Home Industries BFSI Ramco’s next-generation enterprise solution for Banking & Financial Service Institutions Designed to innovate on demand with unparalleled speed and control Financial sector is the most vulnerable industry, and any changes in the economic environment significantly affect the sector. Firms and institutions operating in this sector, including banks and insurance firms, need to continually innovate with unparalleled speed and control; restructure and take effective steps to insulate them from the macro and micro economic changes and the consequent risks; comply strictly with the regulatory norms; meet the diversified demands of customers and still make profits. All they need to do is bank on advanced technologies to strategize and prioritize their actions, challenge the challenges, act upon incipient weakness swiftly and grow ceaselessly. Ramco has been providing banking solutions worldwide for over a decade with a dedicated solution competency center in Chennai, India and a practice of more than 130 consultants globally. Ramco delivers a full spectrum of innovative, agile enterprise solutions and services for the banking and financial service institutions. Ranging from point-solutions to large-scale deployments encompassing many banking processes, these service-enabled solutions help banking and financial institutions become 'model enterprises' that can easily expand and adapt to accommodate new or changing business processes. Ramco's solutions for banking and financial service players are model-based, developed used by Ramco VirtualWorks®. These solutions are composed, not coded, using existing or newly created business assets that adapt and scale with your business requirements. Based on SOA standards, these solutions are technology agnostic, perpetually state-of-art, cost effective and seamlessly integrate with your existing or new applications. We have successfully designed and implemented many cutting edge solutions across BFSI domains and delivered large complex engagements in BFSI vertical on time and within budgets across the globe. Ramco’s exclusive solutions to the BFSI include: Data Consolidation, Compliance, and Analytics Ramco Banking Analytics Ramco provides banks with next-generation core banking analytical solutions that gives you superior technology infrastructure and content needed to make headway in your business intelligence quest and profitability efforts. It empowers bankers to 'Measure, Monitor and Manage' their business goals, risks and growth. With world-class domain expertise, Ramco offers a one-stop solution for banks for all their Management Information System (MIS), Decision Support System and Executive Support System needs. Read on to know more.. ADF Solution for Banks (India specific) Ramco’s ADF solution is designed to help banks achieve complete automation of Reserve Bank of India reports. Not only is it a pre-built product, it also follows a data-model for ESS/DSS/MIS purpose rather than a report-centric approach. This ensures that a Bank can not only take out all the reports required for ADF compliance but also use the Data Model for Performance Management at various hierarchy level, capable of extending to accommodate further changes and weather an ever-changing regulatory environment. Ramco MDM Ramco Master Data Management (MDM) is a set of applications designed to extract, transform, and load data with sophisticated data cleansing and profiling capabilities that will enable your company to examine information across the enterprise, not system by system. Ramco Master Data Management is an n-tier architected product and facilitates deployment across multiple architectures. It is a technology neutral and can work on 3rd party platforms as well. The application consists of the software components or artifacts like the client components, middle layer objects, and the data base objects. Read on to know more.. Ramco GRC Ramco GRC management system offers a comprehensive framework that enables the organization define governance initiatives that are derived from strategic business objectives. Through the use of an intuitive framework modeler, organizations can define their objectives, the policies and procedures that govern the achievement of these objectives, and the risks that are associated with the achievement of these objectives. As the regulatory landscape changes, organizations can add or modify existing policies and also reassess the impact on the strategic objectives. Read on to know more.. Business Process Management Retail & Corporate Banking Solutions Ramco offers a wide spectrum of 'point-solutions' such as Fund Sweep System, Nostro Reconciliation, Retail and Loan Origination and CRM that are designed to support growing and large banking businesses. All these solutions promise you certainty in your business, allowing your institution to become agile, proactive, and responsive to the market. Financial Services Solutions Ramco's niche solutions in this space are an ideal fit for banks and non-banking finance companies looking to expand their services into the rural areas. Ramco's rural lending solution empowers institutions to process loan applications in offline branches and synchronize the transactions with central head office. Ramco's micro finance solution covers the entire micro finance value chain from receipt of loans to disbursement and tracking Support Solutions Ramco offers a comprehensive portfolio of support solutions that integrate with your core applications and provide you with greater operational control and facilitate processing of complex transactions quickly, accurately, and easily. These solutions cover your core financial areas such as general ledger, fixed assets, account receivables & payables, vendor management and generic reconciliation. Besides, you can also take advantage of ‘Intelligent documents, a unique offering from Ramco. Intelligent documents are Pdf extension to any core application that Is programmed and made dynamic, Is available for all users across the globe using Adobe reader (free download), Interacts with core systems through secured web services thereby retrieving and persisting data, Enables capture on offline mode and persistence online. Intelligent documents extend the reach of your core system infinitely. It can be used in any situation where data is captured and provides enormous benefits to field staff to capture data remotely and sync with central system whenever online. Also, Bar Coding facility enables additional flexibility in data capture and retrieval Risk Management Ramco helps banking institutions develop an integrated enterprise-wide risk and compliance strategy that can reduce burden and cost of compliance, maintain rating and reputation, improve decision-making and enhance overall efficiency. Human Capital Management Ramco HCM can help you efficiently and effectively accomplish your needs in the space of human capital management. Ramco HCM today is the result of 15 years of Ramco’s experience in the international HRM Application space. With (a) competency driven HR processes, (b) business rule driven administrative and payroll processes, (c) workflow, and (d) user-definable security, it handles the employee life cycle in its entirety. Every implementation of the product carries the influence of policies/statutes that arise from the regulatory, the industry and the organization specific environments. It adequately allows for a unique employee charter, when needed. Read on to know more.. Other Services Consulting Services Ramco’s provides consulting services to the BFSI vertical for Business Value Delivery Management, Process improvement, IT strategy, SOA governance, Legacy Transformation, Balanced Scorecard, Shared Services and Risk & Compliance management. Business Process Outsourcing services Ramco business process outsourcing services for BFSI are focused on lending back office operations, risk & compliance, enterprise back office functions including Finance & Accounting and Human Resources Ramco offers platform based BPO in these areas leveraging our transform and shift methodology or works with client’s existing platforms and transform the operations over a period of time leveraging technology and process re-engineering. Technology Outsourcing services Ramco offers complete technology outsourcing services, from application development and maintenance to independent validation and infrastructure management. With 18 offices in 9 countries, including an offshore delivery center in Chennai, India, Ramco’s unique global delivery mode balances client’s needs with multiple local and foreign locations to give a variety of solution choices. Ramco’s Technology Based on Ramco VirtualWorks®, Ramco solutions for Banking and Financial Service Institutions provide companies with the flexibility they need to rapidly respond to evolving corporate imperatives, regulatory changes, and market conditions. Rather than re-deploy enterprise systems as the company reacts to these changes, the underlying platform can leverage business process models to quickly compose new business assets for true "change on demand." Call us Mail us Resource Center Ramco VirtualWorks Learn more about the model-based architecture of Ramco VirtualWorks and how products built and delivered are superior and faster than the conventional approaches Ramco DecisionWorks Get to know how our BI platform and how it helps you gain real time profound insights into your operations so that you can make smarter, faster decisions, and drive better business results Ramco's Consulting Expertise Get to know how we use our collective technology expertise, industry insights and global best business practices to deliver integrated end-to-end IT enabled business transformation services. Customer Reference Ramco has enabled a leading & global banking giant track and manage its investments in various mutual funds, particularly that of its corporate clients.