RegTech integrated with Kensoft's enterprise lending application suite - Retail Lending | Corporate Finance | Microfinance

Kensoft has successfully implemented various aspects of regulatory technology by integrating online statutory reporting and multi-bureau APIs into all core modules of their Award Winning enterprise lending application suite! Kensoft’s FinTech products comprise of built-in regtech solutions with e-KYC integration, CIBIL statutory reporting, online NHB compliant reports, NACH modules with a mandate management system and many more. These application modules are engineered to work with our retail loans system, microfinance system & MSME business loans product.

Our highly specialized core library stack ensures that workflow integration is maintained with functional unification of our core lending engine. These applications and web services are aligned with the system's straight-through-processing in our flagship products of housing finance, corporate lending and microfinance. They have been developed on Oracle Fusion technology with SOA for web service invocations and integration.

Kensoft - ProcessGate: Integrated Lending Application Suite

For instance, our highly comprehensive housing finance software suite has a wide range of system generated reports that cater to monthly, quarterly, half yearly and annual regulatory requirements of NHB (National Housing Bank). We also have CAR (Capital Adequacy Ratio) reporting built in with our loan management systems for catering to the requirements of other national regulators such as the Reserve Bank of India.

To learn more about digitization driven through our enterprise fintech applications, 

please visit ↦ https://m.kensoftnet.com/digitalbanking.html

     Follow @KensoftInfotech

Ken-HFS E.E : Integrated Housing Finance Software with PMAY - CLSS Product Suite

With our honourable Prime Minister's vision of housing for all in 2022, under the PMAY (Pradhan Mantri Awas Yojana) scheme. All eligible borrowers can avail interest subsidy on the purchase/construction/enhancement of a house.

Kensoft's enterprise housing finance software has a fully integrated suite of PMAY products with modules that are developed to manage & monitor all loan accounts in the system under the Credit Linked Subsidy scheme (CLSS). Our loan management and accounting engine is designed to handle cases under the EWS (Economical Weaker Section), LIG (Lower Income Group), MIG (Middle Income Group) categories defined in our PMAY product & scheme matrix.

This PMAY product suite has programs integrated with the Loan & Financial accounting engine of Ken-HomeFinSys which handles claim initiations for subsidy, eligibility of subsidy, pending status, and a refund framework with several other features.

Generation of NHB complaint statutory reports are also available online.

For more information on this product suite, please Contact Us

     Follow @KensoftInfotech

Kensoft's Suite of FinTech Applications : Retail Loans

KenCloud Enterprise Lending Mobility Solutions

Our FinTech applications of this product suite are developed with the world's best, most secure and highly scalable Oracle database engines and are integrated with Kensoft's Award Winning loan management systems. KenCloud applications comprise of various modules covering the entire spectrum of the retail loans sector as well as corporate finance/business loans. Automation through our mobile applications would enable NBFCs and other FIs to reduce turnaround time with pro-active alerts and instant acknowledgement and resolution for their field operators and sales agents on the go!

KenCloud Mobililty Suite : DSS Console for Corporate KPI Analytics - Integrated with Kensoft's Enterprise Lending Suite

As seen above, an instance of our DSS Console is shown (as seen on a tablet) with advanced MIS for PEMI and EMI Collections with Corporate KPI details for each month as well as the entire fiscal year. This mobile loan management software is integrated with Kensoft's Enterprise Lending Suite and is designed for NBFCs, Banks & FIs operating in the retail lending, corporate finance and microfinance sector.

     Follow @KensoftInfotech

Kensoft - Oracle Cloud Ready FinTech Applications

Kensoft - Oracle Cloud Ready FinTech Applications

Kensoft offers domain enriched and seamlessly integrated FinTech Applications which are designed and developed on the world leading Oracle Database systems with state of the art Oralce Fusion Technology. As an Oracle Gold Partner, Kensoft is recognized for Oracle Cloud Ready Enterprise Applications.

