Category: Business

Neptune’s Orbit-R Banking System is Now Live at Solution SACCO Kenya

Orbit-R Banking System

Interesting yet Informative!!!

We are excited to announce that Neptune’s Orbit-R Banking System is now with Solution SACCO, Kenya.
This marks a significant milestone for both Neptune Software Group and Solution SACCO Ltd. Neptune delivered the most efficient and reliable Technology to Bank On, on time and within budget.

Significant Feature:

  1. Role-Based Single Sign-On (SSO): Offers a versatile authentication system allowing users to assume multiple roles, streamlining access while maintaining security protocols.
  2. Robust Parameterization: Provides a highly customizable solution for interest rates, fees, and taxes. These parameters are globally defined and can be associated with any product offerings.
  3. Comprehensive Audit Trail: Ensures a robust audit trail for all financial and non-financial transactions, enhancing transparency and accountability.
  4. Integrated Workflow Engine: Orbit-R includes a built-in workflow engine, eliminating the need for additional investments in business process automation. Banks can automate a wide range of operational workflows and establish multi-tiered Maker & Checker processes.
  5. Rapid Deployment: Industry-leading deployment speeds enable new branches and products, such as deposits, loans, and term deposits, to be configured and operational in as little as 15 minutes, independent of technical staff assistance.
  6. Ad-hoc Reporting Capability: The system empowers users to generate custom reports on-the-fly, catering to specific data analysis needs.
  7. Advanced Process Flow Management: Orbit-R supports both forward and reverse process flows, with provisions for multiple levels of authorizations, ensuring a flexible and controlled operational environment.

Orbit-R Modules

Orbit-R USP

  • Developed on SOA based JEE Architecture
  • Web nativity – True Web Technology
  • Externalized Business Rules
  • Rule Based product / Event Model
  • Consistent Delivery Across Multiple Channels
  • Straight Through Processing
  • Integrated Customer Analytics
  • Virtual End of Day – True 24/7 Banking
  • Multi- Currency System
  • Support Global – Language Variation & Calendar Compatibility
  • Centrally Deployed
  • Centralized End Of Day Process

Solution SACCO

Solution SACCO is a licensed tier one; Deposit taking SACCO established in 1976 with an aim to champion social economic prosperity of its members. The SACCO is licensed and regulated by Sacco Societies Regulatory Authority (SASRA). members drawn from different sectors; education, health, Cooperatives, Counties and National Government employees, MSMEs, Chamas and other community-based organizations. Solution SACCO has positioned itself as a leading financial institution in the country and beyond by offering competitive member-focused savings and credit products and services.

Technology to Bank on…

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