core banking system
Core banking can be defined as a back-end system that processes banking transactions across the various branches of a bank. The system essentially includes deposit, loan and credit processing. Among the integral core banking services are floating new accounts, servicing loans, calculating interests, processing deposits and withdrawals, and customer relationship management activities. Core banking systems are aimed at empowering existing and probable customers to have a greater freedom of their account transactions. With technological evolutions, transactions are now safer, faster and less cumbersome. The fact that these transactions can be executed remotely, from any part of the world has made core banking systems a significant aspect of banking these days.
Our Partnership with Renowned CBS vendor (ASPEKT)
BTechSol is an implementation partner for ASPEKT’s core banking software solution, which is awarded as the best core banking solution by IT Europa. The company was founded in 1992 and has more than 25 years of FinTech experience.
Aspekt develops process-driven software solutions for the banking, microfinance, and leasing industries. The Aspekt Product Suite is built on a modular platform that allows all components to be used independently and also simultaneously. Aspekt works with Financial Institutions from all over the world, including Europe, CIS and Caucasus Region, East Africa, MENA region and their markets are continuously expanding. The First Microfinance Bank (Egypt, Kyrgyzstan, Madagascar), Vision Fund International, Mercy Corps, IFC, FINCA (part of the worldwide network), and many more can be found in the portfolio of Aspekt’s clients.