Challenges inherent in implementing best practices in banking
Timely compliance with regulatory changes
Limited availability of integrated banking software
High cost of software implementation
Fear of security breaches and undue access
Managing ever-evolving banking needs of customers
Software that doesn’t scale with the business growth
Limited view of banking operations across multiple product verticals
Customer service disappoints due to poor technology support
Technology that drives to the winning transformation
driving future growth in the banking sector through innovative software
End to end software implementation with flexibility across scale and scope
Real-time data analytics with actionable insights and reports on customer preferences
Automation of the process life cycle to ensure speed and efficiency
Adaptable to market dynamics and changing regulations for retail and corporate banking
The objective was to streamline digital channels into a single secure experience, enable customers to open accounts instantly, and reduce the pressure on branches to service customers.
We have been able to adopt the anywhere anytime banking because of the channels solution powered by Craft Silicon. With this transformation, we have enabled our customer from any part of the globe to interact with the SACCO that is now digitally equipped to provide the required service. I can comfortably mention that this is the first-of-its-kind digital transformation for all SACCOs and it is a thing that I see is going to revolutionise on how SACCOs and other small microfinances do their business.
Craft Silicon has been the solution provider of Women Enterprise Fund for both Core Banking Solution and Mobile Banking solution. We are happy with the level of support that we receive and how the solutions help us in our day to day operations.
We have been using Bankers Realm Core Banking System, since 2007. We are highly satisfied by the solutions and services of the software. Despite the complex nature of microfinance operation together with the insufficient infrastructure in the region, Craft Silicon succeeded in customizing the Bankers Realm Core Banking System without showing any sign of hesitation. It also manifested its professional training and information handover to our MIS team.