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Corporate Account Management
BANKS provide a facility where by VIP accounts/ corporate accounts are managed by designated account managers. This creates a complimentary structure of account management. This provides a comprehensive information at various level of organizational set-up. The information is about:
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Credit exposure |
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Deposits |
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Expenses |
Regulatory Authority Information
BANKS contains practically all the data elements both current and historical, which contribute information to the regulatory authorities. The user bank can easily produce Performa reports required using this information.
Prize - Award
The system maintains the account balance history and allows the bank to select the type of ledger eligible for prizes. The number of chance the account can have for a draw, the type and number of prizes and the frequency of draws. The system either draws the prizes using random number generator or provides the list of allocated tickets for manual draw. The system maintains the history of draws.
The balance history of accounts data can also be used for many other purposes.
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