Virmati Group
Delivering IT - Impact & Transformation

Head Office / Back Office Suite

Entire Retail & Corporate Banking Solutions sourced with the best breed of functional modules.

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Head Office / Back Office Suite

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Head Office/Back Office Suite Chart

VSTL have the various back office modules which are linked with the CBS. All the packages are browser based.

The head office / back office modules are as under

Management Information System (MIS)
Management Information System (MIS)

MIS is multi branch / multi currency software. This Account-based MIS solution meant for Head Office is largely based on Bank's Assets (Loans & Advances) as well as Liabilities (Deposits), Expenses & Incomes.

  • Parameterized such a way that bank can design their own reports
  • Generate statutory reports
  • While generating Reports, the System takes care of
    • Multiple heads’ consolidation into one head
    • complying formula of calculation Ratios
    • Split of a Head into different parts on percentage basis or formula basis.
  • Many reports are on comparison basis like…
    • Comparison Between Branches
    • Branch to total Banking
    • Comparison with same period of previous year
    • Comparison of 5 points of history ( 5 year ends)
    • Comparison of absolute or on growth/change percentage etc.
  • The presentation methodology is common like
    • Reports
    • Summaries
    • Pie-Charts
    • Bar-Charts
Credit Appraisal Management System
Credit Appraisal Management System

This application software will take care of all procedures relating various loan schemes starting from the inquiry to the disbursement.

  • Loan Enquiry
  • Pre sanctioned and Post Sanctioned documents
  • Details of primary and collateral securities
  • Details of Guarantors / Sureties
  • Loan Rating
  • Loan Appraisal
  • Loan Pricing
  • Loan Sanction
  • Loan Document Execution
  • Loan Disbursement
Suite Files System (SFS)
Suite Files System (SFS)

SFS is a Value Defining Solution that aims to assist Legal Departments of Banks, in efficiently pursuing their operations/litigations and taking timely actions and flawless legal processes. The Legal Process System involves following integrated processes and is well equipped with user friendly features and tools to help reduce time to perform various tasks.

Investment Banking / Treasury
Investment Banking / Treasury

Supports Dealing Room activities, Multi-currency Trade Finance operations, Forex transactions, Government Securities, Primary & Secondary markets, Call Money market operations & so on….

This software is mainly cover the banks investment.

  • Multi-Currency and integrated with SWIFT message
  • Deposit in other banks
  • Call Money / CBLO
  • Repo / Reverse Repo
  • Government Securities
  • Government / public sector Bonds
  • Treasury bills
  • Yield on investment
  • Valuation report
  • Assets liability management report
Reconciliation
Reconciliation

The software is made for the various types of Reconciliation.

  • Inter branch
  • Inter bank
  • NOSTRO account
  • Online matching at the time of responding transactions entries
  • Splitting of entries
  • Listing of closely match entries
  • Aging wise entries
Fixed Assets Management System
Fixed Assets Management System

Fixed Asset Management software allows banks to track what assets it owns, where each is located, who and where has it, the cost and depreciation of each asset

  • Three layers – Items, Sub Items and detailed items
  • Assets Purchased / Inwarded
  • Definition and Allotment
  • Depreciation (Straight line/ diminishing method)
  • AMC and Maintenance
  • Assets Tracking
  • Bar code support
Inward / OutWard
Inward / Outward

This module is very useful in exercising control over stationery, its utilization, and consequent expenditure.

  • Numbered and Non-numbered Stationery
  • Purchase / Inward / Outward
  • Three levels of Structure
  • Branch wise indent / requisition
  • Bar Code Support
  • Stock maintenance
Inventory
Inventory

This software package is created to help banks maintain records of their Correspondence Details. This package is helpful in searching for such records. All the letters, circulars, agreements, memos, notices etc can be indexed, quick and easy parameterized search for entered records.

Human Resource Management
Human Resource Management

This system maintains details of all employees.

  • Personnel Information
  • Recruitment Processes
  • Appraisal
  • Transfer and Promotions
  • Leave Management
Payroll
Payroll

This software works out salary and other related calculations and maintains.

  • Salary Calculation
  • Allowance / Deductions
  • Arrears, Bonus
  • Calculation of Tax of Income or other taxes
Share Membership
Share / Membership

This module maintains database of members (stake holder) in various categories including their shareholding.

  • Transactions of issue, transfer and buyback of shares.
  • Dividend payment on the share.
  • Generate the various reports
  • Link with the CBS so bank can have report on member’s liability.

The integration with the CBS is like…


  • Fixed Asset Management System (FAMS) directly will update depreciation into CBS GL/PL accounts.
  • Investment Banking – online voucher is updated into CBS
  • Credit Appraisal Management System (CAMS) – when credit department will approve loan in this module, then system will automatic open a loan account into CBS.
  • Suite Filed System (SFS) – when loan becomes NPA (non performing account) then such details will be transfer to the SFS module.
  • HRMS – when employee leave is marked in HRMS system, then the CBS system is not allowing to login for that employee.
  • Share dividend directly credited to CBS accounts.
  • Payroll salary directly credited to employee accounts saving, loan, recurring deposit etc. and loan recovery is directly credited to loan accounts.

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