home page 



  free registration | clubs | helpline | discussion board | bank holidays
                                            

stock markets | NRIs | lifestyle

home

jobs

what's new

finance


    Banking Infotech    IT in banking | banking software | categories of software |software cos
           IT perspective | computerisation in banks | committees| communication networks| features on infotech| our services


Banking > banking software > software companies


Next Step Infotech Pvt. Ltd

 

Company

Products

Total Branch Automation

Any Branch Banking Solution

Apex Mate

Fast Cheque Collection System

Fund Mate Solution

Internet Banking

sponsored page

 

CheqMate - Total Bank Automation

Highly field tested and stable, the Cheq Mate TBA offers:

  • Savings

  • Current

  • CC / OD

  • Term Loans

  • Term Deposits

  • Bills

  • Remittances

  • Bank Guarantees

  • Letter of Credit

  • Outward and Inward Clearing

  • Safe Deposit Lockers

  • NPA

Passbook Printing - multiple passbook interfaces

ATM Interfaces to NCR, PSI, Diebold, Aplab

Interactive Voice Response System

Autofax back

Customer Operated Remote Terminal

WAP Interface

SMS Interface

Apart from the TBA, the Nextstep suite also includes:

ABB, Apex Mate, FCC, Fund Mate and Internet Banking

 

Top

 

 

 


 

Any Branch Banking Solution

1. Company has own ABB transaction switch and TBA can be tailored to work with switches of the bank's choice.

2. System, using the existing switch, is configured such that in case the responding branch link goes down, the transaction can still be carried through using the data image held at the hub. The system includes automatic synchronisation of data as and when the link is restablished.

Transactions covered under ABB

  • Cash Deposits

  • Cash Withdrawals

  • Opening of new Term Deposit Accounts, Renewal of TD in the client's own name.

  • Requesting Cheque Books

  • Executing "Stop payment" instructions

  • Querying ledger balances and generating Statements of Account

  • Funds Transfer from one account to another at the same branch

  • Funds Transfer from one account to another at different branches.

  • Ordering for Remittances such as Demand Drafts, Telegraphic Transfers and Mail Transfers

  • Executing "Stop payment" instructions

  • Passbook printing

 

Top

 

 

 


 

Apex Mate

Apex Mate is a highly tuned and localised system designed for use by Apex Banks and DCCs.

The system consists of:

  • Current Accounts

  • Enquiry Memo for Passing Payments

  • "As On effect" Transactions for product re-calculation

  • Inward/Outward Clearing

  • Clearing for Sub-members and Branches

  • Borrowings

  • Re-finance & Repayment

  • Remittances

  • Under Mutual Arrangement Scheme (MAS)

  • All India Mutual Arrangement Scheme (AIMAS)

  • Form 4 and 8 for AIMAS

  • Cypher Coding 

  • Shares

  • Personnel Information

    • Recruitment

    • Manpower Planning

    • Medical and T.A.D.A.

    • Pay-Roll

    • Employee-wise earnings and deductions

    • Leave maintenance

    • Monthly salary calculation

    • Arrears salary calculation

    • Leave encashments

    • Income Tax deduction at source

    • Provident Fund formalities

    • Professional Tax formalities

    • Income Tax formalities

    • Yearly Bonus calculation and disbursement

  • PF Trust & Gratuity Trust

    • Subscribing the Gratuity Amount

    • Refunded to the employees

    • Claims from the nominees

    • Investment of the gratuity amount

    • Chart of Accounts (Trial Balance, Balance sheet, P&L statement etc.)

