Case Study: Deutsche Bank AG streamlines term deposits with Nelito Systems’ FinCraft™

Deutsche Bank AG implements Nelito Systems’ FinCraft™ Term Deposits

Deutsche Bank AG, a global investment bank with a large corporate banking presence in India, wanted to build and implement a flexible term deposit solution that could later support overseas operations. To meet this challenge, the bank turned to Nelito Systems Ltd. and its FinCraft™ Term Deposits product to support a wide range of deposit products, interest handling, renewals, tax and penalty processing, lien management, reporting, and role-based operations.

Nelito Systems Ltd. implemented FinCraft™ Term Deposits with scope finalization completed in 90 days, data migration in 3 months, and go-live across all branches in India within 12 months. The solution improved configuration flexibility, enabled faster and better customer service, reduced overall turnaround time through automation and centralized operations, strengthened MIS reporting for quicker decision-making, and streamlined compliance with regulatory reporting needs.

Deutsche Bank AG