Ashish Varun – Head International Sales, Marketing at Nelito Systems Ltd explains that the company is engaged in the business of providing software solutions and services for Banking, Financial Services and Government sectors, primarily in India and South Asian countries. Formed in 1995, Nelito has served more than 220+ customers globally in 19 countries across 4 continents and earned a unique reputation for its solutions and delivery excellence with its esteemed customers, industry peers and independent research firms. Nelito has more than 1200 employees and its major shareholders are DTS Corporation Japan and Tata Group of companies in India.
What is the core focus of your business?
Nelito’s business offerings provided under the FinCraft Suite are as follows:
Transaction Management Services
- Core Banking Solution
- Integrated Lending Management Solution
- MicroFinance Solution
Reporting Solutions
- Regulatory Reporting Solution
- Risk Reporting Solution
Data Management & Data Quality
- Data Archival and Retrieval Solution
- Data Quality and Master Data Management
Payment Systems
- Cheque Truncation solution
- Mandate Management solution
Mobility Solutions
- Mobile Banking solution
- Internet Banking Solution
- Door-Step / Agency Banking Solution
Nelito offers IT Services in the areas of:
Application development and maintenance
- Microsoft Technologies
- Java Technologies
IT outsourcing services
- Project mode outsourcing of the application development
- L1, L2 and L3 support services
Business Process outsourcing
- Back-office processes
- Professional consulting services
- Providing skilled technical and functional experts
IT Infrastructure services
- DC and DR Consulting / Build/ Maintenance
- Facilities management services
What have been the company’s biggest highlights for 2018?
The biggest highlight of 2018 on company’s management was the smooth integration of DTS as a shareholder.
Few highlights on the business operations included high acceptance of FinCraft Lending Management Solution in India. We have acquired more than 10 clients in the non-banking finance segment. We successfully forayed into the Cambodian market by signing a deal with Chamroeun Microfinance for FinCraft Core Banking Solution. We are recently engaged by a Global Bank in Mauritius for their regulatory reporting with FinCraft Automated Data Flow system. In the services segment, we entered Oman and Kenya. So, overall, good progress on Indian and International markets for different products.
Could you tell us about your future plans and upcoming programs?
We are focusing on promoting our class-leading Integrated Lending Management Solution, Data Archival and Retrieval and Enterprise Reporting globally. Some of the products will be upgraded and released in the next few quarters as part of their product enhancement roadmaps.
Why are programs like the tt100 beneficial to enterprises?
Winning an award builds recognition for the work you and your team have been doing. If that award is focused on one element of your business that you’ve always wanted to have recognition for, it shows others the expertise you have. Some businesses may struggle to prove their credibility, but an award win certifies their place in the industry, especially if the award has been judged by industry leaders and experts in that field.
Also, the employees contribute a lot towards the success of a company. Winning an award would increase the level of productivity as well as foster a sense of achievement among them.
How has winning the award impacted your business?
Winning of a business award can often force you to look at your business from a different perspective and compare yourself to your competitors. You’ll need to make sure that you stand out from the competition whether that’s through innovation, diversity, growth, customer service, investment in people or strategic thinking. Winning a business award provides independent recognition of your business. Customers and vendor partners will feel better about their business relationship with your company.
What advice would you give to future leaders who are starting out within the same industry?
Leaders are always planning for the future and have a vision, roadmap, game plan, of where the business needs to go. Without a defined direction, managers will have nowhere to lead the team. IT business is vulnerable in nature. The technology keeps advancing day by day, hence they should be updated with the latest trends and optimise. Whether you’re a seasoned leader or new business owner, there’s always something new to learn each day.
Staff Writer
