NIIT Technologies

With limited access to funds and subtle differences in their field of operation, cooperative banks face a different set of challenges than commercial banks. They must meet regulatory requirements, evaluate outsourcing propositions, tap new markets, and grow in reach.

Traditional on-premise core banking solutions, which are typically built keeping the needs of commercial banks in mind and customised for cooperative banks, fail to meet the needs of these banks, as they leave some nuances in operation unaccounted for.

At NIIT Technologies, we understand the challenges faced by cooperative banks. NIIT Technologies’ banking solution, BankingEasy, is a highly secure, cloud-based application that has been developed keeping the specific needs of cooperative banks in mind.

BankingEasy gives cooperative banks the tools they need to enhance their core service offerings within the stipulated time and budget. It helps them save on time and cost, get better access to information across branches, and take better decisions. It enables them to become agile and proactive, and effectively manage the myriad challenges they may be facing.

Why BankingEasy?

  1. Highly secure: With NIIT Tech being positioned in the service provider space, it has the right data centres, right security certifications and people trained and screened for security purposes. Banks can rest assured about the security of their financial data.
  2. Right size for cooperative banks: Large solutions may not be flexible enough to adapt to the needs of cooperative banks. However, NIIT Technologies’ focus is cooperative banks, and through BankingEasy, it offers a solution that can be easily customized to suit their needs.
  3. Software built specifically for cooperative banks: It is not software built for commercial banks which is modified to suit cooperative functions, but software that is created with cooperative banks’ needs in mind. Therefore, it captures nuances and differences that escape other solution providers.
  4. Proven core banking software already working in 300+ branches