3i Infotech

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Factor/SQL is a cost-efficient portfolio management platform that minimizes risks; facilitates accurate, real-time reporting; and builds information-enabled customer relationships. Overview Factor/SQL™ Commercial finance companies worldwide use Factor/SQL™ to manage portfolios,

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Kastle® Factoring can also be deployed with Oracle Database 11g Release 2 and Oracle Weblogic Server 11g R1. Overview Kastle® Factoring is a web-based, platform-independent solution that enables business transformation with

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Robust Internet banking, core banking, retail banking, and Islamic banking capabilities for simplified operations and enhanced customer satisfaction Overview With considerable experience of delivering a comprehensive Core Banking Solution in the

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Kastle Asset Liability Management can also be deployed with Oracle Database 11g Release 2.Kastle Asset Liability Management is now Oracle Exadata & Exalogic ready. Overview 3i Infotech’s Kastle® Asset

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Kastle® Risk Management can also be deployed with Oracle Database 11g Release 2. Kastle® Risk Management is now Oracle Exadata & Exalogic ready Overview Financial Intermediaries continue to seek avenues to deploy

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Kastle® Treasury can also be deployed with Oracle Database 11g Release 2. Kastle® Treasury is now Oracle Exadata & Exalogic ready. Overview Kastle® Treasury is a leading, integrated flagship treasury management solution used by

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Give your banking organization a distinct competitive edge with the technology-powered, enriched customer experience provided by Kastle® Internet Banking Overview Kastle® Internet Banking opens up a window of

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Advanced Credit Risk and Financial Analytics tools to prevent losses and balance business growth and credit risk. Overview In today’s competitive environment, financial institutions in the business of lending to large corporate

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Kastle® Universal Lending Solution helped a leading Malaysian Development Finance Institution (DFI) provide guarantees on loans for small and medium scale industries faster and more efficiently. Overview Kastle® Universal Lending System is

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Anti Money Laundering and Fraud Detection Solution Overview 3i Infotech’s Financial Crime Detection and Management Solution (AMLOCK® - FCDMS) is an integrated web-based Anti-Money Laundering and Financial Crime detection and management

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3i Infotech provides a range of products that enable banks to efficiently manage their retail operations, including internet and core banking, fraud detection, universal lending, and risk management, as well as specialized corporate banking products to manage risk, asset liability, payments and

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Best Loan Management Software in 2018 How to identify the best loan management software?

We have a lot of money requirements and not every time we have enough amount of earned money in our hands. Loans are a savior for people who need money. Since, many fall on the same line, banks and other third-party vendors have started lending loans to the common people who need money. To manage all the loans and transfers happening in the bank or any private institution, you must have a loan management software. A loan management software is the tool which helps the bank in managing the entire process covered in lending and returning of that loan. To manage from scratch about loans, loan management software is useful.

What does the loan management software do?

Loan management software manages the entire loan lifecycle from origination, processing, disbursement of the loan and collecting them. The loan management software should do loan refinancing and restructuring if needed. The credit scoring is very important, and the software should have a track of the credits scored by the loan borrowers. Loan collections software entirely automates the loan portfolio cycle and electronically gets rid of the manual work done. Identifying the best loan management software can be difficult, but we help you find the best. The software created by 3i Infotech can be called the best due to assorted reasons. One reason, being leaders in the industry we have a good track of what must be done and what is trending in the market. We have a concrete plan of how to satisfy the customers. We provide a variety of features in the loan management software.

A good loan management software from 3i Infotech will offer a holistic view of the borrower’s transactions on a single platform and help us identify all the criticalities on the loan. Regardless of the size of the loan and business, the software will help you get a clear picture about the loan with all essential details. Our loan management software stores the loan data and associated documents for lenders to easily access them and share it with the borrowers. The loan management software will help you automate the front-end and back-end activities. The best feature is, it will also create the customer payment form. The software will manage the third-party brokers if any and conform the industry regulations and business automations. It will create dashboards to provide metrics and insights about the loan performances. Having all the above features, our loan management software from 3i Infotech is best in 2018.

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Key Things to Avoid With Financial Software Solutions

A common reason for the failure of business processes is lack of a superior financial management system that ideally provides warning signs when your financial health starts deteriorating. Running out of cash can be a serious problem for any business, especially the insurance companies which may lead to a series of bad decisions and create unnecessary stress in the balance sheet, dimming the visibility of company’s finances.

An apt Financial Software Solution should be chosen meticulously that strengthens the organization’s ability to face financial challenges in stressful situations by keeping track of your company’s cash-flows. Ideally, Financial Software Solutions are the backbone of an insurance company that provides critical insights into the businesses to facilitate decision-making ability and help in breaking down complex information for analyzing a business’s areas of strengths and weaknesses. Choosing the right Financial Underwriting Software for an insurance business is a must to streamline the company’s financial processes with continuous monitoring. Nonetheless, as daunting a task as it sounds, here are a few basic mistakes that can be avoided for you to end up with the right Financial Software Solution for your business processes. 1. Disregarding Future Prospects: A primary purpose for implementation of advanced technologies is creating opportunities in the future. However, while selecting a Financial Underwriting Software when you restrict your scope to your present business opportunities, the short-sightedness can lead to additional business expenses when the operations grow. Hence, you should consider the full potential of your business’s growth aspects in terms of customer acquisition and market expansion and accordingly choose the best system that accommodates your present as well as your future needs.

