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Core Banking Solution - NEWTON
sponsored by ICICI Infotech Services Ltd.
Posted:  12 Sep 2004
Published:  01 Sep 2004
Format:  HTML
Length:  1 Page(s)
Type:  Product Overview

ABSTRACT:

NEWTON is a core banking solution that provides a wide range of banking operations. It allows financial institutions offer highest level of customer service to their clients. The highly scalable product, capable of handling large transaction volumes, is currently available on Red Hat Linux, which reduces the total cost of ownership significantly. Our core banking solution provides the flexibility in implementation as it can be configured to run in both centralized as well as distributed environments.

NEWTON, being a core banking solution, provides the flexibility of developing new products using an Application Common Module that contains common processing and other general utilities used by the system. Each application module in this core banking solution has a set of Application Specific Parameters that can be easily modified for development of new products.
 
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