Profile is a real-time, multicurrency, deposit and loan core banking system developed as a single integrated solution. It contains an extensive inventory of thousands of configurable features that are designed to meet the unique product needs of individual retail and commercial financial organizations. It supports an installed base of hundreds of institutions spanning sixteen countries, ranging from de-novo startups to top-tier global banks. Institutions using Profile as their core banking system experience industry-leading total cost of ownership (TCO) benefits, based on lower infrastructure costs, ongoing operating costs and increased productivity. Its proven scalability and high availability make it a premier alternative for organizations that are committed to implementing a 24x7x365, “always on” solution.
Profile's key features inlcude real time processing of financial and non-financial transactions, a highly configurable product factory that covers the spectrum of deposit and loan products globally, database extensibility without coding and a robust report writer that allows for the creation of new reports and changes to existing reports to be made by business analysts rather than developers.
Real time processing significantly reduces day 2 exception processing as errors and transaction integrity are validated at the time of update allowing changes and corrections at the point of interaction. Not only does this reduce day 2 processing but provide a better customer experience.