Banking & Financial Services

Currently, the banking sector is undergoing a significant transformation: it is no longer the bank that dictates how and when banking transactions take place, but the end consumer. This shift requires the adoption of digital technologies, mobile communication channels, and open architecture.

Cedrus Technology is dedicated to supporting various financial institutions, including private commercial banks, public-sector credit institutions, cooperative banks, and other financial service providers, on their digitalization journey. We offer a comprehensive range of IT solutions, consulting services, and outsourcing options tailored to meet the specific needs of these organizations.

Cedrus Technology encompasses a suite of IT solutions designed specifically for banks and financial service providers. Our portfolio includes essential components such as the Banking Solution, Online Banking Solution, Credit Product Configurator, and Anti-Money Laundering Software, all aimed at empowering institutions in the realm of banking IT.

Core Banking System

The Core Banking System is designed to empower both existing and potential customers with greater control over their account transactions. Thanks to technological advancements, transactions have become more secure, faster, and less cumbersome. The ability to execute these transactions remotely from anywhere in the world has made core banking systems an integral part of modern banking.

Anti Money Laundering System

Our Anti Money Laundering Solution engages banks and monetary foundations to proactively oversee AML dangers and consistency. The AML arrangement encourages the investigation, classification, and evaluation of tax evasion risk. The AML application offering can be utilized to audit and improve existing AML arrangements, just as to propose and actualize new arrangements, in view of each client’s necessities.

Online Banking Solution

In this developing innovation world, the internet has changed the lives of individuals as well as has changed the essence of the banking industry. Banking innovation is developing continuously. What’s going on today will become outdated tomorrow. Banks and budgetary organizations are utilizing innovation to serve their clients 24×7 by furnishing them with a stage to assist them with meeting their fundamental financial necessities. Online Banking empowers banks to give a simpler method to do all the money related exchanges through the bank’s site. Through the bank’s site, the client can perform nearly their financial necessities on-line, which is the reason internet banking is additionally some of the time alluded to as online-based banking or advanced banking or virtual banking.

Credit Product Configurator

Our credit product configurator offers banks and money related specialist organizations the total preparation and agreement of the executives of credit understandings. You can deal with application work processes just as dunning and receivables the board comprehensively in the PASS Loan Engine and oversee worldwide advance portfolios. The item configurator covers every single regular boundary of credit items. It can likewise be effectively and immediately stretched out by the further individual, bank-explicit boundaries, from the business procedure through API to the settlement of agreements.

Regulatory Reporting Software

A regulatory reporting system gathers data from an assortment of systems, purges it, and makes and populates regulatory reports. These devices may likewise play out the digitized conveyance of this information. Utilize our registry to assess usefulness for supporting banks, insurance agencies, asset managers, and other financial service institutions in administrative reporting, automated filings, and compliance reporting to regulators.