Oracle has the world's best Enterprise-proven database cloud which supports workloads from medium to large scale production deployment. It is fast, elastic, agile and is designed on Multi-layered architecture with in depth security and encryption. Ken-HFS (Kensoft's Integrated Home Finance Software) is developed and optimized on the Oracle Cloud Database delivering speed, simplicity and flexibility for faster time to value and savings. 

Learn more about our Oracle Cloud Ready Applications

   Follow @KensoftInfotech

Kensoft Enterprise Cloud : Financial Software Products with Advanced DSS

Kensoft's comprehensive, integrated and scalable financial software applications for NBFCs engaged in the business enterprise lending. Our flagship products are designed to streamline all operational activities of an NBFC, FI or Bank engaged in the business of Home Finance and Institutional Lending. Our high performance solutions have high availability as they are developed and maintained on world leading Oracle engines with the #1 Database and Fusion Middleware technology to facilitate proper data management and ensure data integrity.
Some of the many key differentiators of our products earned us the National Award for Excellence in IT - BFSI at the 48th CSI Convention.

Kensoft's Newscast on Quora at Kensoft Enterprise Cloud : Financial Software Products

   Follow @KensoftInfotech

Kenware Suite of Cloud Applications : BFSI (Retail Loans, SME Lending & Microfinance)

Witness Instant productivity for your NBFC with the highly integrated Kenware Suite of Cloud Applications for the BFSI sector. This Suite of domain enriched Software applications is tailor made for companies engaged in business of Retail Loans, microfinance, MSME business lending, LAP etc. 

The Kenware Suite has enterprise cloud ready web-based applications which are designed and developed on the 3TA(three tier architecture) with superior performance for medium to high volume environments. Kensoft has built a large base of IP (Intellectual property) in software products over the years. With firm domain knowledge & technical expertise built over 15 years, gained from meaningful experience of development and implementation of large-scale projects with inputs from various industry stalwarts.

To Sign-Up & Register, please visit - https://www.kensoftcloud.in/

Read about the Kensoft Cloud on Google+ 
   Follow @KensoftInfotech

E.R.P Software - Asset Reconstruction Companies : Kensoft

Ken-ARC (Kensoft's E.R.P Software for Asset Reconstruction Companies) is a seamlessly integrated enterprise software product designed for companies engaged in the business of resolution of non-performing loans (NPLs) acquired from Banks and financial institutions. 
Ken-ARC drives innovation and productivity with several modules & over 1150 program units seamlessly integrated to enable control, monitoring & management.
Learn more about this product at - http://www.kensoftnet.com/kenarc.htm

Ken-HomeFinSys | Kensoft's State of the art Home Finance Software

Housing Finance is one of the most important segments of our economy due to its backward and forward linkages and interrelationships with other sectors such as manufacturing and services. The formal institutional funding for housing in 1982-83 was Rs.1,071 crores; in 2010-11 the corresponding figure was Rs. 1,75,000 crores. An annual Growth Rate of 15.9 per cent is recorded.
Ken-HomeFinSys is aimed at enforcing productive business practices and efficiency at every level. 
This software product is built on a 3-tier web based architecture which can be leveraged by smaller companies as well as multi-nationals in the Indian environment today.

Kensoft's Home Finance Software | Ken-HomeFinSys

The CSI IT Excellence Convention is for companies who have implemented exemplary projects in the field of I.T. to meet their organizational goals and improve service delivery to the target segment. Kensoft is a past winner & current finalist of the IT Excellence Awards along with other companies of distinguished stature like Hindalco Industries Ltd., Vodafone India Ltd., Persistent Systems Ltd & Union Bank of India. Kensoft's Enterprise Home Finance Software is recognized among the top 5 Financial Software Systems in the BFSI sector by the CSI in association with Knowledge Partner Deloitte & i3R Global. Ken-HomeFinSys is a domain enriched Enterprise Software tailor made for HFIs & Banks engaged in the business of Home Loans.
                           

