A new entry has been added to the news database.
Database Admin: http://www.postgresql.org/admin/edit_news.php?231
Submitted by: info@ossics.com
Headline: PostgreSQL for Co-operative banks in Keralam a southern state of India
Summary:
SANGHAMITHRA is a Co-operative Banking Application Software developed by Open Software Solutions Industrial
Co-operativeSociety in Kochi, Keralam, India. It is a GPL\'d application for software GNU/LINUX with PostgreSQL.
Story:
Sanghamitra is a new generation information technology tool to assist primary and urban co-operative banks and
co-operativecredit societies. Sanghamitra is a service rendered by Open Software Solutions industrial Co-operative
societyLtd, Ernakulam.
Our co-operative banks and societies need to use proper, innovative and cost effective information tools to survive.
Unlessproper Asset/Liability Management tools (ALM) are used to manage the activities of our co-operative banks, they
willbe history in future. Co-operative sector can become the backbone financial network in any state if information
technologyis properly harnessed. Sanghamitra is an effort in this direction and is managed by competent professionals.
Human effort is currently being used in the backend book management functions of a co-operative financial institution.
Peopleare putting in lot of efforts to collect and collate data where very few information can be arrived at from the
rawdata. Sanghamitra is an effort to convert all your data to valuable information.
Open Software Industrial Co-operative Society Ltd (OSS) is the first software development industrial venture in the
co-operativesector. They develop all their products on GPL platforms such as GNU/LINUX and PostgreSQL because the much
needed re-engineering and financial buoyancy that can be provided on usage of GPL\'d software.
OSS have a vision of Co-operative Banking Sector in Keralam appropriating Information Technology for expanding its
horizonsof operations to new services in the near future.
Sanghamithra is now running successfull in more than 25 co-operative financial institutions in Keralam. First
implementationof Sanghamitra at P&T Employees Co-operative Society having more than 6000 members is running for more
thanfour years with full satisfication to all concerned.
For more information visit www.ossics.com