Bankware Claim

A customer-centric core banking technology called Bankware manages any size bank’s front, middle, and back offices. It is adaptable, sturdy, and resilient architecture supports several branches, frequently in various time zones. It is also a bank-in-a-box solution perfect for smaller users or new banks. Bankware is easier to configure and implement without sacrificing versatility than alternative options.

Instant access and notice deposit accounts are supported by BankWare, and these accounts interest rates can be fixed or connected to a currency reference rate. It calculates and modifies the accrued interest for all accounts impacted by the change. It can handle unlimited backward and forward valuations of movements, reference rates, or margins. A tiered or threshold system can be used to define several balance break levels. For any length of time, installment loans and mortgages can be set up on a capital and interest basis related to either a fixed or variable interest basis. Customer preferences are predefined to minimize human interaction in the event of a rate increase or decrease.

Features

• Deposits
• Retail banking
• Lending
• Treasury