1. finance
2. bank
3. bank account

TrustBank CORE Banking Solution
TrustBank CORE Banking Solution offer for Credit Union
Trust Systems & Software
11/4, InfoTech Park, Gayatri Nagar,
Nagpur-440022
+91-712-2223269,2221656
&
Pune, Mumbai
India
+91 8806679790
www.softtrust.com
www.trustbankcbs.com
[email protected]
Introduction
Trust systems is professionally managed and steered by versatile diligent young entrepreneurs. In our group
the role of each constituent is well defined and its contribution is unique towards achieving predefined goals.
We have been active in the IT Industry for last ten years and have carved out a niche for ourselves in the field
of Banking, ERP Solutions, Power Plant Software solution Outsourcing Services.
Trust is a ISO 9001:2008 certified organization. We provide 'Total solution' to our esteemed customers.
Ready to take on unique business challenges, we deliver quality results, on time, within budget, project after
project And above all we are ready for the future
We keep pace with the ever-changing technology with the latest platforms, most current application areas
and the latest skill sets. Today, Trust Group is having dedicated team of 200+ software professionals and
domain consultants.
With State-Of-Art development center in Software Technology Park of India, we are fully equipped with
necessary facilities and infrastructure to provide prompt and quality services. If you are looking for high
performance, feature-rich software at an affordable price, then Trust is the ideal partner for you.
About CORE Banking
About CORE Banking offerings: Credit Unions – TrustBank ECS
TrustBankECS has been successfully implemented in some of the large, leading and advance employee credit
societies offering complete online banking experience to its members.
The important functional features of Employee Credit Society Version includes Member Registration, Shares
Management, Compulsory Deposits Management Voluntary Deposits (Savings), Member Loans Products
(Regular, Festival, Emergency Loans etc..), Member Loan Guarantor details Loan Interest Calculation AND
Online Demand generation and posting Dividend Calculation, Financial Accounting, Financial Statements
and MIS Reports etc.
TrustBankECS is a completely browser based solution, developed on latest platforms, which equips the
banks to embrace the latest technology trends in banking such as core banking, e-banking, branchless
banking etc.
The solution caters to requirements of the banks to automate their business process thus increasing the
efficiency helping them to provide complete satisfaction to its customers.
The robust architecture of “TrustBankECS” allows users to configure the software as per the business rules
in the bank.
Above all, we provide customized solutions to fulfill your unique requirements.
Functional Features: Operations
Functional features:
System Initialization settings:
Bank Variables
Saving Passbook Print Setting
Form Account Head Mapping
Chart of Accounts
Chart Of Account Opening Balance
Transaction Description
Document Type
Dormant Contra Activity Mapping
New Financial Year
Holidays Master
Interest Mapping
Define Denominations
Vault Opening Details
Denomination Unit
Utilities: Handling operations with active tools
Cheque Printing
Business Logic Mapping
Monthly Automated Transaction Mapping
Account Enquiry
User Lock Release
A/C Lock Release
Account search
Client Accounts Information
Update Line Balance
Change Password
A/C Status Modification Passing
A/C Status Modification
Account :
Functional Features: Operations
Member Registration :
Interest Activities: Automated :
Loan Account Opening :
Special Instructions :
Dividend Activities
Monthly Automated
Member Registration
Member Registration Passing
Member Registration Data Import (web Portal
integration)
Other Documents Attachment
Signature Passing Not in Use
Signature Passing
Loan Processing
Loan Processing Authorization
Dividend Calculation (Credit Union)
Dividend Posting (Credit Union)
Dividend Calculation (Investment by Credit Union)
Dividend Posting (Investment by Credit Union)
Group And Bank Account :
Group Account
Group Account Passing
Current Saving Interest Calculation
Current Saving Interest Postings
Loan Interest Calculation
Loan Interest Postings
Block Saving Interest Calculation
Block Saving Interest Postings
Special Instruction Addition
Special Instruction Authorization
Profit and Loss Summation
Profit and Loss Summation Authorization
Current Saving Interest Transfer
Current Saving Interest Transfer Authorization
Block Saving Interest Transfer
Block Saving Interest Transfer Authorization
Functional Features: Operations
Transaction :
Demand
Daily Transaction :
Cash Handling Transaction :
Day End Activities :
Additional Demand Amount Mapping
Demand Generation
Demand Posting
Demand Saving
Cashier Treasury Transaction
External Treasury Transaction
External Treasury Transaction Passing
Cash Exchange
Loan Disbursement And Settlement
Loan Disbursement And Settlement Passing
Cash Batch Transaction
Cash Batch Transaction Passing
Many to Many Transactions
Many to Many Transaction Passing
Day End
Day Begin
Reports
TrustBank ECS Reports can be exported to EXCEL, Word, PDF, RTF, HTML etc…
TrustBank ECS reports has many statistical reports, graphical reports, drill down reports and Dashboards.
