Banking and Finance

CLIENT TESTIMONIALS

  • Azimuth Ship Management
    Project Co-ordinator

    We are very satisfied and happy to have found AVL as our offshore development partner for software development. During our relationship, AVLt has developed a good understanding of our own vision and work flows and found a way to successfully complement our operations without causing any discontinuities or issues on our side.

  • PSI Incontrol Sdn Bhd

    “Thanks for your amazing service and true partnership! I really appreciate everything that you are doing and handling all our professional service requirements.”

  • Mr. Krishnamurthy Hegde,
    General Manager – Web Solutions, Shoppers Stop

    “We deeply appreciate the good work, commitments and teamwork displayed by the Team from AVL Infotech in the development of business critical application using Microsoft SharePoint technologies.”

Banking and Finance

The Market

Whether local or global, we offer “Personalized and Assembled Enterprise Solutions for the Banking and Financial Markets” with pre-assembled business functions and value chains.

Global competition is fierce in the financial services industry, relentlessly squeezing margins. Markets are fast evolving to become a highly technology intensive and complex domain. Technology is revolutionizing all aspects of financial services. Delivery channels are changing. Customer-service expectations are rising. New products and processes are being continuously designed to cope with the ever-changing risk perceptions, investor demands and regulatory prescriptions. Settlement times are compressing. Additionally, the Internet is redefining the very nature of how, when, and where the world invests. Are you ready?

Where we stand

Our Banking & Financial Services solutions enables financial organizations, whether, they are commercial bank, an investment bank, or a credit/debit card company, fulfill customer demands while keeping costs in line. AVL Infotech Banking and Financial services professionals have broad and deep knowledge of the industry and the technologies required to give enterprises the competitive edge.

Our capabilities span the breadth of industry needs including capital markets solutions, and the entire range of strategic outsourcing and integrations services that might be required-including application maintenance and development outsourcing and custom development.

The manufacturing capabilities of our solutions automate and control your shop floor activities, including production planning and execution, engineering inventory procurement, costing, and quality assurance. The manufacturing suite of applications uses advanced techniques that accommodate your operation, whether you use lean manufacturing practices, or have particular scheduling requirements. It offers easy-to-use graphical windows that mimic your shop floor and provide you with a familiar frame of reference. Use the manufacturing functions to create accurate bills of material and work orders, compare costs, and perform an infinite number of “what-if” schedules.

Our Warehouse Management systems provide for cost effective warehouse management and enhanced collaboration with the trading partners.

The supply chain offerings help organizations manage information across the supply chain efficiently, resulting in the optimization of resources, reduced inventory levels, and improved customer service.

We are also engaged in providing implementation, consulting & migration services for ERP package SAP.

Our Service Offerings

We offer comprehensive financial solutions extending right from transaction-based accounting processes to corporate finance such investment management and treasury support. Also included are financial control applications such as project costing, activity-based costing, and overhead cost control. The product cost-controlling module is of special importance as it determines the costs arising from manufacturing a product. It gives organizations a real-time cost control mechanism. Our customization takes into account the accepted accounting procedures, support for national currency and handling of country-specific import/export taxes and legal requirements.

The financial accounting framework is highly suitable for covering daily business transactions conveniently and efficiently because of its user-oriented design and clear separation into fixed assets, accounts receivable, accounts payable, and bank/cash. The unique range of services covers not only the convenient and rational (mass) data processing, but also a comprehensive information system and flexible, detailed analyses, customized to the specific needs of your company. Due to consistent transparency, accounting can contribute significantly to achieving your corporate objectives.

Our competency areas:

  • Can handle multiple companies; corporate groups can be depicted
  • User-defined analysis codes/fields per account range
  • Recurring postings
  • Automatic payments (domestic/overseas)
  • Automatic posting of bank statement information possible
  • Central access to all customer information with multi-level drill-down
  • Information and workflow-oriented debt management
  • Templates for creating debtors and creditors
  • Automatic settlement of mixed accounts, central payments
  • Invoices received register with integrated workflow
  • Accrual and deferral postings
  • Quantity and advance payment accounting
  • Postings across group; group consolidation possible
  • On-line, real time processing
  • Relationship banking enabled through extensive mining of all customer transactions
  • Rapid time-to-market with new product and service offerings
  • Multi-currency support

Our Services:

  • Architecture development, Application maintenance and Customized applications development
  • “E-banking” and “E-investment” solutions
  • Enterprise Application Integration
  • Onsite consulting and outsourcing services
  • Professional services, such as product testing, application/database performance tuning, and system management
  • Product enhancement and development
  • Reengineering and integration of legacy systems
  • Securities Trading Systems – development and Re engineering
  • Web-enabling of legacy systems
  • SAP ERP – Implementation, version migration, roll out, maintenance/ production support, help desk, customization and enhancements, change management, enterprise application integration