Banking Products & Financial Services Head Office
Current News
     
Bank Bricks - Core Banking  
Retail Bank  
Head Office  
Channels  
Back Office  
Performance  
 

 

 

 
 
 
Head Office
 

With the ever changing IT trends, the banking industry needs to upgrade technologically to satisfy the customer needs and the services expected by them. The H.O. of the bank must have all the necessary information to monitor the progress of the branches. To achieve this objective, Onward has introduced a secured and robust solution known as HO Brick This product collates all information from the branch automation software on deposits, advances and financial accounting to generate consolidated statements for the bank.

Inter-branch Reconciliation (IBR)
The IBR System helps the Head Office (HO) of a bank for Maintenance and reconciliation of both 'Originating' and 'Responding' transactions like Branch to Branch, Branch to Head Office and Branch to External Bank.

Features

  • Inter-bank Reconciliation (IBK)
    The IBK System helps the Head Office (HO) of a bank for Maintenance and reconciliation of the transactions made by Branches on External Banks.

  • Deposits/Loans Consolidation
    Here the bank can define its chart of accounts and consolidate the branch returns in terms of total figures for various types of deposits and loans.

  • Head Office General Ledger Consolidation
    The Head Office General Ledger Consolidation module helps the Head Office (HO) of a bank for consolidation of the Chart of Accounts (HO GL Heads) by doing maintenance, entry, processing and posting.

  • Share Accounting Module
    The Share Accounting System helps the Head Office of a bank for Maintenance of Membership Details, Share Register and Details, Dividend Details including dividends calculations, dividend paid and due, Liability Details and some Administrative functions related to Share Accounting.

Benefits

  • User-friendly

  • Highly secured and robust product

  • Consolidated Trial Balance reports can be generated

  • CRR reports indicating the liquidity of the bank can be generated

  • Inter branch reconciliation statement can be generated on a periodic basis

  • Automatic Dividend

This solution supports Windows, UNIX, LINUX and NOVELL platform.

 

 
© Copyright 2011. Onward Technologies Ltd.