 

Top

 

 

 


 

Fast Cheque Collection System

The Cheq Mate FCC comes with the following Modules-

I. At Cheque Collection Centre (CCC)

1.Cheques sent for clearing,

2.Clearing cheques returned unpaid,

3.Re-presentation of cheques

4.Transaction tracking for cheque under collection

5.Messages for Cheque Proceeds

6.Vouchers Generation

7.MIS, Control, Collection and Reconciliation reports

 

 

II. At the Proceeds Paying Branches (PPBs)

1.Inward message receipt and credit of proceeds

2.Fate Advice for messages received,

3.Credit Advices to the Customer

4.Customer queries to HUB and follow-up

 

 

III. Modes of Transmission

1.Dial-up line ,or

2.Internet E-mail, or

3.VSAT

IV. At the Hub

1.Customer / CCC wise Proceeds and Records of cheques returned

2.Proceeds Paying Branch (PPB) wise

3.Customer wise remittance of proceeds

4.Reconciliation of funds received and remitted

5.Limits for funds credited to account for proceeds in transit

6.Interest Calculation

7.Recovery of out-of-pocket expenses

8.Customer wise assessment of charges, interest-rates, concessions,

9.Follow-up for non-receipt of Upcountry Cheque Collection (UCC) proceeds.

10.Passing of Vouchers

11.Remittance messages for proceeds

12.MIS, Control, and Reconciliation Reports

13.Daily Customer Report

V. System Security

1.Software Encryption

2.Unique system generated number to prevent Fraud

3.Reconciliation of entries at HUB

 

Top

 

 

 


 

Fund Mate Solution

FundMate is fully parameterized to provide optimum flexibility to Banks to define their own as well as their constituents requirements for investments in Scripps as well as for maintaining statutory requirements.

 

The FundsMate Solution consists of the following Modules -

1.Fortnightly Branch Consolidation

2.Half-yearly, yearly schedules and Trial balances

3.DSS for Lending

4.DSS Deposit Mobilization

5.CRR and SLR Maintenance

6.Portfolio Management

7.Call Money/Deposits

8.Security

i.Maintenance of portfolio

ii.MIS reports based on Bond Mathematics

iii.Portfolio Accounting and individual securities

iv.Bead Reporting

v.Drilldown queries based on portfolio and individual securities

vi.What if Analysis for Security Investments

 

Top

 

 

 


 

Internet Banking

I. General Information -

1.The Bank's Corporate Profile

2.List of Branches

3.List of Products and Services

4.News and happenings at the Bank

5.Deposit schemes and rates offered by the Bank

6.Calculator (Calculation of targeted maturity value etc.)

7.Advances Schemes and Interest Rates charged

8.Remittances Schemes and rates

9.Customer information Entry

10.Loan eligibility for schemes

II. Account Related Functionalities:

1.Ledger Balance Display

2.Statement of Account

3.Accepting Stop payment Instructions

4.Accepting Cheque Book requisitions

5.Funds transfer from one account to another; between the same or different branches

6.Orders for remittances

7.New Term Deposits and Renewal

8.Online Payment of utility bills e.g. MSEB, MTNL, etc.

9.Standing Instructions

III.Other Functionalities

1.Change Password

2.Acceptance of client information for marketing purposes

 

 

Top

 

 


 

 

Company

Introduction

An ISO 9001 Company, Nextstep focuses on software for the Indian Banking Industry.

Cheq Mate, our flagship TBA has over 500 successful installations since its launch in 1996.

Users include Nationalised, Private, Co-operative, DCC and Apex banks.

Internationl Connections

Nextstep is a subsidiary of the Israeli Magic Software Enterprises Ltd., a USD 60 million company quoted on the NASDAQ.

Customers

Nationalised: Allahabad Bank, Bank of Maharashtra, Central Bank of India, Dena Bank, UCO Bank

Private: Karnataka Bank

Apex & DCC: Maharashtra State Co-op Bank, Mumbai DCC

Support

Support is offered from Mumbai, Bangalore, Hyderabad, Delhi, Vadodara, Coimbatore, Nasik, Nagpur, Aurangabad, Kanpur, Calcutta, Bhopal, Varanasi, Ahmedabad, Goa

Contact: Prakash Khanchandani, Tel: +91-20-4263025, 3065 pmk@nextstepinfotech.com

Top                                                                                website :www.nextstepinfotech.com

 

about us | contact us | advertise/associate | terms of use | disclaimer

©copyright Banknet India  All rights reserved worldwide.