GL
Reports
Loan
Reports
Transaction
Reports
CU
Reports
Balancing
Reports
Reports
Account
Reports
Cashier
Reports
Daily
Subsidiary
Reports
Un-Pass
Reports
GL Reports
Trial Balance
Cash Book
General Ledger Report
Profit And Loss Statement
Balance Sheet
Un-Pass Reports
Un-Pass Transaction
Un-Pass Account Report
Un-Pass Batch Summary
Report
Un-Pass Cashier
Transaction Report
All Un-Passed Report
Reports
Transaction Reports
Deleted Transaction Report
Transaction Amount
Searching
Transaction Detail Report
Batch Transaction Report
Query on Amount
Demand Generation Report
Month End Profit and Loss
Summation (optional and
automated)
Daily Subsidiary Reports
Daily Subsidiaries (Daybook)
Head-Wise Daily
Subsidiaries
User-Wise Transaction
Report
Daily Balancing Report
Interest Report
(Deposit/Loan)
Day Book Summary
Balancing Reports
Account Balancing Report
Day End Balance Report
Nil Balance Report
Book Balance Certificate
Accounts Report
Account Statement
Account Open Register
Account Close Register
Status wise Report
Account Number List
Chart of Account List
Account Modification Register
Special Instruction Register
Account Ledger Report
Service Member Status
Cashier Reports
Cashier Receipt Scroll
Cashier Payment Scroll
Cashier Summary Report
Period Wise Cash Summary
Loan Reports
Loan Balancing Report
Recovery Report with
Disburse Amt
Interest Day Book Report
Interest Receivable
Statement
Statement Of ST/MT Loan
Account
Receivable Interest Day
Book
CU Reports
Receipt Voucher Report
Guarantor Detail Report
Loan application Details
Vacation Details Reports
CU Reports
Code3 Report (All accounts Balancing report)
Loan Clear in Next Month
Un Deducted Block Saving From Payroll
Un Deducted Loan From Payroll
Without Block Saving EALES
Loan Payroll Change
Reports
Drill Down
Drill Down: on GL based report to trace specific transaction
Dashboards
Technical Features
TrustBankECS Technical Features :
The TrustBankECS has a browser based GUI hence
require optimum bandwidth
TrustBankECS is customized Core Banking Solution
(CBS) application software having modules and
functions related to core banking operation for
Branch offices, and HO consolidation, MIS &Reports
module for Bank Head offices and Branch Offices
TrustBankECS has centralized application and
database installation.
The TrustBankECS System has a fully integrated
database across all the modules.
With TrustBankECS all transactions of branches
networked will get updated at the central Data
Centre on line in real time.
The TrustBankECS software is tested for handling
the account & transaction volumes as required in
typical bank branch set-up.
With TrustBankECS, all financial transactions and
changes made to the customers’ accounts by the
users from various branches/sites are processed
instantly and the position of these accounts
updated on-line in the central server database.
The TrustBankECS Application software is fully
integrated across all modules and hardware
platforms.
With TrustBankECS, the Central server can be
used for launching of new products & services
across all the connected branches/sites. The bank
level parameterization is centralized and
configuration is not required to be done in
multiple places and Users are restricted.
Necessary suitable online warning / mismatch
reports / exceptional statements are provided by
the TrustBankECS for necessary manual
intervention if required for maintaining data
correctness.
Technical Features
In TrustBankECS, Audit trails have been provided for
verification by management/auditors at a later time.
The TrustBankECS system supports archiving on
disk/tape/CD, retrieval from said media.
