March 19, 2019
VSoft Corp., a provider of information and technology solutions for financial institutions, has launched Wings, a flexible, comprehensive core processing system built on advanced browser-based technologies.
According to a company press release, the platform was purpose-built from the ground up to provides seamless, real-time, high-volume transactions across multiple channels for a more consistent and intuitive digital banking experience.
Wings allows institutions to customize reports and export in a variety of formats to fit their needs. It also has the ability to generate automated monthly reports that leverage the data collected. The solution synchronizes fragmented systems to provide a unified view of accountholder information that can help FIs make data-driven decisions, the release said.
Wings is device agnostic and works across platforms that include desktop computer, tablet, or smartphone. Highly customizable business rules and thresholds let financial institutions configure new products and roll them out quickly. New screens, sections, and fields can be added in real time natively in the system without needing costly programming.
"Financial institutions with outdated, legacy core technology can no longer compete in today's ultra-competitive market," VSoft chairman and CEO Murthy Veeraghanta said in the release. "In response, we developed a functional, flexible core system that allows organizations to work more efficiently and compete at higher levels."