2. Opting a Software with Complex Architecture: When you choose a Financial Underwriting Software with complex user-interface, you are indirectly mounting your overall cost of acquisition of such software as you need to train your existing staff or employ professional services. Also, an improper training and haphazard implementation may lead to errors that businesses simply cannot afford. Hence, it’s advisable to purchase a software solution that’s easy to operate and comes with robust technologies useful for your present business processes.

3. The One-Size Fits All Formula: Insurance Software Solutions are highly business-specific and every line of insurance requires different needs and processes to be followed. When you invest in generic software without the know-how of whether such solution matches your financial underwriting requirements or not, you’re never prepared when it comes to the software’s inherent capabilities. Thus, clarifying your needs and investing in the right software that accommodates your line of operations is the best system to invest in. 3i Infotech’s Financial Underwriting Software is a complete package that developed focusing the insurance businesses and is easily customizable as per the needs of different companies. With numerous benefits and features, which can be implemented with our software, invest in a quality package that helps your company in a financial stability with better maintenance of the financial records.

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Tips for Selecting the Right Pension Fund Management Software

With increased competition, pension funds are always in a greater pursuit to generate higher returns for their investors. This, in turn, results in a fund allocation across various investment alternatives within the portfolio such as exposure to equity, real-estate, hedge-funds or infrastructure. With increased allocation comes the need for better accountability and performing due diligence tasks of such investments to track the returns so generated are in line with the expectations. And hence, similar to the financial services companies, the pension industry also depends on technology for survival in a competitive market.

Furthermore, during an economic slow-down, pension funds face even stressful situations resulting from reduced investment returns, thin margins, regulatory compliance burden, coupled with changing investment landscape and downward pressure on fees. Effectively addressing such challenges and steering the competition away requires round-the-clock access to information and deployment of a state-of-the-art pension fund management software solution, which creates business opportunities, broaden existing relationships while securing a competitive edge in the market 3i Infotech’s Pension Fund Management Software is the right tool that offers an integrated approach to monitor a fund’s investments across all the asset-classes and provides flexibility in evaluating investment opportunities. It manages an entire lifecycle of the activities performed in a pension fund i.e. receipt of funds, fund allocation, maintenance of records, analysis of investments, disposal of assets and switching of investments that help to consolidate information and make all the data available as and when needed. Such highly responsive and dynamic technology also helps in advanced research to facilitate decision-making based on real-time information and provides an easy access to data with the user-friendly interface that displays a snapshot of a fund’s performance. Organizations capitalizing on 3i Infotech’s Pension Fund Management Software solution can achieve the following benefits: - Supports all types of annuity/pension plans - Facilitates all the demands of investors with solutions of providing quotations, Policy Conversion, Redemptions, Change in Policy Members, Repayment and Maturity - Single View for front-desk to define all the conditions of a particular product for easy understanding - Supports Group Pension Policies - Easy Integration with Existing Systems - Multi-Tiered Architecture to facilitate effective policy servicing - Increased operational and cost efficiencies with an overall reduction in the turnaround time. - Facilitate better investment decision-making based on real-time information access - Generation of relevant and easy-to-understand reports for the management team, the board, and relevant parties - Better performance with proper due-diligence and adherence to company’s investment exposure mandates. 3i Infotech’s Pension Fund Management Software is ideal for every small/large pension fund management company that easily aggregates performance data to evaluate portfolios across every asset-class while accessing a multitude of dimensions to facilitate additional analysis. A cost-effective solution, the product becomes a necessity for every pension fund to accommodate in the competitive scenario while building systems compatible with the present operational efficiencies.

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Risk Management Solutions and Its Optimizing Strategies

Risk Management Solutions and Claims Management Solutions assist you to develop an integrated approach to risk management and business improvement. This permits you to implement correct operational governance guidelines to poise internal controls with business goals. Risk Management methods describe and analyze key risks related to your business and IT processes, to scale back operational risk exposure, and implement effective controls. By making a cooperative space and shared repository of data on risks and processes, you have got to suggest that to ceaselessly review the potency of your processes and risk exposure and the way they contribute to your business goals. 3iInfotech’s Risk Management Solutions and Claims Management Solutions address the needs of Risk Managers, Internal Auditors and Compliance Officers to: • MITIGATE BUSINESS AND IT RISKS. • INTEGRATE RISKS INTO TRANSFORMATION SCENARIOS. • GET RISKS UNDER CONTROL AND ENSURE REGULATORY COMPLIANCE.

MITIGATE BUSINESS AND IT RISKS 1. Identify, evaluate, and prioritize risks to define adequate risk remediation plans: 2. Identify risks with internal stakeholders using process, assets and data modeling capabilities, and organize risks registers update. 3. Evaluate and prioritize risks using multiple expert methodologies and define bottom up or top down approaches based on organizational context. 4. Describe suitable risk remediation plans bearing in mind the existing controls productivity results, new action plans creation, or control operation.