In TrustBankECS, transaction data can be captured
via input screens and other media based inputs (e.g.
PDA based bulk inputs), which are accessible by
menu driven options and provide interactive operator
facilities. Such access is security controlled.
In TrustBankECS, all transactions are updated only
after authorization by an officer of desired level
unless otherwise specifically permitted by the bank.
The maker checker is configurable for all transaction
types available in the system.
Screen input fields allow for high-speed entry,
explanation for coded values on request, and pulldown lists with “point and shoot” selection capability.
Eg. Function keys and Hot keys
TrustBankECS software has the facility for storing
and
on-line
retrieval
of
Customers’
signatures/photographs from all terminals.
The software performs required business
validations at the time of updating to maintain
data integrity.
In TrustBankECS, product interest rates can be
configured for future date and applied on date
assigned.
In
TrustBankECS,
product
definitions,
configuration of fees and charges is parameterized.
The software has the Advanced Search facility on
Customer-ID, name and other parameters for all
types of accounts.
The software has the search facility for a
specific/range of transaction based on transaction
amount, instrument number and period for
individual/range of customer/ GL account.
Technical Features
The access to the software and its menus is restricted
only to authorized users.
The TrustBankECS system has the facility to define
different access levels to different users and also
restricted menu to various users by levels and user ID
specific (The levels is parameterized and definable by
the System Administrator) In the software, user log
trail is maintained for each user to show the usage of
application with break up details.
In TrustBankECS all deleted/corrected transactions
are captured by the software during the day and a list
sorted branch/site wise to be generated at the end of
the day for scrutiny.
The new user is created in a branch and the same
should be effective only after it is authorized by a
defined level.
Automatic disabling of user facility is available if the
user is not utilizing the application software and
keeps the application open for a defined time period.
The response time within a branch, inter-branch
and Head Office is within the maximum time
specified hereunder:
• Balance enquiry 5 seconds
• Static data enquiry 5 seconds
• Account statement request 10 seconds
• Transaction posting 5 seconds
• Screen to Screen 5 seconds
• Menu to Submenu rollover 5 seconds
• Day end window 30 minutes
• Month end window 45 minutes
• Half-year/Year End 60 minutes
Should be able to perform transactions during the
day end 24X7 hours transaction processing
capability
The transactions initiated from peripheral devices
such as ATMs for withdrawals or account enquiries
are processed within 10 seconds irrespective of the
point of initiation.
Technical Features
The system is able to print statements, passbooks,
Term Deposit Receipt etc. and integrated with popular
hardware vendors in the market.
In TrustBankECS, Reports are transferable to external
media like floppy, CD, DVD and USB devices in various
formats.
The TrustBankECS software maintains history of all
transactions and have audit trail facility, indicating the
User-ID, authorizing official ID, date and time of
addition/modification/deletion
and
status
of
confirmation in respect of changes made to:
• Master data (financial & non-financial)
• All transactions (financial & non-financial)
• customer signatures/photos
The System has the facility of nomination to specified
types of accounts (Eg. Individual, joints accounts, sole
proprietorship accounts etc.)
The system has TRANSFER facility for same customer
id accounts across all types of accounts. (If one
account requires funds it should search from among
the pool of accounts based on instruction)
The TrustBankECS system has in-built ‘MakerChecker’ (Maker cannot be the checker and vice
versa) concept for validation and authorization of
all data input before the transactions are
updated/finalized and facility for overriding to
permit exceptional transactions by a Super User
The software provides for both on-line as well as
batch authorizations of all transactions across all
modules.
In TrustBankECS, transaction id is unique within the
branch and is running number.
In TrustBankECS, remote log in /log out and remote
locking of a branch is possible.
In TrustBankECS, GL level transaction posting is
possible
Technical Features
In TrustBankECS, GL level transaction posting is
possible
The TrustBankECS software provides separate user
for “Auditors” with query facility that can only
“View” the data and should not be allowed to any
transactions. Only specific screen should be
provided to the Auditors.
The TrustBankECS solution is capable of interfacing
delivery channels like EFT Switch, ATM, Internet
Banking, Mobile banking, Phone Banking etc.
In TrustBankECS account no. is unique for all
branches
In TrustBankECS ABBS Module, User of one branch
should be able to post transactions in another
branch.