Union System Global

Union System Global is a financial software solution designed to meet the needs of financial institutions, IT companies, consulting firms, outsourcing companies, and datacenters/disaster-recovery facilities. According to the vendor, the product offers core and non-core banking modules, alternate channels, data center setup/disaster recovery services, systems integration capabilities, business intelligence solutions, architecture design services, and training programs. This wide range of features caters to professionals and industries in the specified sectors. Whether a business is small or large, Union System Global aims to provide the tools and expertise to streamline operations and drive growth.

Key Features

Core Banking: According to the vendor, X100+ Core Banking provides a comprehensive solution for networking bank branches, facilitating account management and access to various banking facilities. It supports loan and deposit products, integrates a general ledger and customer relationship management system, and offers features such as loan origination and financial accounting functionalities.

Non-Core Banking: The vendor states that X100+ Non-core banking extends the capabilities of the Core Banking solution by enhancing daily banking operations. It covers functionalities like member registration, shares management, deposits management, and loans origination. This module also includes features such as dividend calculation, financial accounting, and online internet banking.

Alternate Channels: According to the vendor, the Alternate Channel module complements the core and non-core banking solutions by providing additional channels and methods for delivering banking services. It includes features like SMS banking, payment gateway integration, and online internet banking. The module also supports ATM switch integration, POS switch integration, and real-time gross settlement (RTGS) integration.

Data Centre Setup / Disaster Recovery: Union System Global offers services for architecting, building, managing, and optimizing data centers and disaster recovery infrastructure, according to the vendor. This includes IT infrastructure planning, data center commissioning, disaster recovery site commissioning, cloud solution selection, business continuance planning, and WAN, router, firewall, and security solution commissioning.

Systems Integration: Union System Global specializes in system integration services, enabling banks to improve performance and streamline business processes, according to the vendor. It offers integration solutions for various banking systems, including Swift integration, ATM switch integration, and POS switch integration. The services also cover real-time gross settlement (RTGS) integration, SMS gateway integration, and payment gateway integration.

Business Intelligence: According to the vendor, Union System Global provides tailored Business Intelligence (BI) solutions for financial institutions. These solutions offer insights into key performance metrics, enabling banks to analyze historical performance, facilitate budgeting and planning, and comply with regulations. The BI solutions aim to improve financial reporting and planning, increase cross-selling, and streamline operations.

Architecture Design: Union System Global offers architecture design services to help banks develop effective IT infrastructure, according to the vendor. This includes IT infrastructure planning, data center setup, disaster recovery management, business intelligence solutions, risk management, investment advising, and taxation.

Training: According to the vendor, Union System Global provides training services to assist banks in implementing core banking transformation programs. This includes planning, documentation, building, testing, integration, rollout, stabilization, signoff, support, and training for users and system administrators throughout the transformation process.