Banking
MCL is a comprehensive, integrated-yet-modular core banking solution that caters to all the needs of a modern financial institution and its multiple business segments. MCL gives you the unique advantage of implementing a single Banking Software seamlessly across the organization.
MCL has been consistently ranked as one of top ranked Core Banking System for 5 consecutive years – 2010, 2011, 2012, 2013 and 2014.
MCL has helped banks to reduce costs and in turn improve the bottom-line and stakeholder rewards. MCL derives its rich functionality from our extensive experience and expertise as a leading provider of Browser Based Online banking Software solutions globally.
The flexible, functional architecture of MCL enables it to be deployed across a variety of scenarios depending on the financial institution’s business model.
MCL is built to run a range of functions: Retail and Corporate Banking, Treasury, Investment and Multiple Delivery Channel Support. It also supports high-end Business Intelligence, Internet banking, Mobile banking etc. Its contemporary architecture provides the capability to scale your business operations.
MCL offer to multiple delivery channels viz: Internet Banking, RTGS, EFT Switch, SWIFT, CTS, ACH, CRM, Mobile Banking, XBRL Interface for Statutory Compliance Reporting …
Retail Banking Software Services
With Customer Centricity gaining relevance in the last few years, Retail Banks across the globe are focusing on a better understanding of their Customer, forging a unified experience across Channels, embracing Mobility and experimenting with new revenue streams, while leveraging the captured & uncaptured Data. Hexaware with an experience of servicing Retail Banking software industry for over a decade now, offers comprehensive traditional IT services and has built innovative solutions to partner on their current transformational journey.
Service Offerings
MCL’s Services Suite for Retail Banking software segment comprise of:
- Business Consulting, including Core Banking application or 3rd Party Product Selection
- Portfolio Analysis
- Application Customization & Enhancement, Implementation, Support & Maintenance
- Legacy Modernization & Re-engineering
- Migration Services including Conversion & Data Migration
- Performance Optimization
- Independent Quality Assurance & Testing
- Business Intelligence & Analytics Services
- Mobility Solutions
The challenges in the Banking & Finance services sector includes the need to address stringent governing & compliance norms, increasingly commoditized nature of finance products and services, and challenges in controlling operational costs. R Systems specializes in offering a rich array of Banking & Finance services and solutions to meet the distinct and diverse needs of the sector. In our Banking & Finance COE located in India (Pune, Chennai and Noida) and US, we walk an extra mile to help global Banking & Finance institutions enhance their efficiency and serviceability. For ISVs catering to Banking & Finance domain, we offer Outsourced Product Development Services using our time-tested and proven model of iPLM. This ensures transparency, quality and cost effectiveness.
- Competencies
- Retail Banking
- Consumer Finance
- Corporate Banking
- Investment Banking
