Newgen’s solution for Audit Management is a comprehensive and powerful management tool used for planning, budgeting, tracking, monitoring, controlling and reporting for effective management of audit processes.The solution also enables a centralized content library with all the necessary templates,...
Driving Transformation Through Process AutomationBanks today need systems beyond core banking. For improving productivity, centralization of back offices is an imperative, where noncustomer facing activities can be moved from branch to central back office. This ensures that most of the staff at bran...
Newgen offers the most robust and scalable Cheque Clearing solution leveraging deep industry expertise gained over years with implementations across the globe.The solution enables electronic exchange of images and data of instruments in place of physical instruments between the participant banks, re...
To meet compliance requirements, Newgen offers a robust and scalable software platform, OmniCompliance, which ensures easy compliance with all the regulations, standards and best practices.Newgen offers a sustainable compliance solution to organizations in order to comply with multiple regulations a...
Newgen offers a seamless Electronic Fund Transfer system that uses computer and electronic technology as a substitute for cheques and other paper transactions. It is a system of transferring money from one bank account directly to another without any paper money changing hands.The benefits of Newgen...
Newgen offers its banking clients a versatile rule based, multi-user cheque processing solution that is capable of inward, outward and return processing. The BPM-based solution offers complete automation of payment, settlement & clearing of multiple instruments including cheques, demand drafts, ...
Newgen offers a complete automation of PDC (post dated cheques). The cheques are scanned into images which are verified as per the parameters mandated by the Central Bank. After the data entry, the cheques are stored with introduction date by the Tellers.The Cheque Truncation System (CTS) by Newgen ...
Newgen’s solution for handling Remittances aims to centralize and monitor the Remittance processes. It defines the best practices to be followed by the bank and provides an efficient interface to facilitate remittance from the branch offices to the central office.The solution also ensures better c...
Newgen’s comprehensive Signature Management System offers a reliable method of transaction verification for the financial and banking sectors. The solution enables complete automation of Account Definition, Signatory Definition, Signatory Mapping, Rules Definition for Financial & Non-Financial...