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Corniche

Name: Corniche
Rating: 4.5 (2 reviews)

By Megasol Technologies

1280 Interested

Highlights : About Corniche

Bank Controlling

Bank Management

Bill Payment

Brokerage

Check Balances

Commodity Trading

Compliance Tracking

Core Banking

Credit Union

Escrow Payments

Finance Contact Database

For Collections

Investment Banking

Lending Integration

Lending Management

Multi-Branch

Offshore Management

Online Banking

Password Protection

Private Banking

Retail Banking

About Corniche

Corniche is a cloud-based banking system which helps banks and financial service companies with payment processing, documentation and compliance. Key features include commodity brokerage, records management, escrow payments, interest processing, and transaction management.Corniche's multi-currency accounting module maintains inter-currency positions, separate ledger structures for currencies, and IFRS compliance. The platform stores digital currencies and commodities on a brokerage platform, allowing users to import exchange rates from an external data service. Teams can store due diligence records such as transaction sourcing, personal identity documents, employment, bank references, and addresses, enabling the verification of data by third-parties. Corniche's escrow system lets sellers and buyers self-manage the entire sales cycle, from transaction agreements to delivery and payments.Corniche supports the processing of fixed and variable interest rates, enabling teams to offer structured products with a predefined length of investment and a banded rate of interest. The platform splits commission payments between multiple levels of agents, and defines commission rates based on transaction amounts.

Specifications

Business Size

Startup

Language Support

English

Platforms

Product Details

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