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Nelito Findart solution for banking data archival. Migration or retirement of existing application.http://nelito.com/banking-solutions/enterprise-reporting-xbrl.html

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Regulatory reporting solutions

Nelito’s FinDART™ is a web-based data archival and retrieval solution for Banking data archival. Need of

archival solution arises due to:

Migration or retirement of existing applications

High cost of maintaining legacy system

Decline in solution performance due to large volume of data.

FinDART™ is a data archival and retrieval solution, tailor made for BFSI vertical. It archives that historical

data of legacy system which is not required for further processing of transactions and which has no business

process associated with it. FinDART™ stores data in the archival repository and provides access for reporting

and query purpose. It restricts any modification in archived data. FinDART™ provides Reports, MIS and

Query facilities on legacy data after its retirement.

FinDART’s usability for a Bank is illustrated in below diagram:

FinDART™ is accessible to end users over web (internet and/or intranet) so it can be accessed by head

office users, regional office users and branch users.

FinDART™ is based on the principle of designing a Data Repository to hold data of multiple legacy

applications in consistent structure, Store data in a centralized environment.

FinDART™ Business Drivers:

1


Regulatory reporting solutions

Built in Reports in FinDART

Below tables lists the ‘Off-the-shelf’ reports of FinDART™:

S. No.

Report Types

1.

Account Search

Report

i.

ii.

iii.

i.

ii.

iii.

iv.

i.

ii.

iii.

iv.

v.

vi.

vii.

viii.

ix.

Account Master

Statement of Accounts

Any day balance

Deposit Register (Master)

Statement of Accounts

Interest Credit / Accrual Reports

TDS Reports

Account Master

Statement of Accounts

Limit Details

Drawing Power Details

Security Register

Stock Statement

Insurance Details

Subsidy Details

Inspection Details

GL Statement of Accounts

GL Any Day Balance

GL Transactions

Inward Clearing

Outward Clearing

Bill Details

LC Details

Guarantee Details

Outward Remittance (DD / PO / MT / TT)

Cheque Book Report

Stop Payment Report

Stop Payment Revoked Report

Standing Instructions Report

Lien Report

Nominee Report

Related Party Details

2.

Term Deposit

3.

Loans & Advances

4.

General Ledger

i.

ii.

iii.

i.

ii.

i.

ii.

iii.

iv.

i.

ii.

iii.

iv.

v.

vi.

vii.

5.

Clearing

Trade Finance

6.

7.

Miscellaneous

2


Regulatory reporting solutions

1

FinDART™ allows the user to search record(s) based on following parameters:

Record Search Options

Query / Search Parameters

Parameter

S. No.

1

2

3

4

5

6

7

8

9

Customer Id / Customer Number

Account number (for customers and also for internal accounts i.e. GL)

Account name

Transaction date

Range of transaction dates

Transaction amount

Transaction type (Debit/Credit)

Transaction nature (Cash/Clearing/Transfer)

Cheque number and user-id details of person entering / verifying the transactions

2

Below tables summarises the Key features of FinDART™:

S. No.

Features

1.

Broad Connectivity &

Extensibility

FinDART™ Features

Descriptions

FinDART™ can access and retire a wide variety database,

mainframes and business applications

Oracle

IBM DB2

MS SQL

Sybase

ASCII – Text

Cobol - Btrieve

MS Access / MS Excel

Quick and complete migration (archival) of legacy data as-it-is.

(Unchanged)

Save time and money; enable rapid information retrieval with

automated archiving process. FinDART™ simulates archival

processes before actual execution to validate archiving policies.

Keyword based searching option for Account Number, Account

Name, Transaction Dates, Range of Transaction Dates, Transaction

Amount, Transaction Type and Instrument Number etc.

Preserve critical data according to internal rules and external

regulations.

Archive complete logical business entities. Archiving not just

transactional data but also master and reference data, plus

metadata to a secure immutable format for later retrieval.

2.

Unchanged Data

Archiving

Process Automation

3.

4.

Keyword based search

5.

Regulatory Compliance

Robust Data Archival

Support

6.

3


Regulatory reporting solutions

S. No.

7.

Features

Seamless Access to

Archived Data

Descriptions

Application interface to access the archived data in database

instances through pre-configured reports and facility to query the

database instances.

FinDART™ has password based access right mechanism to

safeguard and restrict access to application and database instances.

Based on user rights it allows user to view, print and download the

reports or query the database instances.

Supports popular formats like ASCII Text, MS Word, PDF, XML and

MS Excel.

Improve information access by keeping data online and readily

accessible and reusable.

FinDART™ manages user and user roles for application access.

Active directory or other third party application integration is also

enabled.

Application access through user validation at backend

Right click disabled on browser

User access logs

Saving on upgrading the existing storage on YoY basis, Bank can

design the CBS data purging policy and purge the old data for

freeing the storage space from production. Also speed of the system

will get increased.

8.

Reporting Format

Online Access

User Management

9.

10.

11.

Security

12.

Benefits to the Bank

3

4

FinDART™ Success Stories

S. No.

Bank Name

Year of Order

1

2

3

4

5

6

7

8

9

10

11

Development Credit Bank

Oriental Bank of Commerce

United Bank of India

NABARD through Wipro

Allahabad Bank RRBs through HP

HDFC Bank (Phase 1 and Phase 2)

Bank of India RRBs

UCO Bank (Hong Kong and Singapore Branches) through HP

Syndicate Bank (London Branch) through HP

Corporation Bank through Wipro

Indian Overseas Bank - India

2008

2009

2010

2012

2012

2013 and 2016

2013

2014

2015

2016

2016

4


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