Konnectiva empowers financial institutions – from central banks and credit unions to retail, private, and corporate banks – with robust core banking solutions built on the OLYMPIC Banking System. We digitize complex front and back-office processes to drive enhanced efficiency and growth, enabling institutions to thrive in India’s dynamic digital core banking environment. Our banking software platform helps you stay agile and effective.
Konnectiva’s core banking solutions support financial institutions in navigating the rapidly evolving digital landscape. Our advanced technology integrates with modern banking systems to boost operational efficiency, enhance customer experiences, and adapt to the changing needs of the Indian market. We offer:
Our core banking system is designed to enhance banking operations and improve customer satisfaction. Built on Service-Oriented Architecture (SOA) and a robust database management system, our CBS seamlessly integrates various banking channels, including internet banking, mobile banking, and ATM networks. The system uses a modular approach, where each module addresses specific functionalities, ensuring scalability and flexibility. Our development process includes requirement gathering, design, development, testing, and deployment, tailored to your bank’s unique needs. Key features include:
Konnectiva’s CBS provides a comprehensive, centralized banking system for managing customer accounts. Banks can easily create, update, and track accounts in real-time, ensuring accurate balance management and seamless access to transaction histories. This centralized banking system enhances efficiency and reduces errors by consolidating account information.
Our CBS simplifies the management of deposit and loan portfolios, allowing banks to handle a wide range of deposit types and loan products with ease. Banks can quickly process deposit requests, manage loan applications, track interest rates, and generate reports to monitor loan performance and outstanding balances, improving decision-making and customer satisfaction.
With advanced payment processing capabilities, Konnectiva’s CBS supports various types of transactions, including online payments, mobile payments, and card-based transactions. The system is designed for speed and security, ensuring seamless, error-free processing while supporting diverse payment methods, thus enhancing the overall payment experience for customers.
Our CBS integrates CRM tools to offer a 360-degree view of customer interactions across channels. By analyzing customer data, banks can gain insights into behavior and preferences, enabling them to deliver personalized services, improve customer retention, and tailor marketing strategies to meet evolving customer needs.
Konnectiva’s CBS is built to comply with stringent regulatory standards, ensuring that banking operations meet industry requirements for data security and privacy. With advanced encryption protocols and multi-layered security measures, the system helps banks safeguard sensitive information, prevent fraud, and protect against potential cyber threats, providing peace of mind to both institutions and their customers.
Konnectiva offers a suite of sophisticated services through our core banking system (CBS), empowering financial institutions in India to streamline operations, enhance customer experiences, and ensure regulatory compliance. Our CBS is designed to exceed the expectations of modern banks, providing innovative tools to manage daily activities efficiently and focus on customer needs.
Konnectiva's CBS unifies all customer touchpoints, including internet banking, mobile banking, and ATM networks, into a seamless experience. With a centralized view of customer accounts, banks can provide a consistent and personalized banking experience across all channels, fostering loyalty and improving satisfaction.
Our CBS enhances operational efficiency by automating transaction flows, enabling Straight Through Processing (STP). By removing manual intervention, banks can accelerate transaction processing, improve accuracy, and reduce operational costs. STP ensures that each transaction is processed in real-time, helping financial institutions provide faster and more reliable services to their customers.
Konnectiva’s CBS is an integrated front-to-back-office solution that connects every aspect of banking operations. From customer onboarding to transaction settlements, our system facilitates a smooth and synchronized workflow across all departments. This holistic solution empowers banks to handle customer relationships, financial transactions, and regulatory compliance with ease, ensuring higher productivity and operational excellence.
Security is a top priority at Konnectiva. Our CBS includes advanced features like secure login protocols, multi-layered authentication, and role-based access control to ensure that only authorized users can access sensitive data. We provide banks with granular control over user rights, account management, and system locks, reinforcing the integrity of banking operations and preventing unauthorized access.
Konnectiva’s CBS is built around a customer-first philosophy. By offering a real-time, 360-degree view of customer relationships, banks can deliver personalized and data-driven services that foster deeper connections. The system aggregates customer data from all touchpoints, providing banks with actionable insights to predict needs, improve service offerings, and nurture long-term loyalty.
Designed to adapt to an ever-changing financial landscape, Konnectiva’s CBS is built on an agile framework, allowing for swift customization to suit the specific needs of your bank. The system is highly extensible through parameterization, enabling quick deployment of new features and functionalities, making it easy for banks to keep pace with evolving market demands, technological advancements, and regulatory changes.
At Konnectiva, we ensure that our CBS is fully compliant with the latest regulations set by the Reserve Bank of India (RBI). With regular updates to reflect changes in banking regulations, our system helps financial institutions stay compliant and avoid penalties, all while maintaining operational efficiency and security.
We take pride in delivering a reliable, bug-free CBS. Through rigorous testing and quality assurance processes, our system guarantees high performance, stability, and minimal downtime. With a proven track record of successful implementations, Konnectiva’s CBS is trusted by banks to maintain smooth operations, even under heavy transaction volumes.
Konnectiva’s CBS empowers banks to offer a fully integrated, feature-rich mobile banking experience. Our mobile app allows customers to manage their accounts, perform transactions, and access banking services with ease, whether they are at home or on the go. With real-time updates, a secure interface, and a user-friendly design, your customers will enjoy an intuitive and seamless mobile banking experience.
Konnectiva’s CBS supports seamless integration with communication APIs such as miss-call banking, IVR services, long codes, and short codes. This enables banks to provide additional customer engagement channels, making it easier for customers to access banking services, receive alerts, and perform transactions with minimal effort.
Our CBS offers full integration with multiple payment systems including NFS (National Financial Switch), POS (Point of Sale), ECOM (e-Commerce), IMPS (Immediate Payment Service), and UPI (Unified Payments Interface). This connectivity ensures that your bank can process a variety of payments, whether online, at physical locations, or through mobile apps, providing customers with convenient, real-time payment solutions.
Konnectiva’s CBS supports seamless integration with a wide range of banking hardware and third-party software systems, such as ATMs, biometric authentication devices, card readers, and more. This interoperability ensures that banks can integrate new technologies into their existing infrastructure without disrupting operations, providing a smooth and scalable solution for growing financial institutions.
At Konnectiva, we are driven by a commitment to innovation and excellence. Our global delivery models enable us to seamlessly collaborate across time zones, ensuring efficient and timely delivery of projects regardless of location. With a blend of cutting-edge technology, industry expertise, and customer-first solutions, we are here to help you achieve your business objectives.
Here’s why Konnectiva is the ideal partner for your software development needs:
We transform legacy banking systems with scalable, cloud-based solutions, ensuring robust security and compliance.
Our platforms enable seamless transactions and data processing, optimizing banking operations instantly.
Leverage AI to deliver personalized customer experiences and data-backed decision-making.
Konnectiva specializes in transforming IoT-generated data into actionable insights, ensuring it’s optimized for AI applications. Our data management services help businesses organize and clean data, enabling smarter decision-making.
At Konnectiva, we are committed to delivering innovative solutions and fostering strong partnerships. Here are a few of our major successes that demonstrate our pursuit of excellence:
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