Bank On Cloud includes the following solutions:
Core Banking System (CBS)
CBS is most critical system for banks and is central to all banking transactions. IFTAS offers best in class CBS on cloud for small and mid-size banks. The CBS, which is already in production, can be easily extended to your bank in a very short period cutting your implementation risks significantly and providing you best in class CBS on best in class cloud.
IFTAS has been nominated by Reserve Bank of India as a sole implementation partner for carrying out automation, development and implement Core Banking System across all the Urban Co-operative Banks (UCB’s) in the country.
We also offer specially designed CBS for Primary Agriculture Cooperative Society (PACS) on cloud to help automate various PACS across India.
We offer various channel products such as Mobile Banking solution (integrated with our CBS or any other CBS), SFMS, SMS banking, micro ATM (tablet banking for last mile) etc. on cloud
Our on-cloud payment hub for all NPCI products namely AEPS/ABPS, EKYC, IMPS, UPI, etc. delivers a seamless connectivity for all the NPCI services to the banks. Our payment hub is integrated with our CBS on cloud and can be integrated with your CBS as well.
We offer other banking solutions such as AML, e-Governance, etc. on cloud.
For bank and financial institutions’ corporate operations, we offer solution such as HRMS, LMS, CRM on cloud.
Cloud based cost-effective Bulk Mailing (One-to-Many) Solution with inbuilt security, catering to demanding email users and compliant to bank’s requirements. It can manage a bank’s own domain name, schedule and create personalized email using HTML content with inbuilt Fire wall, antivirus, Anti-Malware, and anti-spam filters. It is available in high availability, redundancy, scalability with secured Operating system under centralized architecture with IP based login.
Highly-interactive Learning Management System (LMS) is a low cost, web-based, plug-and-play platform hosting a comprehensive suite of e-learning courses and assessments - to enhance the skills and knowledge of bankers across geography.
Infra on Cloud
Banks and financial institutions also use our IaaS, PaaS, and DRaaS (Disaster Recovery as a Service). Our state of the art Data Centre has enabled banks to move their work environment to virtually hosted workspace anchored by their flagship product. DR on cloud mitigates the risk of business breakdown and ensures business continuity.
We also provide following services: