SharePoint - Star Knowledge

MICRO FINANCE – MF Core

13 FEB 2018

MF Core

Client

Micro finance – MF core

Clients concocted a thought

Micro Banking organizations, especially Microfinance Institutions (MFIs) are now concentrating on adopting innovative solutions to optimize their efficiency. The focus is on, establishing a formal and efficient structure to record complex transactions and take Intelligent Business Decisions.

What we proposed

Star Knowledge recognized the importance of technology in facilitating effective functioning of MFIs early on and hence we developed a technology solution called “MF Core” to scale-up MFI’s with minimum infrastructure.

Star Knowledge’s technology platform, MF Core is on-demand, modular and is based on ‘pay as you use’ functionality. The hosted technology platform is built on principles of Service Oriented Architecture (SOA) and is designed to meet the requirements of the Microfinance industry in a cost-effective manner. The platform is beneficial as clients can leverage the benefits of technology without bearing the cost of setting up a sophisticated IT infrastructure

Results & benefits obtained

The key benefits realized by the Client as a result of the successful project include:

  • Minimizing Capital Investment on IT Infrastructure for MFI Clients
  • Strong Technology Framework for handling large volume of business covering beneficiaries in remote locations
  • Complete control of Data Inputs and Report Management
  • Enabling Branch Banking, Rural Banking and Door Step Banking with one single Technology Platform
  • Real Cost Savings
  • Real Time Interface with Bank / MFI Clients existing IT framework
  • Emphasis on Maintaining Customer Data across all Business Processes

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