OpenCBS

OpenCBS is a cloud core banking system for financial institutions, sold alongside two companion products that can be deployed with it or independently: a loan origination solution and a tablet application for field work. The independence is the notable architectural decision. Both companion products integrate with OpenCBS but can also interface with third-party core banking systems, so an institution already committed to another core can still adopt the origination or field tools without replacing everything.

OpenCBS Cloud is described as built around the needs of people and taking complexity out of banking, with specific claims worth testing in a demo: launching a product in minutes, applying new KYC fields immediately, and obtaining a 360-degree view of customers. Product launch speed is the one that matters commercially. Microfinance institutions compete by tailoring loan products to particular livelihoods and seasons, and a core system where a new product requires a vendor change request slows the institution to the vendor's release cycle.

The loan origination solution digitises the full application and approval process, customisable to any workflow, with optional integration to credit bureau checks and anti money laundering blacklists. Document upload and task management with alerts are included. Credit bureau integration at origination is increasingly a regulatory expectation rather than a competitive feature in most markets.

The tablet application performs eKYC, account opening and loan appraisal in the field, and is used on site by loan officers for loan monitoring, delinquency management and repayment collection. Delinquency management specifically at the tablet level is the right placement, since the officer standing in front of a late borrower is the person who can act on the information.

The vendor publishes a clients map, software vendor partnerships, tutorials, and separate service lines for software as a service, customisation, project management, support and community. Pricing is not published.