Finacle

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Finacle
Finacle from Infosys
Original author(s) Infosys
Developer(s) Infosys
Initial release 1999 (1999)
Stable release 10.2.09 / November 1, 2011; 3 years ago (2011-11-01)
Development status Active
Written in Java, C/C++
Operating system Cross-platform
Type Banking software
License Commercial
Website www.infosys.com/finacle

Finacle is a core banking software package developed by Indian technology corporation Infosys.

It is used by multiple banks across several countries, it can handle multi-currency transactions.[1] Several major customers of Finacle include Nadra Bank of Ukraine, ICICI Bank of India and Al Hilal Bank of the United Arab Emirates.[2][3]

In 2011, Finacle was set to enter the United States market via a deal with Union Bank N.A. of California, reported at a value of US$20 million. The deal was however called off by the bank in the same year.[4]


References[edit]

  1. ^ "Infosys offering Finacle to more Indian banks". Mumbai. The Economic Times. 25 April 2011. Retrieved Jul 2, 2014. 
  2. ^ "Ukraine bank selects Infosys’ Finacle solution". Bangalore. The Hindu. 11 September 2011. Retrieved Jul 2, 2014. 
  3. ^ "Al Hilal Bank implements Infosys' Finacle solution". Bangalore. The Hindu. 29 May 2009. Retrieved Jul 5, 2014. 
  4. ^ Das, Goutam (23 July 2011). "US bank cancels Infosys $20-m Finacle contract". Bangalore. Financial Express. Retrieved Jul 5, 2014. 

External links[edit]