Introduction to Core Banking Solution - FTP_3_

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Introduction to Core Banking Solution - FTP_3_ Powered By Docstoc
					Need for Core Banking Solution in
Post Office

Majority of work in manual form.
Data is re-entered at many levels
thereby chances of mistakes are
higher.
Many deficiencies in Sanchay Post.
No authentication of data as posting
and agreement in huge arrear.
Need for Core Banking Solution in
Post Office

 Lack  of security features in the
  existing software.
 Data is frequently changed at
  many levels.
 Password is often shared with
  others.
 No MIS facilities
Need for Core Banking Solution in
Post Office

   Poor record maintenance
   Inadequate audit functions
   Non agreement of balances
   No ATM or Internet Banking facilities
    available to match competitors.
Need for Core Banking Solution in
Post Office

 No Real Time Processing
 No Debit Card facility.
 No networking.

				
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