.
- Better management of growing volumes of customer accounts, business accounts and transactions.
- The transactions posted in different branches are updated online and in real-time.
Timely and Comprehensive Reporting
- Smooth flow of transactions without overtime work for transaction reconciliation.
- Centralised database for easy consolidation and MIS report generation.
- Speedy customer service.
- Proper monitoring of chargeable customer transactions and automated recovery that enhanced the Bank’s bottom line.
Continuous Evolution - Key Changes
High Volume Transaction Upload
- Bankers Realm Core Banking Solution provided a BR Gateway module that enabled transaction upload for review of transactions from government and other employers repayments.
- This allowed more than 2000 transactions to be uploaded to the system, which was previously not possible.
Accurate Classification of Transactions
- Introduction of loan management and scheduling for customers
- The solution was deployed with simultaneous centralisation of bank operations and opening of three branches that catered to post office transactions, previously posted as inter-branch transactions to the main branch.
key achievements
Faster processing of transactions, thereby increasing profitability
Availability of account statements
Loan processing made easier with tracking of the application process
Centralised database supports prompt reporting
Simplified procedures enhances customer service
key takeaway
Technology is an effective tool in banking to keep pace with the vast scale of transactions. With Craft Silicon’s innovative technology, BSB was able to effectively manage its operations and deliver world-class banking solutions to its customers.