- Centralized repository of Clients & Other Master Information
- Avoids entering of Client Account Details in multiple systems, hence reduces effort & time.
- Centralized controlled operations for better corporate governance & regulatory controls.
- Maker/Checker concept improves the quality of data captured for clients.
- Common organization wide hierarchy maintained at a central place.
- Enhancements due to any regulatory changes, requires changes to be done only in one system.
- Client Account Opening data entry process can be decentralized to branches for faster capturing of data.
- Direct Interface to NSDL DPM & CDSL CDAS System
- Flexible Mandatory Document Capturing module helps addition of new products easily.
- Has a Staging Area based implementation for interfacing with other application to push data into different systems.
- Multiple copies, single maintenance—In this approach, master data is added or changed in the single master copy of the data, but changes are sent out to the source systems in which copies are stored locally. Each application can update the parts of the data that are not part of the master data, but they cannot change or add master data
Centralized Client Information
helps in cross selling the products.- Total TAT (Turn Around Time) for opening new client account is controlled using the MIS reports.