Ocean Software Technologies Announces Launch of Next-Generation Banking Software Built on Python, Django 6.2 and PostgreSQL
Nagpur, Maharashtra, India, 5 January 2027: Ocean Software Technologies, Nagpur, today announces the launch of its new core banking software for financial institutions. The platform is built on Python, Django 6.2 and PostgreSQL.
The software is designed for:
- Credit Unions
- SACCOs
- Credit Co-operative Societies
- Banks
- NBFCs
- Loan Companies
- Gold Loan Companies
Key Highlights
- Modern technology stack: Python, Django 6.2 and PostgreSQL deliver a secure, scalable and maintainable platform.
- Complete core banking: Member and customer management, savings and deposits, loans, gold loans, accounting and reporting in one system.
- Web-based access: Operate from branch, head office or remote locations through a browser.
- Reliable and auditable: PostgreSQL ensures data integrity, transaction safety and strong audit trails.
- Built for diverse institutions: Flexible configuration for different institution types, products and regulatory requirements.
About the Launch
"With over 15 years of experience serving cooperative societies, NBFCs and Nidhi companies, we built this platform on a modern open-source foundation to give financial institutions a faster, safer and more affordable way to run their operations," said Yogesh A. Kedar, Proprietor, Ocean Software Technologies.
The software launches on 5 January 2027. Institutions interested in a demo, pricing or migration from their existing system can get in touch with the team now.
