It major Infosys on Wednesday announced the launch of Finacle, version 10. The new version is expected to enable banks to transform their multi-country operations through a standard platform and processes.
A set of over 5000 parameters and an enhanced scripting studio will deliver rapid product innovation. The new version brings with it a whole new set of offerings, including Islamic banking, wealth management, and a mobile banking solution.
The latest version is a highly advanced system that has been built with an investment of over 240,000 person days.
TV Mohandas Pai, member of the board, Infosys Technologies Ltd said,
?Finacle is core to our growth strategy. We have invested over $60 million in the last three years to build a state-of-the-art banking solution.?
With Finacle 10, Infosys is geared up to address the key challenges of banking transformation. A technically strong solution with SOA, BPEL-enabled workflow and advanced security and compliance framework, delivers significant improvement in productivity and greater readiness to manage security and regulatory challenges.
?With its powerful multi-country infrastructure and transformational capabilities, Finacle, version 10, delivers increased productivity, rapid innovation, and helps in meeting diverse customer demands.
Seven Tier-I and Tier-II banks from around the world have already reposed their trust on Finacle, version 10 to power their domestic and international operations,? said Haragopal M, Business Head of Finacle.