| MIND has effectively executed various projects for the Banking domain. MIND’s vast project experience ensured adherence to industry critical norms. Proven expertise by meeting customer demands on time every time thus enhancing client relationship .Some of the key projects undertaken by MIND are as under: |
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| MIND Cheque Truncation Solution (MCTS): |
MIND specializes in developing compliance driven applications for Indian banking sector.
Reserve Bank of India (RBI) guidelines have made it mandatory for all banks in the Delhi/NCR to implement a Cheque Truncation System (CTS) by the end of year 2006.
MIND Cheque Truncation Solution (MCTS) complies with all requirements of the RBI. MCTS meets all requirements of small and medium banks with limited branches and low transaction volume. It is also scalable to a multi branch, high transaction volume environments. MCTS supports decentralized, centralized and hybrid (hub and spoke) models of Cheque Truncation System |
| Value Proposition |
- Highly cost effective solution complying with all RBI requirements
- Meets all FSTC Image Quality Assurance tests recommended by RBI
- Complete end to end solution including hardware, software and integration services
- Integration of MCTS with your core banking solution
- Expertise in system integration to enable rapid implementation at your bank to meet RBI deadline
- Dedicated team to provide ongoing support and maintenance
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| MIND was amongst the first companies in the NCR to receive an order for Cheque Truncation System. The implementation is currently in progress. |
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| Successfully implemented at Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) |
