FinTrak empowers banks to drive business strategy with PI-360

Generating performance reports for internal and external stakeholders is a resource-intensive and time-consuming engagement for most financial institutions in Nigeria.

In view of this, FinTrak Software, an indigenous Nigerian Enterprise Solution Provider is set to unveil FinTrak PI-360. PI-360 is a subset of FinTrak Banking System specifically addressing Enterprise Performance Management and IFRS based Financial Reporting.

With PI-360, banks are able to better appraise performance of their business units, branches, customers, accounts, individual staff and other strategic business objects and thus able to drive operational efficiency and reduce operating costs to barest minimum.

“This software will revolutionize Enterprise Performance, Financial and Risk Management reporting in the financial services industry in Africa and the world at large. The solution removes all impediments all processes leading to timely generation of regulatory/internal reports. The platform offers dynamic dashboard, ad-hoc reporting, integrated data for extensive data mining and analysis,” said Ladi Ipaye, FinTrak’s Business Development Executive.

PI-360 exposes users to analytical interface that enables users to access awide scope of predefined information that supports important management decision, such as: Optimized daily Management Profitability Reporting (MPR), Customer Profitability Reporting (CPR), Product Profitability Reporting (PPR) and Accounts Profitability Reporting (APR) with integrated Budget, advanced transfer pricing definitions, daily IFRS Based reports and schedules and the ability for users to control cost elements without sacrificing revenue.

FinTrak Software is a global ICT organization based in Nigeria, known for providing technology and business solutions to mainly commercial banks, mortgage banks across Africa.

FinTrak Software has product presence in many African countries such as Nigeria, Benin, Togo, Cote D’Ivorie, Gambia, Sierra Leone, Ghana, Senegal, Rwanda, Congo, and Zambia operating from its business offices in Nigeria, Ghana, Gambia and Kenya. FinTrak Software has partnership agreements with renowned OEMs such as Oracle and Microsoft.