Our Core Banking Application is a comprehensive, centralized platform designed to power banking institutions with coherent, real-time banking operations. It enables banks to efficiently manage customer accounts, deposits, loans, payments, cards, and more – all from a single, integrated system.

Deployed at ProCredit Banks across different countries, it is designed to handle multi-branch, multi-currency, multi-product & multi-lingual implementations.

Built for scalability, security, and compliance, it supports both retail and corporate banking with robust performance. Its intuitive interface, modular design, and advanced analytics empower banks to deliver exceptional customer experiences and stay agile in a fast-changing financial landscape.

Key Features

Quipu’s core banking system, as a fully integrated banking software, facilitates a wide range of banking functions.

Retail

The function offers a comprehensive suite of features designed to meet the everyday banking needs of individual and business customers, such as

1. Register/Update customer information
2. Customize data requirements as per local regulations
3. Manage securely client documents such as Identification documents, Income statements, Residence proof, etc.
4. Offer different banking products as per the client’s needs – Current accounts, Savings accounts, and Term Deposit accounts
5. Bank cashier friendly cash terminal operations & foreign exchange
6. Manage cheques – Domestic & International
7. Connect to digital channels (e-Banking, m-Banking)
8. Go paperless – Digital Signature Pads

Loans

Enables banks to offer & manage a wide variety of lending products via built-in credit scoring, risk management & regulatory compliance. Additionally, it offers:

1. Loans and end-to-end lifecycle management of loans
2. Risk management – Collateral, Arrears, Related Parties & Client Groups
3. Loans Management to Micro & Small/Medium Enterprises – Annuity loans, Variable rate loans, Constant principal loans, Seasonal loans, etc.
4. Assessment and Enablement of client to take extra debts – Credit Lines, Overdrafts
5. Customizable fees, depending on the type of loan

Cards

The core banking connection with payment systems (VISA & MasterCard) facilitates clients’ payments globally. Additionally, the core banking application offers:

1. Credit Cards as a short-term financing product
2. Card Administration – Issuing, Cancelling, Blocking & Personalization
3. Card Application Support
4. Card Service fee management
5. Connectivity with Quipu Processing Centre (QPC)

Money Transfers

The Money Transfers module enables fast and secure domestic and international fund transfers across various channels, including Instant transfer, SWIFT, and SEPA. Designed with compliance at its core, the module incorporates robust Anti-Money Laundering (AML) checks to prevent suspicious activities. The integrated module within the core banking system supports:

1. SWIFT MX
2. Multiple currencies & exchange rates
3. KYC verification, ensuring a trusted experience for both banks & clients
4. Customizable fee, depending on the type of transfer
5. Report generation as per bank & client needs

Trade Finance

Quipu Core Banking supports several documentary business instruments used in international trade finance and enables financial institutions to define their own fees in accordance with their policies and local market conditions.

Document Management & Internal Organization

Essential for the front office operations, it supports the electronic storage, management, and tracking of paper-based information captured with a document scanner.

1. Facilitates inter-departmental collaboration via electronic document sharing
2. Promotes centralization, standardization, and optimization of back-office processes for better customer service
3. Single electronic archive to access documents needed,
   1. To streamline internal processes & centralize retail operations
   2. To perform centralized payments
   3. To check details of loan applications, collateral agreements, related parties, etc.

Benefits

• Accounting with the integrated general ledger with customizable account structures
• Multi-Currency & Branch Support
• Regulatory Reporting
• API-First Integration – it connects easily with third-party solutions, CRMs, and payment systems
• Role-Based Access – secure, permission-based user controls
• Reduced infrastructure and maintenance costs by eliminating the need for multiple standalone systems and interfaces
• Ease of integration with a large set of APIs, including event-driven processing
• Low-code / No-code – ease of parametrization and adjustment according to BPM capabilities