Secure CRM for Banks

Data security is of utmost importance for the banking sector. Banks have to ensure that their data is totally secure and access to information is limited to authorised personnel only. With the advent of newer technology and more secure systems, banks have to upgrade regularly. Investing in the latest technology helps to safeguard against the latest kinds of cyber and other threats.

Enforcing a new system may pose to be a major hurdle as it requires compliance at multiple levels. Banking employees have to be trained to adopt the new system and adhere to the latest protocols. This kind of change may result is resistance and major upheaval. The Dynamics CRM is a very user friendly software like all other Microsoft products. The familiarity with other Microsoft products makes user acceptance of the Dynamics CRM an easier task.

Monitoring of banking transactions

Every top level banker understands the importance of being able to have access to current transactions as well as major transaction that take place through the bank. This monitoring is not just at the branch level but at the head office level as well. By monitoring large financial transactions, it assists in putting a stopper on making bad deals, wrong choices and investing in ventures that could result in a financial loss to the bank. It is important for top level authorities to be able to monitor disbursement of large funding and business loans.

Banks thrive on utilising public funds to generate income by investing or giving loans for a profitable interest rate in return. Ensuring that the risk on these funds is secured with assets as collateral is essential.  In many cases the deal may appear a lucrative gain for the bank which leads to compromise and laxity in the paperwork and formalities. The Microsoft Dynamics CRM makes a provision for assessing at a glance if all the criteria are fulfilled. A comprehensive report can list records where the formalities and paper work is incomplete. This information can be scrutinised by the higher levels and checks put in place to curtail the level of risk that the bank subjects itself to.

Data security levels

The Dynamics CRM comes with multiple levels of security for data access and modification of records. There is a proper log recorded for every user activity. The passwords are stored in an encrypted format so as to secure access even in case of attempts of data theft or hacking. Alerts are triggered for irregular data access or system access at unusual hours. User activity can be monitored and data regulating authorities can ensure that there is no infringement.

MS Dynamics for Banks

The PragmaBanco is a customised version of the Microsoft Dynamics. It has been designed keeping in view the specific requirement and the high levels of security required by the Banking sector. Pragmasys has created PragmaBanco as a starting point for Banks. This can be further customised as per the individualised need of each bank. Upgrading to PragmaBanco with full assistance and support from Pragmasys can be done with minimum disruption and within a short duration as well. Pragmasys offers its clients total support and assistance during the upgrade as well as after the PragmaBanco system is in place.