ETHIX Financial Solution
ETHIX by ITS offers a technology solution for the effective delivery of all Islamic banking instruments such as Murabaha, Financing Ijarah, Tawarruq, Salam, Istisnaa and more. The ETHIX Islamic Finance and Microfnance modules facilitate:
The Establishment of finance according to the Shariaa work flow
Roll Over Deals
ETHIX by ITS is a flexible, easy to use, user configurable and efficient technology solution that addresses current and future business needs - so that your financial institution can grow, capture market share, and focus on innovation.
Highly parameterized and secure, ETHIX is an end-to-end Islamic Banking solution that meets the full spectrum needs of the Retail and Corporate Banking business including Treasury and Investment and improves branch and department operational efficiency.
• The building of a transaction or business rule once and multiple re-uses.
• Flexibility to adapt to changes in technologies, networks and communications and scale up
• Multi Language user interface with bilingual screens, forms, contracts, vouchers and reports generated as per the preferred language of each user or customer.
• Built in engines that facilitate efficient operations while complying with business requirements and validations.
• Multi-currency on all levels.
• Ability to view and effectively manage customer risk.
• Comprehensive messaging and broadcast facility.
• Straight Through Processing (STP).
Rule-based to allow creation and testing of new products.
Real-time online transactions.
Comprehensive printing module for contracts, receipts and reports (in preferred language).
• Flexibility to modify reports dynamically
• Signature Verification for automatic retrieval and validation of signatures.
• Journaling capability stores all transactions details.