Subscribe

0

  • Sign in with Email

By clicking the button, I accept the Terms of Use of the service and its Privacy Policy, as well as consent to the processing of personal data.

Don’t have an account? Signup

  • Bookmarks
  • My Profile
  • Log Out
  • NEWS
  • LEADERSHIP INSIGHTS
    • Interview
    • Opinion
    • Editors Blog
    • Features
    • DQ40YEARS
  • BUSINESS TECHNOLOGIES
  • DATA & AI
  • ESDM
  • UPSKILLING
  • BUSINESS SOLUTIONS
  • MORE
    • Annuals
    • Reviews
    • DQDEEPTECH
    • Events
    • Tech4Growth
    • DQConclave
    • TechSchools
  • Magazine
ad_close_btn
  • News
  • Business Technologies
  • DQDeepTech
  • Annuals
  • Events
  • Business Solutions
  • Interview
  • Module
  • Editors Blog
  • Opinion

Powered by :

You have successfully subscribed the newsletter.
News Features

Infosys launches Finacle's new banking solution 11E

author-image
DQI Bureau
19 Sep 2013 06:35 IST

Follow Us

New Update

In a banking landscape marred by complexity, it is the simplest that will survive. A recent research conducted by Infosys and EFMA (European Financial Management Association) on banking innovations highlighted that only 35% of banks have a real-time single view of customer products and transactions, and merely 21% of banks provide some form of product personalization to their customers. The common reason for this struggle is complexity in banking operations and technology. Complexity has emerged as one of the biggest impediment to respond effectively to market demands.

Advertisment

To accelerate growth and profitability, simplifying banking is the need of the hour. Finacle 11E - the latest version of Finacle universal banking solution help banks do that. Infosys has announced the launch of Finacle 11E, an advanced universal banking solution. The solution's componentized approach helps banks of all sizes rapidly modernize their operations in a phased manner, while minimizing risk. Its enterprise-class components are expected to enhance the efficiency of a bank's operations, while improving customer experience across all channels.

Haragopal M, Global Head - Finacle, Infosys, states in a press release, "Complexity of business operations and need for technology modernization are amongst the biggest hurdles to accelerate growth today. Leveraging the componentized nature of Finacle 11E, banks can choose to deploy a solution in phases based on business priorities. This ensures simplified transformation journey and faster realization of modernization benefits."

Finacle 11E's benefits include an annual rate of return of over 55 percent on core banking transformation investments, a statment issued by Infosys states. It also facilitates the launch of new products and services faster - Finacle clients have experienced an average improvement of 33 percent in their time to market.

Subscribe to our Newsletter! Be the first to get exclusive offers and the latest news
logo

Related Articles
Read the Next Article
Latest Stories
Subscribe to our Newsletter! Be the first to get exclusive offers and the latest news

Latest Stories
Latest Stories
    Powered by


    Subscribe to our Newsletter!




    Powered by
    Select Language
    English

    Share this article

    If you liked this article share it with your friends.
    they will thank you later

    Facebook
    Twitter
    Whatsapp

    Copied!