Vortex is a customized core banking application which operates in an integrated manner. In an overall banking environment, Vortex enhances efficiency and accessibility in service delivery to its clients. It consumes minimum operating requirements which allow smoother implementation on almost any sort of infrastructure with minimum up-gradation and greater return on investments. Vortex is policy centric in which regulations and policies are routed through single interfaces and are available for bank-wide operations.

Built on Microsoft technologies, Vortex is an integrated suite of banking applications which will enable core banking operations. Applications include the richness of functionality, flexibility of architecture, customizability, scalability of the solution, usability and security. It is a complete banking solution that caters small to large scale bank needs, their operational problems and required business effectiveness. This application can be deployed on any type of infrastructure and on basic availability of the connectivity. It also meets the changing needs and enables targeted revenue growth in addition to cutting operating costs that gives the Bank an edge over its competitors.

Vortex offer a total package for Banking business in a more dynamic manner, designed and developed using Microsoft’s latest technologies.

Vortex comprises following modules

Banking Core encompasses the following business features:

• Multilevel Chart of Accounts
• Transfer/Journal Voucher
• Multi Currency

Retail Banking encompasses the following business features

• Savings and Current Accounts
• Advances and Mortgages
• Deposits
• Account Fund Transfer
• Financial and Non Financial Audit Trail
• Configurable Policies
• Cash Teller
• Remittance
• Standing Operatives Instructions
• Lockers
• Clearing
• Online Advice Transfer
• Product Modeling and Customization
• Withdrawals
• Secure Stationery
• Lien Marking/Debit Block
• Closings
• Main and Sub Collection Accounts
• Group Equity Limits
• Fix Deposits
• Automatic Tagging of Accounts
• Modeling of Appliance for Lease
• Customer Profile
• Live Branch Affair Monitoring
• Customer Pipeline information Monitoring
• Reconciliations
• Working Dates
• SBP Reporting

Wholesales Banking

• Bill Collection
• Forward Exchange
• Credit Limit Management
• Shipping Guarantees
• Finance Against Trust Receipts
• Collection
• Import with Local Contract
• Import with Foreign Contract
• Import with Advance Payment
• Export Finance
• Pipeline Information Monitoring
• Duty Drawback
• Letter of Credit Advising
• Export with FC
• Export with Advance Payment
• Finance against Imported Merchandize
• Negotiations
• E-Form Stock Management

Delivery Channels

• ATM Integration
• SWIFT Integration
• Point of Sales
• Online Banking
• Credit Approval Forms and Approval
• Reports
• Data Warehousing

Vortex is compliant with CMMI and ISO standards for Software industry. Microsoft Solution framework methodology has been adopted in developing this product.

Vortex is independent of high cost application and database servers if compared to other offerings in the market. It has following additional features:

• Framework based approach
• Instant analysis of your business to ensure responsiveness
• No manual reconciliations overhead
• Better usability by interactive user interface and help menu
• A cost effective solution with rich functionality and built upon sound technologies