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The Fern range of solutions and price levels allows finance institutions to satisfy their specific needs and budgets as needed. The risk of disruption to operations is minimized as they grow and migrate within the Fern product range:

Fern's product range of easy to use world standard systems includes:

• Abacus OneWorld - comprehensive integrated front and back-office systems - multi-lingual, multi-currency and optional modules;
• Focus - powerful, flexible and robust MFI application delivering all the power of the internationally acclaimed MS SQL 2008 at a budget price;
• M2 SQL - well proven MFI software running in 100s of sites at an attractive entry-level price;
• iLoan - peer-to-peer lending model via the Internet, integrated with Abacus back-office transaction processing

 Seamless Upgrade 

With Fern applications your will be assured of a seamless data migration, minimum disruption at upgrade and a consistent "look and feel" that will please the users. 

With the Fern range your initial expenditure in systems, data collection and staff training is protected and gives you maximum return on your investment over many years.  We have customers who have been using our products for over 30 years - simply migrating to the latest technology in a timeframe that suits them.

All of this adds up to major savings and a long-term view of back-office MIS investment. Our clients can thus concentrate on their core business knowing that Fern is taking care of their MIS.

OPTIONAL MODULES TO ADD TO CORE BANKING SYSTEM

In addition to our Core Banking System (CBS) we have a range of optional modules for users to add as their needs demand:-

• Advanced Credit Management - user defined workflow in debt recovery and delinquency control.  Linked to individual calendars to provide diarised control;
• Advanced Document Scanning - additional filing and folder management for electronic document management;
• ATM ePOS Link - connects Abacus OneWorld to your selected ATM/PoS with no limitation on the functionality: cash withdrawals and deposits, funds transfers, remittances, loan operations and standard enquiries - balances and mini statements; 
• Card Management Systems (CMS) - web based card management system which supports the full processing of card application, through manufacturing and all administration of post-distribution services : issue new and replacement cards, stop, suspend cards, pin number management;
• Credit Checking - output the information that has to be sent to the third party credit reference agency (Equifax, Experian, BusinessPro, Irish Credit Bureau et al.).  You will then be able to access the individual credit reference provided to get factual credit information about prospective borrowers;
• Credit Scoring - this is an internally generated score based on a number of factors which may be customised by the user to take into account: age, occupation, homeowner, years employed, salary, and other outgoings.  This score may be used to decide whether to give the borrower all or part of the credit they seek
• Customer Relationship Management (CRM) - keep track of all diary appointments and customer enquiries, make appointments, recorded against individual customer records;
• BI Appraisal - evaluation and due diligence made easy with the enhanced appraisal system to generate a detailed and summary key financial ratios and analyses, PAR details and overall performance report - generated automatically and on demand;
• Connect-U - used for inter-branch or inter-institution transactions where the clients from one branch can do transactions in the other branches or the clients from one financial institution can transact in the offices of other financial institution.
• Insurance - calculate premiums for loan protection insurance, calculate commission on premiums, refunds on early loan clearance. Within Settings, Insurance the user can customize the different insurance products being offered.
• Internet Banking - online account enquiries by members/clients, loan application, statement of transactions, forms download, loan calculation and repayment schedules;
• Mobile Banking - individual account management from your mobile phone, transactions details;
• Mobile Collections - allows mobile Loan Officers and collection agents to make collections via their smartphone 
• Money Laundering Reporting - specially designed reporting tool to comply with anti-money-laundering (AML) regulations.  User defined reporting on a scheduled or ad hoc basis;
• Mobile Loan Officers - loan origination, collections, route planning, daily summary;
• Mobile Wallet - "contactless" payments via your cell phone - Near Field Communication (NFC);
• Multi-Currency - loan disbursement and collections in different currencies, savings and deposits in different currencies, devaluation calculation and application, teller options to convert deposits as they arrive;
• Multi-Lingual - allows different users to login to their language specific menu and screens. Presently in English, Spanish, Khmer, Bahasa, Chinese;
• Payments Switch - high performance and incredibly flexible EFT switch which enables financial institutions to connect to various financial payment networks.  Allows you to make loan issues or withdrawals electronically without the need for a paper cheque.  Direct transfer into the client's or member's account to save time, postage and any delays.  Includes bank transfers, salary lodgments directly to current account, local and international payments and remittances;
• SMS Text Banking - offering your customers balance and other alerts, transaction summaries and mini statements on their cell phone.