FLEXCUBE® EJB Version is well-suited to meet the intricate requirements of microfinance. It helps banks meet the challenges of growing competition, reduced margins, and rising customer expectations. It offers an end-to-end suite of unified back-office processing environment for corporate and retail banking operations, with comprehensive functionalities – a highly-secure application environment with extensive multi-level security features; volume scalability; and easy-to-operate applications.

With the ability to support multiple touch points and latest delivery channels on ASP, the application strictly adheres to global banking and financial network standards. Based on a flexible and modular design, it enables microfinance institutions to choose and add a set of functional modules it wishes to offer to customers, as the business grows. Transactions under each module can be broadly classified as definition transactions and operational maintenance/transactions. It supports the following core modules:

Core modules

	Deposit module consisting savings bank and current account, recurring deposits, and term deposits
	Retail Loans
	Clearing
	General Ledger
	Customer Information System
	Loan Origination
	Group Lending Feature
	Management Information System
	Reports

Technology

	Thin-client architecture
	Low hardware footprint
	Scalable,user-friendly and easy-to-operate applications
	Very low network footprint - FLEXCUBE® uses less network bandwidth, making it ideal for ASP deployment over WAN/Internet
	Online real-time transaction processing capabilities
	Offline processing capabilities at branch level
	Distributed and centralized architecture, and processing capabilities
	Open standards like XML and browser-based front-end
	Multi-currency capability, with national language support - thus easily deployable across regions
	Standard MIS reports and customizable statutory (RBI) reports