FINSYSOpenFactor Technologies
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LorumLorum Finance
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Related Products
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About
FinSys is a robust, secure and cost effective digital, community and agency banking platform with modular service-oriented architecture that provides a comprehensive range of functionalities required to deliver financial inclusion. Built on the Apache Fineract engine, FinSys supports multi-entity, multi-currency and multi-lingual capabilities. It has a complete range of independent business modules which operate within an integrated framework. This allows financial institutions to rollout new financial services in a most cost-effective way. FinSys supports lending, investment account with support for fixed and recurring deposits, savings and current accounts, standing instructions, account transfers and provide support for a mix of deposit and credit products. Flexible interest, charges and fees management. FinSys provides a comprehensive agency banking modules with functionalities that includes agent management, till management, fees,charges and commission management.
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About
Lorum provides multi-currency clearing infrastructure for regulated platforms and financial institutions operating across multiple markets. The product connects directly to major and local payment rails, allowing institutions to clear and settle funds without building local entities or maintaining fragmented correspondent banking relationships.
Through a single API and ledger, clients run operational and client-money account structures across currencies, with regulated, segregated accounts and virtual IBANs issued in the end customerโs name where supported. This enables predictable settlement finality, improved fund security, and clearer ownership of balances across jurisdictions.
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Platforms Supported
Windows
Not Supported
Mac
Not Supported
Linux
Not Supported
Cloud
Supported
On-Premises
Not Supported
iPhone
Supported
iPad
Supported
Android
Supported
Chromebook
Not Supported
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Platforms Supported
Windows
Not Supported
Mac
Not Supported
Linux
Not Supported
Cloud
Supported
On-Premises
Not Supported
iPhone
Not Supported
iPad
Not Supported
Android
Not Supported
Chromebook
Not Supported
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Audience
Financial institutions in need of a banking systems program
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Audience
Financial institutions, PSPs, remittance, cross-border payment platforms
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Support
Phone Support
Not Supported
24/7 Live Support
Supported
Online
Not Supported
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Support
Phone Support
Not Supported
24/7 Live Support
Supported
Online
Supported
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API
Offers API
Not Supported
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API
Offers API
Not Supported
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Screenshots and Videos |
Screenshots and VideosNo images available
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Pricing
$15000 per year
Free Version
Not Supported
Free Trial
Not Supported
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Pricing
No information available.
Free Version
Not Supported
Free Trial
Not Supported
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Reviews/
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Reviews/
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Training
Documentation
Supported
Webinars
Supported
Live Online
Supported
In Person
Supported
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Training
Documentation
Supported
Webinars
Supported
Live Online
Not Supported
In Person
Not Supported
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Company InformationOpenFactor Technologies
Founded: 2012
South Africa
www.openfactorgroup.com
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Company InformationLorum Finance
Founded: 2023
United States
www.lorum.com
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Categories |
Categories |
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Banking Features
ATM Management
Supported
Compliance Tracking
Supported
Corporate Banking
Supported
Credit Card Management
Supported
Credit Union
Not Supported
Investment Banking
Not Supported
Multi-Branch
Supported
Online Banking
Supported
Private Banking
Not Supported
Retail Banking
Supported
Risk Management
Supported
Securities Management
Not Supported
Transaction Monitoring
Supported
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Integrations
No info available.
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Integrations
No info available.
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