Murthy Veeraghanta, Chairman and CEO of VSoft

VSoft Corporation, the technology solution provider for financial institutions, has launched its core processing system Wings. This new system has been built on browser-based technologies, aiming to ease core processing for banks and credit unions.

According to the supplier, Wings includes a suite of modules aimed at facilitates transactions across multiple channels, provides account holder information thereby allowing the banks and credit unions to make data-driven decisions. Banks and credit unions can adapt either real-time posting, batch posting or a combination of the two transaction processing methods in an operating environment of their choice. financial institutions can configure new products and roll them out quickly within a matter of minutes with Wings’ flexible parameters.

“Financial institutions with outdated, legacy core technology can no longer compete in today’s ultra-competitive market,” said Murthy Veeraghanta, Chairman and CEO of VSoft. “In response, we developed a functional, flexible core system that allows organizations to work more efficiently and compete at higher levels.”

Founded in 1996 and headquartered in the USA, VSoft Corporation is a provider of banking and payment solutions, image and core processing solutions to financial institutions.

by Megha Bhattacharya
Market Analyst at IBS Intelligence