Case Study: Mizuho Bank streamlines mandate management with Nelito’s FinCraft™ solution

Mizuho Bank implements Nelito’s FinCraft™ Mandate Management System

Mizuho Bank Ltd., one of Japan’s major megabanks, needed to improve revenue growth, corporate servicing, end-to-end treasury integration, cost efficiency, convenience, and compliance around mandate handling. To address these needs, the bank selected Nelito Systems Ltd. and its FinCraft™ Mandate Management System.

Nelito Systems Ltd. implemented FinCraft™ Mandate Management System to digitize and standardize mandate processing, integrate with Mizuho’s core banking and MIS systems, and connect to NPCI/NACH through a gateway and web interface. The solution delivered benefits including simpler mandate acceptance and recording, reduced paperwork and operational costs, better corporate customer service, complete audit trails, enhanced complaint management, and increased float.

Mizuho Bank Ltd