Core banking system is essential for facilitating transactions between customers and their accounts and is the basis for centralized record keeping across multiple bank channels. Core banking relies on an infrastructure that not only connects multiple branches, but also connects customers with the bank through various interfaces such as mobile apps, ATMS and websites. Core banking apps provide the back-end systems responsible for processing transactions and updating accounts.
The demands on banks, in the face of new technologies, has created unexpected challenges for some entities in regards to managing customer data with increasing customer expectations, new regulatory and compliance requirements. There are a lot of public and private sector banks who’ve unsuccessfully used various software integrations to manage banking operations, while others are growing to realize the need to replace their ageing core banking systems, but where to start and how to mitigate the core banking risks?
Chetu Inc. is a good place to begin, our developers design secure custom core banking systems that allow for flexibility and future extensibility with high levels of automation, ease of use, low-cost operation, and more. We have expert developers to provide scalable custom core banking software architecture to fully integrate to existing legacy systems which helps to address the requirements of corporate clients and provide for a more comprehensive banking solution.
Our experience in developing financial and banking software has enabled our financial institution clients the platforms to offer their customers the right products at the right time.
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