Gradatim's MF Resolve Ranked as India's Best Micro Finance Platform

ING -Oikocredit Study ranks MF Resolve as the Best in India ~

New Delhi, Delhi, IND, 2008-06-30 16:51:32 (IndiaPRwire.com)
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Company Profile

Gradatim IT Ventures’s MF Resolve, one of its leading platforms for the Micro-Finance industry, has been ranked as the best in India, by the recent report issued by ING–Oikocredit. This study was undertaken to assist MFIs in India to determine their need for IT support, specifically their requirements towards MIS and to make an inventory on the MIS software available in the market.

Speaking on the occasion Mr. C.V. Prakash, CEO of Gradatim, “We are extremely glad that Gradatim’s MF Resolve has been ranked as the country’s best Micro Finance Platform. The study’s conclusion is that Application Service Provider (ASP) product type is the most preferred solution model for MFIs in India. And this ranking only validates MF Resolve’s position as the complete solution provider. In light of the tremendous growth in the microfinance sector, there is a need for well developed Technology Platforms and we at Gradatim are constantly striving to achieve this.”

MF Resolve is an On-Demand Technology Platform from Gradatim for Microfinance business. It is delivered as Utility on a Pay-Per-Use Pricing Model. To an MFI, Bank or NBFC, it guarantees availability of software, right level of application performance and secure IT infrastructure for microfinance transactions.

“MFResolve technology platform encapsulates industry best practices and covers all key functions of an MFI. It helps Microfinance institutions to operationalize their business goals while retaining control over the processes. This study by ING-Oikocredit included all the MIS solution providers operating in the sector. Aspects such as financial and operational performances, deliverable capabilities etc have been taken into consideration while evaluating each product and the company. MFResolve has successfully met all the criterions ", said Mr. K.L.Balasubramanian – Director – Business Development.

The MFResolve platform is web based and user friendly with a flexible component design. It imbibes workflow and document management capability with automated data entry system. Multiple user support, multitenant on demand utility and database integrity are some of the other important features of MFResolve. Processes like loan management and customer tracking and reporting in MFI’s can be made more efficient by leveraging the MFResolve.

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About Gradatim

Established in early 2007, Gradatim is a privately held IT company with operations in India, Australia & Singapore. Robust industry strength technology platforms are the underpinning of Gradatim's delivery model. These platforms, built using principles of SOA, encapsulate business functions into well defined modules. These modules can be customized in quick time for a customer. In addition, Gradatim can run business processes on behalf of the customer owing to its ability to provide infrastructure management services. This makes Gradatim capable of managing parts of customer’s business in an efficient and cost effective manner. Gradatim delivers business Utility Services using a Hosted technology model. Solutions are built from ground up on Service-oriented Architecture, utilizing a common set of code and data definitions consumed by customers in a one-to-many model. Gradatim's ESP services are specific to offering business expertise rather than pure-process expertise - combining deeper understanding of the targeted business process

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