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Our
Segments

Our banking platform is an on-line, real-time transaction processing and account servicing engine integrated with all of our application services.
Banks
Savings & Loans
Credit Unions/SACCOS
Finance Houses
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Banks

X.100 has been successfully implemented at various forms of banks viz.: Commercial Banks, Savings & Loans, Microfinance Companies, Community & Rural Banks etc.

Our banking platform is an on-line, real-time transaction processing and account servicing engine integrated with all of our application services. Possessing unparalleled functionality depth obtained through our partnerships with global markets will support your entire portfolio of loan and deposit products for servicing business and consumer relationships, and includes a fully integrated general ledger , customer relationship management system a management system document
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Savings & Loans

With X.100 Core Banking Solution for Microfinance banks, the MFI have the ability to serve the Microfinance, Micro Savings products to its individual customers, customer groups.

The X.100 Microfinance Solution have been designed specifically keeping in mind requirements of microfinance organizations to offer on field banking services through its network of agents, field officers and credit officers with POS, SmartPhone Banking Software to reach to the masses. X.100 MicroFinance functionality automates following Microfinance related products offered by the MicroFinance Banks. In typical MicroFinance or MicroCredit Organizations, disbursement & repayments collection for group loans, caution money deposits are done through field officers. The major challenge the MFI's facing is that MFI does not have any control over the amount collected by agents and issuance of receipts and documents / certificates to the customer. The X.100 Smartphone interface for MFI, automates the customer enrollment, loan disbursement & collection process based on efficient, foolproof and cutting edge technology that is designed to provide real time data merging with the Core Banking System database. This system gives a total control over the money disbursements or collections by the field officers, issuance of receipts to the customer. With SMS banking functionality, bank may ensure additional security by sending SMS confirmation of all on-field deposit transactions to registered cellphones of the customers. We believe our solution will overcome the challenges / limitations in the current on-field process of loan disbursement & collection. The MicroFinance Module together with Retail Banking Module offers complete solution to the banks offering MicroFinance and Retail Banking products to its customers.
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Credit Unions/SACCOS

X.100 has as one of it options a credit Union system. The important functional features of Employee Credit Society Version include:

  1. Member Registration
  2. Shares Management
  3. Compulsory Deposits Management
  4. Voluntary Deposits (Savings)
  5. Member Loans Products (Regular, Festival, Emergency Loans etc..)
  6. Member Loan Guarantor details
  7. Loans Origination, Credit Appraisal
  8. Online Monthly Demand
  9. Dividend Calculation
  10. Financial Accounting
  11. Financial Statements and MIS Reports
  12. SMS Banking
  13. Online Internet Banking
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Finance House

The X.100 for Finance Houses have been designed to cover the entire working of a Company/Firm involved in Hire Purchase, leasing and related Business.

The core issues like Recovery and Deposit Management have been thoroughly covered while the focus being on the management and control of business apart from maintaining Financial Accounts. The Credit and Deposits functionality covers Vehicle Finance, Loan against Property, Loan against Gold, Fixed Deposits, Recurring Deposits and Reporting. The Recovery Management functionality covered includes Check Clearing (ECS) mandate, normal clearing functionality, PDC management, Default Notices, Asset Seizure, auction notices, asset repossessing etc.

  1. Core functionality includes:
  2. Deposit Administration
  3. Credit Administration
  4. Customer Care
  5. Loans Origination, Credit Scoring, Credit Appraisal
  6. Assets Repossessing (Notices, Asset Seizure, Auctions)
  7. Legal (Cases/Suits) management
  8. Financial Accounting
  9. Any Branch Banking
  10. SMS Banking
USG is an Industry leader in Financial Software development and sales, Datacenters/Disaster-Recovery building, consulting and outsourcing. We help our clients, to stay ahead of emerging business trends and also outperform other competitors in the industry.

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