Product Profile

Finacle Core Banking

Infosys Finacle

First Release Date: 01.09.1999

Current Version: N/A

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Language Support:

United KingdomFranceGermanyIndiaJapanUnited Arab EmiratesItalySpainRussiaChinaTurkey

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Product/Service Description

Finacle is the industry-leading universal banking solution from EdgeVerve Systems. The solution helps financial institutions develop deeper connections with stakeholders, power continuous innovation and accelerate growth in the digital world.Over the past 25 years, the solution has been helping financial institutions develop deeper connections with stakeholders, power continuous innovation and accelerate growth in the digital world. Today, Finacle is the choice of banks across 94 countries and serves over 848 million customers – estimated to be nearly 16.5 percent of the world’s adult banked population.Finacle solutions address the core banking, e-banking, mobile banking, CRM, payments, treasury, origination, liquidity management, Islamic banking, wealth management, and analytics needs of financial institutions worldwide. Assessment of the top 1000 world banks reveals that banks powered by Finacle enjoy 50 percent higher returns on assets, 30 percent higher returns on capital, and 8.1 percent points lesser costs to income than others.

Customer Overview

Total Number of customers 431 live core banking customers globally

Customer Size Large Enterprise , Medium

Customer Type Commercial Banks , Corporates , IT Integrators

Target Market Africa , Asia , Australia/New Zealand , Europe , Global , North America , South America

Specific georgaphical coverage undisclosed

Pricing Model N/A

Demo & Case Study Urls N/A

Features

A comprehensive, integrated yet modular agile business solution
Addresses all the core needs of the bank, in easy-to-configure modules
Multi entity capabilities to support multiple legal entities, across various geographies, currencies and time zones on a single instance of application
Easy to configure modules and components

Benefits

Comprehensive coverage so that you can enter into new business segments confidently
Proven technology, which is consistently rated as best-in-class by leading industry analysts
Enterprise-class components to create operational hubs across business units to enhance the agility and efficiency of the operations as well as improve customer experience across channels
Built-in global best practices repository and rich repository of processes
Product factory and product bundling infrastructure for business users to accelerate new product creation
360-degree view of customers across global relationships
Powerful customer analytics driving right-sell opportunities and personalized offerings
Cloud-ready platform to enhance infrastructure costs
Reduced time to compliance with real-time view across enterprise data
Ready-made integration adaptors and compliance to industry standards reduce your integration costs and enable enhanced STP (straight-through processing)

Platform & Workflow

Server OS AIX (IBM) , HP-UX (Hewiett-Packard) , Linux (Red Hat, Mandrake, Debian, SuSe, etc.) , Solaris (Sun Microsystems) , UNIX NetWare (Novell)

Workstation OS Windows , Unix , Linux

Programming Language and API JEE, C/C++

SetUp and Installation Options Installation through Finacle Deployment Manager

Deployment Period undisclosed

Reporting Capabilities Yes, reporting capabilities is inbuilt through JASPER infrastucture

Security Options Finacle provides Single Sign On module uding JAAS. Multi Factor authenciation/ external authentication can be integrated through third party. The solution provides a comprehensive security module for user and role profile administration.

The product/service compliant with the following regulatory standards undisclosed