Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Averoic is a no-code platform designed for executing governed and audit-ready business processes, serving as a quicker and more flexible option compared to traditional ERP systems and the use of spreadsheets and emails for operations. Users can easily set up complex workflows and approval systems (featuring maker-checker processes with authority limits), as well as manage forms, data collection, dashboards, and reports, all while implementing attribute-based access control that defaults to denying access and ensuring a complete, time-stamped audit trail—resulting in a fully configured system that can be operational in just weeks. The platform offers pre-built templates for various functions, including loan origination, governance for credit and investment committees, insurance claims processing, procure-to-pay cycles, vendor onboarding, finance postings, and payroll management. It boasts seamless integration through REST APIs, various channels, and robust service tasks, incorporating features for document generation and real-time notifications. With an AI assistant that can create apps, forms, and workflows using straightforward language, Averoic also ensures per-tenant isolation and data residency options on AWS, in the cloud or in a dedicated environment in your region (on-premise available on request for enterprise deployments). Currently deployed at UTI Alternatives, Averoic has achieved up to 60% faster time-to-market for launching new lending processes, demonstrating its efficiency and effectiveness in streamlining business operations. This enables organizations to stay agile and responsive in a rapidly changing market.
Description
White-Label Banking offers a versatile banking solution tailored for licensed financial entities, such as neobanks, digital banks, entities holding EMI and MSB licenses, as well as crypto and fiat initiatives. This platform integrates a fundamental banking system with a customized online banking interface for users, along with an integration layer that links the interface and core banking functions to external payment providers and networks. Key features for customers encompass onboarding processes, account management, balance checks, statement access, payment creation and tracking, data exports, customizable templates, and enhanced security through two-factor authentication. Additionally, the platform facilitates KYC/KYB workflows via Sumsub, enforces four-eyes (maker-checker) approval mechanisms, and provides tools for team oversight. Institutions maintain ownership of their licenses and branding, while Vertex Group delivers the software, offering the flexibility to modify user flows and integrate further providers, payment pathways, and product offerings both during the initial rollout and after the platform goes live. It is important to note that Vertex Group does not handle banking licenses or offer regulatory compliance services to its clients.
API Access
Has API
Yes
API Access
Has API
Yes
Integrations
Sumsub
No
Pricing Details
$20 per user per month
Free: $0, no time limit (1 application, up to 3 users, workflow, forms and audit trail, community support). Growth: early-adopter price $20 per user per month, locked while the subscription stays active, for our first 50 customers (billed annually; list price $29). Unlimited applications, live dashboards, support, self-service configuration. Enterprise: custom pricing (advanced access control, channels and integrations, SLA monitoring, custom domain and branded login, data residency in your region).
Free Trial
Yes
Free Version
Yes
Pricing Details
Contact for pricing
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Averoic Digital Group
Founded
2026
Country
Ghaziabad, Delhi NCR, India
Website
averoic.com
Vendor Details
Company Name
Vertex Group
Founded
2023
Country
Cyprus
Website
vertexgroup.tech/white-label-banking/
Product Features
Business Process Management
Access Controls / Permissions
Yes
Alerts / Notifications
Yes
Business Process Automation
Yes
Business Rules Management
Yes
Collaboration
No
Process Change Tracking
Yes
Process Mapping
Yes
Process Modeling & Design
Yes
Visual Workflow Management
Yes