BFSI Solutions

The financial services industry is going through a rapid transformation with a fast changing regulatory environment and market driven changes. Increasing electronification in capital markets and displacement of traditional channels in Banking and Insurance are adding pressure to margins. Senrysa’s solutions for financial services powered by Unified Branchless Banking Platform (UBBP) helps customers:

Unified Branchless Banking Platform is a micro-banking environment that encompasses transaction processing, account life-cycle management, device management, integration to core banking and other legacy system. The core of process engine is a high performance module to acquire, route and authorize financial message from multiple electronic channels on standard financial message protocol ISO 8583 and other proprietary protocols. Seamless integration of biometric devices, Tab, Smart Phones, POS and micro ATM enables deployment of micro banking services anywhere. The platform is placed in front of regular banking systems to deal with growing requirements of micro banking. It insulates regular banking systems from evolving transaction or product offerings and its complexities of micro banking. The Platform is built using Java and neutral to hardware and database platforms

Aadhaar Enabled Payments System (AEPS) promoted and supported by NPCI fully supported by Senrysa Unified Branchless Banking Platform. The AEPS switch accommodates XML and regular financial ISO 8583 message protocols. AEPS switch supported functions are:

Senrysa Unified Branchless Banking Platform makes it possible to deploy complete APES services in all delivery channels such as regular Kisok banking, ATM, mico-ATM, Tab or hand held mobile devices.

The eKYC service offered by UIDAI enables electronically verifies customer’s identity, address and demographic details. Using eKYC customers can authorize bank to receive electronic copy of their personal identity and demographic details. eKYC service greatly simplifies, eliminates lengthy paper work and streamlines the process of onboarding new customers with financial institutions and facilitate faster service.

Senrysa eKYC Platform encapsulates intricacies of eKYC and makes the consumption of Aadhaar data easy across the channels. The black box approach adopted by Senrysa, completely masks the requirements of UIDAI in terms of messaging, security etc. from consuming application. Senrysa eKYC Platform has well defined and highly demarcated REST based API for easier integration with any channels or systems. It is also possible and easy to integrate legacy systems with customized API.

Senrysa eKYC Platform supports the following core eKYC functions