Udara360 Core Banking is the Backbone you Need to Simplify Banking!
Udara360’s microservice architecture enables lightning-fast transaction processing, robust scalability, and ease of use for our clients. You can tailor the platform to your unique business needs with seamless migration, third-party integrations, and customisation capabilities. Plus, Udara360 provides instant access to deep executive business insights, offering a clear and comprehensive overview at a glance.
Cloud-based Core Banking System
Pioneering Core Banking Concepts
Udara360 is built on today’s technology to empower your business and drive customer engagement like never before. Our highly experienced technology team has done extensive research on the best approach to develop a scalable core banking suite like no other.
Downtime notifications are a thing of the past
In the unlikely event that a server goes down, traffic is routed to the next available server to prevent service disruption until a new server is brought online in no time; usually in microseconds. All system upgrades are done without system interruption.
Run EOD in minutes
Your business can set EOD to run automatically by a bot (No EOD Mode) or to run in real-time. With our innovative technology, even if you choose to run EOD in real-time, the entire process can run in just a few minutes. Yes, a few minutes.
We Simplify Banking Operations and Services
Savings
We offer banks a comprehensive savings module that provides a range of customer-centric features, including satisfying savings options, automated savings plans, personalized savings goals, real-time interest tracking, and the ability to instantly create and tailor products to meet specific customer needs.
Loan
Our loan module integrates seamlessly with payroll systems, enabling swift and automated loan repayment deductions at the source. This significantly reduces the risk of late or missed payments. Udara360’s loan management capability helps banks provide custom loan solutions to their customers, matching their unique needs with tailored offerings.
Account Management
The account management module makes account opening, maintenance, and closure easy for banks, supporting various account types, while saving time and increasing productivity. This includes:
- Virtual Wallet Accounts
- Virtual Proxy Accounts
Approval Workflow
Udara360 approval workflow engine is designed for controlled banking operations, providing a multi-layer approval process that ensures a robust maker-checker system. This system guarantees the accuracy and security of financial transactions while also mitigating potential errors.
Fixed Income Investment
We enable banks to optimise fixed income investments with ease, providing an intuitive and streamlined way to manage, track, and gain a clear overview of investor portfolios while ensuring seamless integration, customisation, and ultimately increasing operational efficiency.
