CORE9 Financials specialises in solutions & services for the cooperative community. We have been active in the cooperative business since 2005.
Utilising behavioural analytics and predictive modelling to target the right members with the right product offerings at the right time using the right channel to maximize profitability. Provides 360˚ view of member profile.
Faster product launch and wider market penetration enables faster entry into newer and emerging markets. Utilizing the most up-to-date security features and standards, you can now deliver world-class products and services without risk to members.
The CORE9 solutions conforms to Technology Risk Management (TRM) Guidelines issued by the Monetary Authority of Singapore (MAS) and common financial institution best practices and compliance standards. We offer Maker-Checker control for all essential system functions and detail audit trail with system-wide logging and monitoring.
Employing comprehensive member audits and know your customer (KYC) protocols, you can vastly improve fraud detection and refine marking scheme accuracy. The modular approach of the CORE9 platform provides quicker adaptability to compliance change and through improved asset reusability, faster turnaround times, and increased accuracy, our solution will lower your Total Cost of Ownership (TCO) significantly over time.
Our consultants will advise you of the best approaches to manage your Disaster Recovery & Business Continuity needs based on thorough gap analysis and recommendations.
The CORE9 platform communicates via ISO standards for financial institutions (e.g.: ISO 8583 and 20022). It can be easily customised to handle any other proprietary communication standards/formats thus ensuring maximum compatibility with any existing systems. This versatility enables it to be easily integrated with other vendors’ applications without necessitating costly modifications on the external systems such as GL & Common Pay Offices.
The open architecture and scalability of the entire CORE9 platform enables you to scale your business requirements vertically or horizontally at minimal cost. Our other modular solutions can be seamlessly plugged into the CORE9 platform to make available the different channels for members to transact with (e.g.: Mobile Banking, SMS Banking, Point-of-Sale, ATM, Digital Wallets, etc.) at a fraction of the cost of deploying multi-vendor heterogeneous systems.
The CORE9 platform conforms to OWASP security guidelines and employs government grade encryption algorithms across the business workflow to ensure integrity and authenticity of the information exchanged. Additionally, stringent privilege management and dynamic authorization policies ensure that only authorized personnel access the platform. PKI infused fortification can provide an added layer of security and ensure non-repudiation. Advanced threat and intrusion detection features embedded in the CORE9 platform provides real-time alerts and notifications to administrators of any potential impairment or unauthorised activity.
Our solution is fully a web-based and thus embraces the ‘access-from-anywhere’ concept using a standard web browser without the consumer requiring any specialist (costly) software to interact with the system. A simple and easy to use interface with industry standard layouts provides the user with a familiar and comfortable look-and-feel to enhance their experience when using the system. This access versatility extends the users convenience by enabling connectivity via tablets and smart phones.
The CORE9 platform can be centrally managed via a comprehensive administrative console providing granular control of all aspects of the system. An authorised administrator can easily implement new policies, setup configuration parameter and define cap/transaction limits using the cleanly designed admin console. The minimalistic interface drastically reduces complexities and oversights involved with the accurate deployment and configuration of the system.
Full Loans cycle management with application processing and tracking, supervisor approval, automated credit scoring and computation, loan quotation generation, Bond printing and scheduled loans activation, loans off-setting and re-scheduling, interest rate definition, capital limit definition, loan fees and insurance definitions (e.g., local VAT, variable GST, etc.), and Credit Bureau reporting.
Parameterise Deposit products with our product portfolio and interest rates management modules. Complete visibility to all deposit applications, balances, interests, dividends, pay-outs, etc. Supports interest and dividend processing with automated renewal, interest pay-out, pre-mature and matured closure and withdrawal, and Share Capital management.
Supports domestic payments schemes and pay offices integration such as GIRO and CPO. Provides reconciliation and reports on all GIRO/CPO outward and inwards process files generation and GL posting entries. Comprehensive Deductions forecast management and inquiry with no-pay leaves management, cash/cheque payments, cheque value-date deposits and cheque return management functions.
You can now keep track of and monitor cheque payments and denote the deposit status of received cheques with ease. Our Cheque Register will identify a returned cheque so that the corresponding transaction can be reversed and relevant fees or levies can be applied automatically. Future dated cheques can also be managed and tracked easily.
Our solution architecture offers both horizontal and vertical expandability based on your business continuity and performance needs. High Availability and Fail Over architectures are tailored to your specific Disaster Recovery, Business Continuity and IT audit requirements supporting Active-Passive, Active-Active, Distributed or Centralised processing.
We ensure full and accurate migration of computer data from your existing system to our platform. We provide users with detail data transformation reports to enable the users to cleanse incorrect or out-data member records during the migration process. Our consultants will advise you of the best possible approach to migrate the society members to the new system and new processes with minimal interruption to existing services such as migration of User ID and password for the different co-op channels (e.g., phone banking & IVR, society member self-service web portal, new application or approval processes.
51 Changi Business Park Central 2
The Signature #04-05
Phone +65 6701 8549
Fax +65 6701 8501
Please use the form below if you have any questions for us and we’ll get back to you shortly