• Built on Open, Scalable, Extendable platform
• It can be customized to suit organizational requirements with the ability to parameterize some options.
• It can be ported on a single PC and also has the scalability to operate under LAN platform for medium sized branches in Urban & Metro locations.
• Follows Modular deployment technique leaving scope for future technologies to be integrated.
• Can interface with any channel for service delivery like ATM, IVR, tele-banking, internet banking
• IBAS provides the user an easy way of data back-up on daily basis. Viz. Full back up, Incremental back up, All files back up, Selected files back up.
• Complies to SWIFT and EDI standards
• Includes a comprehensive, system-wide audit trail that will track every transaction in the system, complete with the date and time of the transaction and identification of the user.
• It addresses banks' demand to provide BACK-OFFICE mechanization process, which can give all types of MIS Reports both mandatory and non-mandatory but extremely useful for banks' financial operations Accounts
• Unique customer identification numbers are assigned to customers to enable quick tracking of information regarding customer accounts, related accounts and all direct and indirect liabilities.
• Instant inquiry screens are provided for quick and easy retrieval of customer, account and transactional information.
• Online Signature and Picture Verification is available to all your personnel, at any time, allowing them to provide prompt and personal service at the teller line and the platform. Customers are more easily identified without the need to ask for credentials.
• Automated checking of daily status of loan and deposit accounts based on set parameters and alert messages are generated.
• Enables maintenance of an up-to-date database, through 'open' features
Facilitates online IBR (Inter Branch Reconciliation), doing away with compute-intensive post-facto IBR
• Enforces Security at the OS, Application and Data level through creation of users and roles and various levels of authorizations

Benefits:

• Purely menu driven graphical user interface along with online help facilitates ease of use and near instant adaptability to the software reducing training time.
• Instant access to data of all banking modules, customer details and other banking details enables the banking staff with impromptu answers to any sort of query.
• Instant processing of all transactions at branch level. All transactions are committed to a database.
• Elimination of data redundancy and erroneous data. All data are instantly available as comprehensive reports and analyses. Efficient data management reduces time required in all processes.
• Allows banks to rapidly introduce new and innovative savings and loan products, savings withdrawal and check cashing among branches, and permits banks to expand their operations.
• Empowers Data Exchange between Branch Office and Head Office via the internet which facilitates ease of work with informed decisions.
• Enhanced functionality and scalability is provided to all banking operations, while giving the staff more timely and actionable information about your retail and business customers.