Thank you for the reply. W.r.t license yes, ofbiz is the best. As you
rightly said, BFSI has a long tradition and legacy which is very difficult
to manage. I wish all the very best to your endeavors.
Regards


On Thu, Nov 21, 2013 at 9:05 AM, Hans Bakker
<[email protected]>wrote:

> Thank you for your reply and the links provided. They sure can provide
> some inside requirements.
>
> OFBiz has the more liberal license than Mybanco where improvements do not
> have to be shared with the creators and the solid software development
> framework mybanco does not have. The last release was /23rd Jan, 2011 /so
> perhaps they need some competition?
>
> In the mean time we are now talking to 2 banks about using OFBiz for
> accounting and HR.
>
> However, this will be a long journey because banks have a long tradition
> which cannot be changed easily.
>
> If there are further developments, I let you know....
>
> Regards,
> Hans Bakker
> AntWebsystems.com
>
>
> On 11/11/2013 01:26 PM, Balasubramaniam Mohan wrote:
>
>> I have not done a core banking system but involved in a discovery phase
>> for
>> a Micro Finance Institution. IMHO, ofbiz will help only to the extent of
>> CRM, ERP (for purchases, administration of inventory, HR, etc). For the
>> core banking, as of now no open source alternative to my knowledge. I
>> would
>> like to share some info that i gathered in my last probe.
>>
>> Hope this helps.
>>
>> http://www.fina2.net/
>>
>> FINA is the state-of-the-art, Free (Open Source) information management
>> system for Financial and Fiscal Supervision Authorities to collect data,
>> store them in the database and generate different reports using very
>> flexible report designer tools.
>>
>> http://www.cyclos.org/
>>
>> The Cyclos platform permits institutions such as local banks and MFI`s to
>> offer banking services that can stimulate local trade and development.
>>
>> http://mifos.org/
>>
>> Microfinance Solution
>>
>> http://mybanco.org/index.html
>>
>> Core banking - basics
>>
>> Regards
>>
>>
>> On Sat, Nov 9, 2013 at 3:44 PM, Hans Bakker
>> <[email protected]>wrote:
>>
>>  Good day users of Apache OFBiz,
>>>
>>> It looks that the ledger segments for the large company i previous
>>> mentioned could be successful.
>>> ( https://issues.apache.org/jira/browse/OFBIZ-5282 )
>>>
>>> But now we got another very good development for OFBiz: we received a
>>> request for OFBiz training from a national bank.
>>>
>>> Anybody any experience in using OFBiz for banks? We can do large
>>> companies, but a bank, we did not do yet.
>>>
>>> Looking forward to people who did this or can help this to make this a
>>> successful project?
>>>
>>> Thank you
>>>
>>> Regards,
>>> Hans Bakker
>>>
>>> CEO antwebsystems.com
>>>
>>>
>

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