Technically advanced with most comprehensive and flexible functionality, Core Microfinance Banking solution offers microfinance institutions a technological competitive edge that creates a unique value proposition for your customers as it supports a wide variety of supported products and services, mentioned below but not limited to only these, as CMB is a solution designed for your specific business needs and requirements.
Technology has been the main catalyst in transforming the landscape of banking sector. Implementation of appropriate technology solutions and core banking systems has enabled banks to optimize their processes, enhance services, and timely respond to their customer needs. Microfinance institutions however have been much slower in utilizing these technologies, primarily due to their high cost and complexities. Technology thus is consistently cited as one of the greatest challenges facing MFIs.
With CMB, technology no more remains a challenge for MFIs. It provides all the features and functions required by MFIs to automate processes and enables the movement to a single customer view and allows for optimization of work across branch and hub network. CMB also provides a strong launch pad to offer digital channel capabilities including online and mobile channel offerings. Irrespective of its advanced features, CMB implementation is a low cost investment that provides MFIs a competitive advantage.
Overview
A complete end-to-end, scalable and pre-configured core microfinance and banking system that allows you to deliver exceptional microfinance and banking services, build customer satisfaction, enhance agility, fuel innovation and extend your competitive advantage through its advance technology and unique features.CMB is designed for growth as well as cost effectiveness and to help MFIs and Banks strategically respond to today’s business challenges.
CMB offers comprehensive features to support the full spectrum of microfinance and banking operations—from small, community-based microfinance institutions to large banks.
Features
- Current and Savings accounts
- Deposits
- Loans
- Credits
- Collections
- Fund Transfers
- Remittances
- Standing Instructions
- Payments
- Reports
CMB Modules
CMB comprises of integrated modules that are designed to address microfinance and modern banking needs. The system provides maximum flexibility to added required modules and has seamless integration across all modules and interfaces.
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Why CMB?
LATEST TECHNOLOGYBuilt on flexible and scalable enterprise Java platform
DEPLOYMENT MODELSDesigned for centralized, decentralized and hybrid deployment models
COST EFFICIENTConsidering your social mission and financial challenges, one of the most cost-efficient solution for you encompassing all your business needs
MULTIPLE DELIVERY CHANNEL SUPPORTMultiple-delivery channel support including branches, ATMs, point-of-sale terminals, call centers, mobile devices and internet banking
SECURITYSecurity management covering application and role-based access
RISK MANAGEMENT CONTROLSRisk management controls including limits, collateral and non-performing assets
HIGH AVAILIBILITYBuilt with fault tolerance and minimum downtime of the system
USER-FRIENDLYEasy-to-Use System with seamless data operations, helping you achieve your goals with greater flexibility
DEDICATED SUPPORTFrom complete implementation to troubleshooting; our dedicated support team ensures smooth running of the system at all times
