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Infosys launches new banking solution.

Infosys, a leading consulting, technology and outsourcing firm, has launched Finacle 11E, an advanced universal banking solution that simplifies banking transformation.

The latest release of the Finacle universal banking solution's components are expected to enhance the efficiency of a bank's operations, which improving customer experience across all channels, said a statement.

It builds on Finacle's success of delivering powerful benefits to global banks, including an annual rate of return of over 55 per cent on core banking transformation investments, it said.

It promises a simplified approach to banking transformation through its componentised structure making it easy to quickly target new customer segments, product factory capabilities empowering banks to create and deploy new products in weeks, its ready-made integration adaptors and compliance industry standards ensuring shorter deployment cycles and lower total project costs.

The solution also features a multichannel framework, offers and catalog, liquidity management, loan origination, and dashboards.

Haragopal M, global head - Finacle, said: "Complexity of business operations and need for technology modernisation are among the biggest hurdles to accelerate growth today. Leveraging the componentised nature of Finacle 11E, banks can choose to deploy a solution in phases based on business priorities. This ensures simplified transformation journey and faster realisation of modernisation benefits." - TradeArabia News Service

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Publication:TradeArabia (Manama, Bahrain)
Date:Sep 19, 2013
Words:228
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