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 |
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 <[hidden email]>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 > |
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 > <[hidden email]>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 >> |
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 <[hidden email]>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 >> <[hidden email]>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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