Solace is a suite of fully integrated, online and customer-centric Retail Banking components. Its functional modules include:
SOLACE RBS
- Savings Accounts
- Loan Accounts
- Investment Accounts
- Christmas Club Accounts
- Cheque (Current) Accounts
- Share (Indefinite and Subscription) Accounts
- Passbooks
- Branch Administration
- Nominated Account Transactions (partial and whole) on Internal Accounts and External Institution Accounts
- Periodic Debits and Credits in conjunction with External Institutions and on Internal Accounts
- Flexible, 'Do-it-Yourself' Tiered Interest Plans and Charges
- Cash Positions and Cash Management
- Direct entry transactions (debit, credit and payroll)
- Loan Insurance tracking
- 'Standing Order' Payments
- Advanced Lending Origination, Multiple Facility Loans and Credit Control
- Linked Loan Security Facilities and Multiple Security Collateral
- Extensive Relationship Management: Customers, Borrowers, Guarantors, Mortgagors.
- ATM/EFTPOS/ Debit Cards
- Agency (Intermediary) System, incorporating a comprehensive commission system for both deposits and loans
- Full on line audit tracking of transactions and account maintenance
- Full-featured financials, including GL, AP, Cash Book, Budgeting and Bank Reconciliation's
- Reservation system
- Investment analysis
- Optional Treasury, Forex, Asset/Liability and Risk Management Modules
- Teller Services
- Central and On-Line Customer Information
- Rich Management, Administrative and Operational Reporting
- Flexible Security Access Profiling
- Integrated Messaging
Detailed description of SOLANCE (MSWord 6.0 file)
Hari Srinivas - hsrinivas@gdrc.org
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