Kensoft Infotech has a specialised range of Enterprise Level Products with Financial DSS (Decision Support Systems). These high-performance Cloud Ready Software Products are part of the KenCloud Suite of FinTech Applications.
KEN-CBS (Kensoft's Core Banking Software) is a seamlessly integrated & comprehensive Enterprise ready banking software solution. It encompasses all aspects of banking operations of a commercial bank and can be customized to the specific needs of any bank.
Ken-CBS covers all the core areas of modern branch banking in a centralized environment. With Customer management by a single unique customer ID for each customer with an integrated customer information module for KYC and simplified CDD (Customer Due Diligence). It has a very Modular Design with a self guiding workflow.
KEN-CBS has Authorization levels defined by the user with the concept of Maker-Checker followed in all areas. An Online extensive Audit trial is built into this software system. It is a flexible, easy-to-use, customer friendly software that encompasses industry standards and is easily configurable. It's core modules span across the areas of risk management with data analytics upto the core areas of financial accounts processing.
Some Key Modules of Ken-CBS include Demand Liabilities module comprising of Deposit schemes specific to a bank wherein a new scheme can be added by simply defining parameters online by privileged users. This solution has integrated Loans and Advances Modules comprising of End to end NPA management, Parameterised setting for Interest rates, interest variation for a scheme and interest variation for a defined group, OBC & ECS, Cheque book stock management and other such salient features.
Our Demand Liabilities module comprises of key features like Savings and Current Account with a detailed Term Deposit module. Fixed & Recurring Deposits with Pigmy Deposits are additional built in features. Deposit schemes are specific to a bank where in a new scheme can be added by parameter definition through the Ken-CBS user. Flexi deposit schemes with TDS management are also built into this software system. It also has plug-in modules for compliance management with legal documentation logs.
Our Core Banking solution is developed on the world's best Oracle Databases and Fusion Technology with HA, reliability and extreme performance. It's application programs reduce process complexity in a range of ways, including replacing inflexible, hard copy rules with sophisticated, automated credit policies, legal checks and various other process checklists.
Kensoft's suite of Enterprise FinTech Products are qualified on the world's best Oracle RDBMS and Fusion Technology. As an Oracle Gold Partner for over 10 years, we provide Support Assurance for Oracle database implementations and Application Server Management & Tuning.
Kensoft's FinTech Applications are designed and optimized for the industry’s broadest and most integrated Oracle Cloud Platform.
KenCloud Financial Applications are integrated with Amazon Web Services. Our software applications are designed and developed on multi-tier web architecture.
With our Server management & Computing expertise and IBM's Support and resources, we can guide you on how to manage and maintain your Data Centre in the most efficient, secure and cost effective manner on IBM - Softlayer.
Kensoft Infotech Ltd. is a proud recipient of the CSI National Award for IT Excellence in the BFSI sector at the 48th CSI Convention. The award was conferred by Mr. J Satyanarayana, Secretary, Department of Electronics & Information Technology, Government of India, Mr. S V Raghavan, President of CSI and Scientific Secretary to the Union Government, Mr. Anil Srivastava, Joint Secretary to the Ministry of Civil Aviation & Chairperson with other senior officials of the Government of India. There is a marked presence of industry stalwarts & IT experts at the CSI Convention, such as the CTO - Bank of America, MD - VMware, CIO - Wipro Ltd. and other esteemed dignitaries. The Computer Society of India has instituted this National Award for those who have implemented exemplary projects in the field of IT to meet their organizational goals and improve service delivery to the target segment. Formed in 1965, the Computer Society of India (CSI) has been instrumental in guiding the Indian IT industry down the right path since its formative years. Today, the CSI has over 73 chapters with more than 90,000 members, including India's most famous IT industry leaders, brilliant scientists and dedicated academicians. The finalists and star participants were Datamatics Global Services Ltd, Mahindra & Mahindra Financial Services Ltd, Union Bank of India, Kensoft Infotech Ltd, Tech Mahindra, Bharat Heavy Electricals Ltd, iGate, IBM, Reliance Infra and other corporations of distinguished stature.