INTEGRATE RISKS INTO YOUR TRANSFORMATION SCENARIOS 1. Integrate risk management into the suitable IT and business transformation situations to create higher choices. 2. Assign risks to the suitable IT and business transformation situations, besides quality, business impact, practicability, and alignment criteria. 3. Create better-informed choices supported risk and opportunities, by giving your IT Risk Managers the aptitude to have an effect on strategic choices and share key info through a standard information. 4. Monitor IT risk levels to secure future modification situations, and update situation risk profile over time. GET RISKS UNDER CONTROL AND ENSURE REGULATORY COMPLIANCE 1. Design and implement an internal control system aligned with your business transformation strategy: 2. Streamline your corporate and local control plans to fit your transformation strategy and the associated risks. 3. Find the right balance between strict but costly risks mitigation, low control coverage, or balanced cost/risk exposure. 4. Trigger risk-based audit plans focused on your transformation strategy by managing audit teams, planning yearly audits and using our integrated risks and audit platform.

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Key Things to Avoid with Investment Management Software Solutions

Investment managers need reliable Investment Management Software to track their funding efforts and manage their investments. Especially in an unpredictable economy, the right Investment Management Solutions can make a difference in managing a successful fund. However, before implementing a software management system, you need to be aware of potential problems and pitfalls and learn how to avoid them.

Living Only for Today: Many small and medium-sized businesses are so focused on growing their bottom line that they often focus on software programs that can meet their immediate needs but fail to consider future possibilities. What you need now in a customer relationship management (CRM), enterprise resource planning (ERP), accounts payable, payroll or another type of Investment Management Software program may change within the next 18-24 months as your organization grows and gains additional employees and customers. Selecting a software platform takes time.  You don’t want to have to repeat the search process within two years because you grew faster than you planned.

Favoring Features over Functions: You should always look for features which exactly suit your current requirement and not according to the next year. At times overloading with ample of features makes it difficult to understand the use of the software. The shiny bells and whistles are great if they help address your business’s needs. If these features only make the program look pretty but don’t actually help you achieve your goals, you should consider a different program.

Data Quality: It is an important consideration for fund managers. You will also need to define quality levels and accessibility guidelines to keep data consistent and accurate. Check to see if a new software program you are considering can combine several applications so that you won’t have to move data among several programs or accounts.

In addition, a quality software program will include FAQs, online customer support, and additional information at the product website.

Not Opt for Too Many Options: You should think of Investment Management Solutions which not only helps you in the start, but also look for something which precisely meets your requirements. Many popular systems are very robust, which is a great selling point for many of these products. However, choosing a program that is too complex for your needs could be confusing to your users. Instead of increasing efficiencies in your office, you could be making everyone’s job more complicated by implementing a cumbersome system. Not to mention, you could end up overpaying for something you will never fully utilize.

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Ensure Better Compliance with Effective Risk Management Solutions

Recent high-profile company implosions have shown that currently howsoever, the name, money, strength and overall price of the many corporations' area units are in danger. These unforeseen risks will have harmful consequences. The progressively unstable atmosphere in which corporations operate has increased risk factors and needs more practical control and management.

Leading organizations worldwide should rely on various management solutions to enhance the overall effectiveness of risk management initiatives while streamlining day-to-day risk management processes. Specifically, they should look for: • Embed and integrate risk management in business processes • Communicate risk and risk treatment widely • Link risk management directly to decision making • Monitor structure and individual performance against goals and objectives • Create a risk-aware culture through social control and responsibility We at 3i Infotech bring Risk Management solutions software along with Claims Management Software that enables organizations to better manage risk and take advantage of opportunities relating to business objectives and goals. We provides a powerful and flexible framework for managing risk, allowing organizations to identify, analyze, evaluate and treat both risks and opportunities in order to protect the corporate brand, create value for shareholders, owners, employees, customers and regulators.

Our Risk Management Solutions and Claims Management Solutions provide mix powerful risk management capabilities into a versatile resolution that streamlines processes and reduces errors versus manual ways. Specific options and edges include:

• Support for multiple methodologies and frameworks permits organizations to manage risk exploitation standards/approaches whereas guaranteeing compliance with myriad rules. • Interactive dashboards and reports offer period of time visibility into the state of risk management to any or all levels of the organization. • Unparalleled flexibility permits business users to tack together the system to dead match Associate in Nursing organization's existing risk management processes as well as advancement, field names, rating scales, naming conventions, page layouts and different best practices. • Tasks, notifications and escalations alert users and managers once ERM tasks, as well as risk treatments and controls testing, must be performed or once problems occur. • Roles-based security and audit trails ensure the integrity of data and tracks all changes to records in the system. • Flexible deployment options allow organizations to host compliance information on-premise or deploy in the cloud as a hosted solution. Our Risk Management solutions and Claims Management software that which is in Claims Management Solutions includes a common infrastructure for organizations to manage Governance, Risk and Compliance data on wide basis. With integrated reporting/dashboards, full audit support, and more, our platform is that the complete resolution for governance, risk and compliance necessities.