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Corniche
What Is Corniche?
Designed for the management of private banks and for financial institutions involved in loans, retail finance and payments including SEPA and ISO20022. True multicurrency accounting for current, savings and deposits, overdrafts, advances, merchant and card services, sales financing and payment interfaces. Powerful Corniche APIs simplify connectivity from 3rd party apps or your own branded developments to back-office or online banking. Support for fiat and digital currencies and for commodities.
Who Uses Corniche?
Financial organizations with depository accounts; private banks, payment processors and gateways; loans and pay-day-loans establishments; sales financing, wallets, commodity brokers.
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Reviews of Corniche
CORNICHE REVIEW
Comments: IT IS A SO FRIENDLY USER SYSTEM. NEARLY DOES EVERYTHING/PROCESS A BANK NEEDS
Pros:
VERY HELPFUL AND ALSO FRIENDLY USER SYSTEM I EVER USED
Cons:
HAVEN'T SET UP HOW TO DO QUARTERLY REPORTS YET IN THE SYSTEM.
Megasol Technologies Response
11 months ago
Thank you for reviewing Corniche Banking System. When you are ready to tackle quarterly reporting we are here to help. Corniche supports operational, management, group and jurisdiction reporting at the financial statement level, and features a wide range of reports for examining every aspect of the bank.
Highly recommended system (based on almost 10 years experience)
Comments: I use the system 10 years. If I need any guidance or guidelines I always receive the best assistance or support
Pros:
First of all the system is user friendly. If you know what you want to get you find it easily. Transactions are processed with no complications
Cons:
I do not think that I can refer to any specific system part
Megasol Technologies Response
11 months ago
Thank you for reviewing Corniche. Since the 1990's when the first lines of code were written, the philosophy, carried forward into each new major system upgrade, has been to keep the user interface simple and effective, and to ensure that support continues to be provided by the most experienced seniors.
Corniche Review
Pros:
Ability to handle the transaction volumes we require as a Mobility Platform. The ability to configure a wide range of payment and commission structures Reliability of the platform is essential
Cons:
I believe that the diversification of the reports could be improved to allow the product to be fully utilised outside of Corniche core markets
Megasol Technologies Response
6 years ago
Thank you for your review. Please note that our clients have access to raw data through secure ODBC and API connections which allow direct access to data in order to produce one-off custom reports on an industry sector basis. Corniche is modeled on private banking and the reporting structure does reflect that.
GOOD SERVICE
Comments: NO PROBLEM IS ALL OK
Pros:
IS VERY EASY AND VERY PRECISE, IS A GOOD SOFTWARE FOR SMALL FINANCIAL AND BANK COMPANY
Cons:
NO PROBLEM IS ALL OK , THE SOFTWARE DOES NOT HAVE ANY PROBLEM IN THE WORK PHASE, IT NEEDS A STABLE CONNECTION TO THE NETWORK
Megasol Technologies Response
6 years ago
Thank you for your comments. Corniche is designed for small to medium sized banks but is also widely in use in Scandinavia by loans originators of all kins where the operations from loan application to theither full repayment or collection are all automated. Our API also allows other service companies to use Corniche as a wallet behind their own industry-specific client-facing front-end.
Reviewing one of the best
Comments:
Ideal banking system for a start-up banking operation. The system is a multi- currency bank system. The support team is superior to any banking system i have used in the last forty years.
Its' General Ledger is extremely flexible and very user friendly. It handles all the major foreign currencies. it come with many standard reports that are very good for both regulatory and management reporting.
It interfaces with SWIFT and other anti-money laundering systems seamlessly
Megasol Technologies Response
6 years ago
Thank you for reviewing Corniche. Our secure API for partners allows a wide variety of third-party services to be connected to the Corniche system - a typical and topical case in point being AML and KYC services such as GRADA and i-Financial.
