Datamate (India)

DataMate^TMenables automated end-to-end management of banking processes for all customer segments – retail, consumer, commercial and transaction banking. These include –

• Know Your Customer (KYC) and Account Opening
• Demand Loans: Overdraft, Cash Credit (Hypothecation, Packing Credit, Pledge)
• Transactions: Cash Deposits & Payments, Inward & Outward Clearing, Transfers and
• Fee Calculation
• Supports all Account Types: Savings, Current, Checking, etc.
• Term Loans: Short, Medium and Long-term Loans and Mortgages
• Supports all Deposit Types: Simple, Cumulative, Recurring, Flexi, etc.
• Letters of Credit: Inland and Foreign, Irrevocable or Back to back
• Bills: OBC/IBC, BP, BD, BD, FOBC, FIBC, FBP, FBN
• Non-Performing Asset (NPA) Management
• Reports and Regulatory Compliance

DataMate^TM uses J2EE and Oracle on an open technology platform for easy integration with existing systems. Users have the flexibility to choose from Windows, Linux and several versions of Intel-Unix and RISC-Unix. The application is based on advanced technology architecture that is independent of platform and operating system.  The technology highlights are:

• Browser based: Runs on IE (Internet Explorer) browser version 5.5 and above OR Mozilla 1.7.3 on Windows-2000 professional /XP workstation or Linux having at least 1024 MB RAM, PIII processor and any existing hard disk OR IE with Embedded O/S on a Thin Client (Recommended)
   
• Open Platform: It can be implemented on a wide range of hardware and software platforms – leaving you free to choose them depending on the exact requirements and situation. Choose from Windows, Linux, and various versions of Intel-UNIX and various versions of RISC-UNIX.
   
• Best of Breed: DataMate uses Oracle as the database engine and is built around the functionality provided by application servers for reliability and protection against future technology development. As another example of our philosophy of open platform customers have a choice among application servers – WebLogic, WebSphere, Oracle and Pramati.
   
• Standards Compliant: DataMate complies with ISO 8583 standards and Web Services (WSDL). You will never be limited in the interactions that DataMate can handle. 
   
• Massively Scalable: DataMate uses component based, J2EE framework for development. Among others, this framework provides a high degree of scalability. For limited volumes and users, all the system components can be deployed on one hardware server At the other extreme, not only can the database and the web server be deployed on their own servers, each application component can be deployed on its own server

• DataMate is a fully centralized, browser basedand customer centric Core Banking solution that provides intuitive navigation coupled with aesthetics that ensures ease of control, maintenance and support by a limited number of experts.
• The product is extensively parameterized and hence new deposit and loan products can be created quickly ensuring shorter go to market timelines.
• DataMate is built using EJB-J2EE (Enterprise Java Beans) technology which guarantees scalability and security.
• Bank wide unique id facilitates a broader view of a customer and supports group limit management as all the limits have been linked to a customer. Hence interchangeability of limits in the system is possible within the caps provided for each limit.
• A very comprehensive Interest and Charge sub-system in DataMate helps in defining various levels and types of interest and charges, which can also be parameterized per requirements of the user. The bank need not fall back on Datavision for customization.
• Logs for deviations and exceptions to arrest income seepages can be recorded with appropriate trails also created for master data changes for future audit purpose.
• A powerful memo system allows the user to feed alert messages for an account, which gets automatically displayed whenever the account is accessed.
• 8583/IFX/Ofx/SWIFT interfaces provide seamless integration with any outside financial channel.
• Besides various measures of security available in the product, the User tracking sub-system keeps on-line track of each and every access to the options in the menu by every user entered in the system