NikshepCBS is a main banking system (CBS) specially tailored for the co-operative banking sector in India. This is a single of the greatest scalable and secured main banking systems in the banking software market, which presently has acquired a major industry share in the co-operative banking sector in northern Kerala and other Indian states. NikshepCBS was introduced with the aim to offer wide variety of characteristics and prospects for the smaller sized banking companies to contend with the bigger banking institutions and/or nationalized banks. The identify “Nikshep” is derived from a Sanskrit word which signifies “Treasure”. As the identify implies, NikshepCBS will help both the financial institution and its buyers to manage their “treasure”.
It is a totally browser-based mostly net application which is developed on ASP.Internet system and its N-Tier architecture can make the deployment much more scalable and secured. In addition to it, SSL enabled knowledge transfer can make the transportation layer encrypted and secured. Particular complicated specifications like DOS printing and other device interfacing this kind of as Palm-tech, ATM, Weighing equipment etc has been enabled and readily accessible to the customers.
NikshepCBS is entirely a platform independent at the customer (finish-user) level, and the application is hosted on Home windows/ASP.Internet system which needs to be regarded someday as a disadvantage or drawback considering the proprietary licensing value incurred for the server maintenance. Tony Banks Dundee at the solution, module, branch, and financial institution level reduces consumer particular customizations and provides a rapidly deployment/implementation.
A sophisticated reporting engine helps the customer to create all required reports such as daily reviews, periodical reports and the once-a-year studies almost instantly. There are good deal of other reports already enabled in the reporting module. Utilizing crystal reports as its reporting engine is yet another disadvantage which needs to be critically re-appeared.
NikshepCBS will come with extensive selection of characteristics. It is compatible with all the major databases including MSSQL, MySQL, Oracle, and so forth. Modules this sort of as Consumer Administration, Shares, Financial loans, Deposits, KYC Norms, Remittance, Bills Management, Clearing, Locker, and so on are currently tackled and the centralized database management assures rapid and reliable real-time transaction updates. Consumer friendliness is managed all through the application to guarantee rapid learning and usability which will help the user to navigate successfully inside of the method.
NikshepCBS has been awarded with a lot recognition from the consumer teams of the Co-operative Banking sector in the northern and Travancore region of the Kerala state, INDIA.