Afropack Financial Enterprise Manager, v. 2,01 (Afrosoft Corporation)
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Released: 11 Apr 2001
The Financial Enterprise Manager (FEM) is a world class quality multi purpose suite of financial software applications targeted specifically at banking institutions. The system is – robust, highly secure, scalable and customisable to enable all types and sizes of banking institutions to service their clients in the most flexible manner.
Product Summary
Product Name
Afropack Financial Enterprise Manager
Product Version
2,01
Release Date
11 Apr 2001
Product Overview
The Financial Enterprise Manager (FEM) is a world class quality multi purpose suite of financial software applications targeted specifically at banking institutions. The system is – robust, highly secure, scalable and customisable to enable all types and sizes of banking institutions to service their clients in the most flexible manner.
Historical Version Information
The system as a whole is in its second version but each individual module can stand as a standalone system and as such may have diffierent versioning
Product Description
The Financial Enterprise Manager (FEM) is a world class quality multi purpose suite of financial software applications targeted specifically at banking institutions. The system is – robust, highly secure, scalable and customisable to enable all types and sizes of banking institutions to service their clients in the most flexible manner.
The system is function specific and product driven allowing the organisation to build a package around the business function, scope and scale of operation. Design and architect of the system is modular and parameter driven making it easy to define the product and processing procedures.
The system is designed to automate the functions of institutions that operate in the areas of Retail Banking, Investment Management, Lending and Loan Management as well as Corporate and Merchant Banking. Design of the system is broad based, inclusive and futuristic.
The Financial Enterprise Manager (FEM) comprises of the following modules:
* Retail Bank Manager
* Credit Union Bank Manager
* Investments Bank Manager
* Lending Bank Manager
This software suite can be applied to several business models, streamling the management of multiple departments within an organisation. As are all Afrosoft products the complete suite is fully customisable to the clients requirements.
Barclays Bank of Zimbabwe
FBC Building Society
Zimbabwe Teachers Association Credit Union
Zimbabwe Manpower Development Fund
Beverly Building Society
African Banking Corporation
Premier Merchant Bank
Purpose Asset Managemnt
Datvest Asset Managent
First Mutual Life
Premier Financial Services
Location of technical support
Sub-Saharan Africa
Number of technical support staff
8
Technical Support Modes
e-mail, Phone, ftp, in-person
Technical Support Languages
English
Number of installations per month
1
User Group
No
Training Options
Training is carried out in a class room environment as well as through Interractive Demos
User Resources
Online Help, User Manual, Training Manual, Training Database
Afrosoft Enterprises Limited trading as Afrosoft Corporation Limited (ACL) is the largest software engineering company in Zimbabwe and is among the largest developers in Africa with international quality products in Financial Services and Commercial Sectors.
Founded
Company was founded by a consortium of technologists from the financial services sector in 1999 as a research project.
Afrosoft was initially started as a research project in 1999 looking into the feasibility of developing local software solutions for the financial services sector.
In 2000, this vision was transformed into reality when the first mortgage and savings bank packages were officially launched in Zimbabwe. This was to be followed in early 2001 by several products in both commercial and specialized banking field which also created numerous opportunities for the expansion of the development of investments lending and commercial packages.
Research and development in corporate financial management solutions has already begun with a number of products already available.
Afrosoft has now entered the race for Offshore Software Development as its strategic focus moving into the future but remains the only feasible local solutions provider in the region in the area of banking, investments, pension administration, micro finance, human resources, fleet management and local authority administration packages etc.
Afrosoft sells technological capability being the ability to provide a solution to specific client specifications. Therefore most of our projects in the country lately are with large quasi govenrment institutions looking for specific enterprise delivery systems.
Corporate profile document is available in word and pdf.
Afrosoft employes 46 highly qualified staff in both technical and business disciplines. No project is beyond our reach.
Legal status
Limited Liability Company
Year company was formed
1999
Public
No
Are financial statements public?
No
Major Activity
Major activity of Afrosoft is research and development of software technology solutions with emphasis on Offshore Software Development for regional and international clients.
Afrosoft is the only feasible regional outfit with tried and tested solutions in a number of business disciplines suitable for both developing and developed business environments. Our suite of banking, investment, microfinance and wholesale lending syetems is among the best in the region.
All products are web enabled.
Approximate Microfinance Revenues as a Percentage of Total
