BDFCL also acquired Ascend Bankingâs Treasury Management Module to allow its Treasury Department to manage its liquidity and funding more efficiently. Mobile Banking Module, Internet Banking Module, Remittance Module, and Treasury Management Module were installed as additional modules when the bank decided to upgrade Southtech Ascend Banking from Version 3.3 to Version 5.4 upon becoming a full-fledged bank last year.
Southtech Ascend Banking is an award winning solution suitable for large MFIs, MFBs, NBFIs, and retail banks. Many of modules can be run independently and can be interfaced with other world-renowned banking solutions.
Southtech Limited is a CMMI Level 3 assessed software house and a Gold Certified Partner of Microsoft and a Gold Partner of Oracle.
BDFCL was incorporated by the Royal Charter, in January 1988 and now functions as a domestic bank. BDFCL is the only bank that gives focus to the rural farmers and provides nationwide seasonal, small and medium-term loans to the countryâs small farmers. More recently, it also commenced providing term finance and working capital for industrial and agro-based ventures.