Core Banking Products and Services
We Takyon System Solutions is the prime partner of C-Edge Technologies ltd. in CBS Implementations and Post Implementation Activities. C Edge Technologies is a joint venture promoted by Tata Consultancy Services LTD & State Bank of India. They are the technology, infrastructure and services provider for the banks in the country including rural and co operative sectors.
Core banking application that C-Edge offers on ASP is BaNCS Software, an internationally renowned solution already adopted by 116 banks in 35 countries, including India, where it forms core of State Bank of India and its 6 Associates Banks' domestic banking.
Bancs 24 is a highly advanced state of the art system that provides reliability, flexibility and rapid response to market pressures. Using online, real time transaction processing technology along with relational database techniques, provides a stable resilient yet flexible core banking facility.
Bancs 24 fulfils most of the application needs with its highly modular 'building block' design, incremental capacity, open system architecture, excellent reporting, smooth, efficient conversion and special system security.
Takyon has placed a record of successfully completing the CBS implementation Projects partnering with C Edge in the major RRB’s and Co Operative Banks such as
- Thrissur District Co Operative Bank
- Andhra Pragathi Vikasa Gramin Bank
- Deccan Gramin Bank
- Souharda Co Operative Bank
- Cauvery Kalpataru Gramin Bank
- Karnataka Vikasa Gramin Bank
- Andhra Pragathi Gramin Bank
- Gurgaon Gramin Bank
- Pragathi Gramin Bank
- North Malabar Gramin Bank.
Takyon with its years of experience and expertise resources in banking domain has successfully executed the end to end implementation of CBS activities suchas
- System Analysis
- Data Extraction Tool Design & Development
- Data Migration of the Branches to CBS application
- CBS Server Implementation and Handholding Support
- Helpdesk activities
- Product Usage Training covering upto 2000+ branches in rural regions of the above banks.
With its dedication and commitment to business, efficient project management and implementation skills and the motto of achieving the end customer satisfaction, Takyon has been chosen the most preferred partner of C-Edge in its end to end CBS implementation activities over the past few years.
Takyon along with the successful association of C Edge over the coming years is expecting to bag more projects and thus committed to provide and implement the latest online technology in the banks and help them to manage the real time transactions in the most efficient manner.
Data Analysis
Legacy data can come virtually from everywhere. **Figure 1 indicates that the various sources which you may get legacy data. The common source of legacy data includes existing databases, XML, Services, Flat files, Configuration files etc. There is often more gaining access to legacy data than simply writing an SQL query against an existing relational database.
The information captured includes Data Analysis Checklist Check list Answer Is there sufficient data which meet your requirement? Yes / No Is the data accurate? Yes / No Is the database meets the quality Yes / No Does your chart specify units of measurement for all data? Yes / No Have you verified that all calculations are correct? Yes / No Have you summarized your data to the proposed system Yes / No
This analysis helps to identify the gap between the legacy application and core banking platform and that leads to develop plans for modernizing the application that needs to be retained. Design and development of migration tool The next important step is to study the tool to be built for convert the legacy application to the new core banking platform. The result from the analysis is used to identify the tool and interface requirement for integrating the legacy application with core banking platform. Another step in this stage is to develop a mapping mechanism for the data migration.
Hand Holding & Help Desk Takyon offers a series of interactive training modules and hand holding support to train on the banking application. The hand-holding support is to be provided to the branches migrated from old system to B@ncs24 (CBS) at different branches of the Bank across the country. The details of the work we are doing are as under:
