Banking Sector

Banking software is enterprise software that is used by the banking industry. Typically banking software refers to Core Banking Software and its interfaces that allows commercial banks to connect to other modular software and to the interbank networks. It can also refer to the trading software used by investment banks to access capital markets.

Core banking

Commercial or retail banks use what is known as core banking software which record and manage the transactions made by the banks customers to their accounts. For example, it allows a customer to go to any branch of the bank and do its banking from there. In essence, it frees the customer from his/her home branch and enables him to do banking anywhere. Further, the bank's databases can be connected to other channels such as ATMs, Internet Banking and SMS based banking.Banking software is used by millions of users across hundreds or thousands of branches. This means that the software must be managed on many machines even in a small bank. The core banking system is a major investment for a retail banks and maintaining and managing the system can represent a large part of the cost of running a bank.

Trading banks

All banking and other financial institutions have areas which they specialize in/ SmartTech is another privately held financial software, news, and Data Company located in MEA and Africa. It offers financial software tools such as analytics and platform to financial companies around the world through the banking software.

When a company comes in contact with a customer who wants a product they do not have, that company could refer the other companies to the customer and vice versa. Accordingly, each company can promote its brand name and even mutually profit from their agreements with a fellow banking Software Company as SmartTech.

With the help of SmartTech, there is efficiency and proper management of transactions both in the front and back offices of the banking firms and other financial institutions. This in turn has a big impact on the consumers, making the process of banking run much more smoothly and quickly.

Banking solutions

Integration applications solutions

Reconciliation (Cash, ATM)

Payments systems

Swift solutions

Swift professional services and consultancy

Archiving

Reporting

GET IN TOUCH WITH US

Have a question or want further information?

Support

Product Support

Products

Smart-Filter (Name Screening)

Smart-Integrator

Smart-Notification (SMS & Email Notification)

Smart-RV (Reporting Viewer)

Smart-Match (Cash & ATM Reconciliation)

Smart-Archiving (Swift,Files,Emails)

Smart-MT (Corporate Payment Systems)

Banking Systems

Professional and Consultancy Services