Case Study: Axis Bank achieves branch-wise GL consolidation with Nelito Systems

AXIS Bank selects Nelito Systems for GL Consolidation – Finacle Core

Axis Bank, one of India’s largest private-sector banks, needed a better way to consolidate GL figures across its surround applications without delaying Finacle CBS end-of-day processing. The existing setup pushed GL data into Finacle during EOD, which slowed core completion, limited reporting to bank level only, and did not provide transaction-wise bifurcation. To address this, Axis Bank engaged Nelito Systems Ltd. for a GL Consolidation solution on Finacle Core.

Nelito Systems Ltd. implemented a separate Finacle instance with GL and transaction-level architecture, enabling real-time GL replication and branch-wise maintenance of figures outside the production core. This allowed surround-system EODs to complete before core EOD, preventing delays to Finacle Core production and enabling users to view previous-day GL figures at both branch and bank level. The case study does not cite numeric savings, but it clearly improved EOD timing and reporting granularity.

Axis Bank