Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The product has been meticulously crafted with Shariah Banking principles in mind, rather than being an offshoot of traditional interest-based solutions. It boasts over 12 years of maturity, validated through extensive field testing. This comprehensive offering includes modules for CORE banking, Investment management, Finance, Trade Finance, Customer Information File (CIF), Limit & Sanction Management, Collateral Management, Teller services, Internet banking, Management Information Systems (MIS), and more. The team behind this innovation possesses profound domain expertise, with approximately 200 person-years dedicated to its development. A diverse group of professionals, including bankers, Shariah Scholars, analysts, technical leads, and software engineers, contributed to this collaborative effort. The system is designed to be modular and resilient, making it adaptable for international markets. It provides flexible support for various delivery channels and necessary interfacing options, ensuring versatility in implementation. Additionally, its underlying technology platform is robust, utilizing .NET C# and Oracle RDBMS, which are highly regarded in the financial sector for their reliability and performance. This combination of factors makes the solution not only functional but also one that is primed for future growth and adaptability.
Description
BankMill MagicTM builds upon the foundation established by BankMill 1.x, marking a significant evolution in technology that took over three years to design, develop, and refine. This initiative brought together some of the brightest minds globally, uniting exceptional design with cutting-edge technology and extensive research and development. The result is a remarkable fusion of an entirely new front end alongside the proven stability of BankMill. This versatile application is compatible with all devices, as illustrated by the images showcasing the "Person Screen" on both a laptop and a mobile device. You'll notice the fields are arranged horizontally on the laptop while they stack vertically on the mobile interface. BankMill™ stands out by providing the most economical total cost of ownership and operational expenses when compared to other core banking systems currently available. Furthermore, every transaction within the system is meticulously logged, complete with timestamps and user ID stamps, ensuring a robust audit trail for accountability. This attention to detail enhances trust and reliability within the banking experience.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Millennium Information Solution
Founded
1996
Country
Bangladesh
Website
www.mislbd.com
Vendor Details
Company Name
Mindmill Software
Founded
2014
Country
India
Website
www.mindmillsoftware.com
Product Features
Banking
ATM Management
Compliance Tracking
Corporate Banking
Credit Card Management
Credit Union
Investment Banking
Multi-Branch
Online Banking
Private Banking
Retail Banking
Risk Management
Securities Management
Transaction Monitoring
Product Features
Banking
ATM Management
Compliance Tracking
Corporate Banking
Credit Card Management
Credit Union
Investment Banking
Multi-Branch
Online Banking
Private Banking
Retail Banking
Risk Management
Securities Management
Transaction Monitoring