Ken-HomeFinSys - India's Leading Home Finance Software System & Finalist at the 

CSI IT Excellence - 2014 (BFSI sector)

High Performance Decision Support Systems | Kensoft

Kensoft Infotech has a wide range of Enterprise Financial Software Products which are designed & developed on cutting edge technology with the Oracle's engines. Our Domain enriched IPR based software products are aimed at delivering the desired outcome for your organisation.
We have a wide range of banking/ lending Software Solutions which are tailor made for Non Banking Finance Companies (NBFCs), Financial Institutions (FIs) and Commercial Banks.

Kensoft | More Competence...Less Hype.

One of the many distinguishing features of our suite of Award Winning Software Products is that it eliminates downtime and idle redundancy on high-grade grids at a low cost.

For more information, have a look at Kensoft's Newscast!

     Follow @KensoftInfotech

National Award Winner - IT Excellence 2013 | Kensoft

National Award Winner - IT Excellence 2013 | Kensoft | Enterprise Software Products

Kensoft Infotech Ltd is a proud recipient of the prestigious National Award for Excellence in IT at the 48th CSI Convention-2013.                            

 Kensoft Infotech Ltd, Directors with Executives receiving the award from Secretary-DOE (DeitY), Union Ministry of Communications & IT- Mr. J Satyanarayana and Prof. S V Raghavan, Scientific Secretary to the Union Government, President-Computer Society of India with other eminent dignitaries.

For benchmarking excellence in IT, the 48th CSI Awards Convention included the following participants & finalists: Datamatics Global Services, iGate, IBM, Reliance Infra, Tech Mahindra & other companies of distinguished stature. With Knowledge Partner: Delloite, the evaluation process included a rigorous three tier selection process to select the winners. The Jury comprised of: Top Industrialists , Renowned Academicians and well known practitioner's of Information and Communication Technology.

For more information, have a look at Kensoft's Newscast!

     Follow @KensoftInfotech

A Closer look at Big Data Today!

When a collection of data sets are really large & complex, it becomes hard to process and manage such data in traditional ways using conventional RDBMS tools & programs. Such forms of data could be referred to as Big Data. This includes both structured & unstructured data.

                     

Now, it is pretty evident that data is going to keep getting bigger and bigger. Today's data comes from multiple sources. If such data is not managed correctly, it can spiral out of control. 

The aim for most organizations working with Big Data is to be able to analyze & drill through any harmless relevant parts of such data in order to achieve the following:-

• Relative predictions of outcomes and behaviors
• Smarter business decision making
• Quick identification of the most significant customer base
• Cost & time reductions during new product development with optimized offerings
• Usage of inductive statistics with data mining to detect fraudulent behavior

By using some diverse products and extensive data analysis strategies available today, organizations could certainly achieve all of the above & much more.

Almost all Big Data explorers today are saying that it will accelerate efficiency, quality and produce higher levels of customer satisfaction & experience. One must be clear of what their Big Data strategy is and how to go about implementing it.

There seems to be some new business value waiting to be utilized through various emerging big data technologies. Many such products & platforms today are entirely cloud based or have cloud versions. This goes to show that Big Data & cloud computing go hand in hand.

The big question is, will they be consistent enough in handling & monitoring such large data to derive true & new value!

Author - Anshuman Shekhar  via Kensoft Infotech's Blogsite

  Follow @AnshumanSekhar        Follow @KensoftInfotech

Sources/ Reference List :- Wikipedia - http://en.wikipedia.org/wiki/Big_data                       

Stay updated with Kensoft on Tumblr!

Do follow Kensoft Infotech's blog on tumblr at :- http://kensoftinfotech.tumblr.com/

Commendations | Awards - Kensoft Infotech Ltd.

Have a look at some of the distinctive commendation letters & certifications recognising Kensoft's best of breed Software Products & Services.
Please visit Kensoft's Website