ETHIX-Core is suitable for both small and large banks, retail and corporate banking institutions as well as Islamic banking across the world. By using Web-enabled technology and 24X7 operations, financial institution can adapt to change and achieve its business objectives.
ETHIX-Core has the following sub-modules:
Relationship information management (RIM)
A customer centric solution with a 360 view of the customer position. Through the RIM, the relation of the customer with everything in the bank is defined such as accounts, other customers, bank employees, etc. Thus, the bank can view all the activities of a single customer under one view. This permits the bank to base decisions and service offerings on a more comprehensive view of each customer's contribution to the Bank's profitability.
Customer's deposit and financing accounts (ETHIX-Accounts)
ETHIX-Accounts' high flexibility and parameterization capability makes the bank a very agile organization in responding to market needs. ETHIX-Accounts allows the banks to offer their clients world-class services in a very fast and efficient manner.
General Ledger accounts module (ETHIX-GL)
ETHIX-GL is designed to overcome all the problems faced by the accounting department, speeding up financial analysis and satisfying all financial reporting requirements. It supports all traditional financial accounting functions (balance sheet and profit and loss reporting, budgeting, cost center accounting and executive analysis) within a uniquely flexible framework of graphical controls and user-definable settings.
Financial Reporting Module (ETHIX-Report)
ETHIX-Report is an integral module providing the bank with financial reporting information with different presentation styles.
ETHIX Core Features
ETHIX-Core provides banks and financial institutions with the opportunity to offer the client a range of financial products. These products can be seasonal or used for repeat business. In addition, accurate risk reporting can be achieved by collecting customer data from across all delivery channels. Through the accuracy of ETHIX-Core system, a bank is able to view a comprehensive financial picture of the customer.
Parameterization enables ETHIX-Core to be highly flexible and allows a bank to react quickly and efficiently to customer demands. Moreover, by offering a wide range of functions, ETHIX-Core can provide financial institutions with the opportunity to target customers with the right offer at the right time and through the appropriate channel to increase profitability. The open architecture and reliable infrastructure of ETHIX-Core are key factors in keeping costs down while maintaining customer focus. In addition, annual system upgrades ensure ETHIX-Core remains constantly up-to-date by providing new features to meet changing customer needs.
By using a customer focused approach and a streamlined system, ETHIX-Core allows a bank to manage its business around the needs of the customer. ETHIX-Core also provides key opportunities to improve acquisition, maintain retention and cross-sell rates. Moreover, a bank can significantly improve customer service and ensure a more positive customer experience. By offering 24x7 support, ETHIX-Core recognizes the importance of company expansion into new geographic areas.