Finacle
 | This article needs additional citations for verification. (August 2009) |
| Finacle from infosys | |
| Original author(s) | Infosys |
|---|---|
| Developer(s) | infosys |
| Initial release | 1999 |
| Stable release | 3.06
/ January 11, 2009 |
| Written in | Java |
| Operating system | Cross-platform |
| Type | Banking and financial suite |
| License | Q Public License |
| Website | http://www.infosys.com/finacle/ |
Finacle universal banking products are designed to address the core banking, e-banking, Islamic banking, treasury, wealth management and CRM requirements of retail, corporate and universal banks. It was developed by Infosys, and is one of the major player in the arena of core banking in Indian and Asian banking domains. [1]. CA. T.V. Mohandas Pai was closly associated with it.
Products
Finacle products address the following requirements of retail, corporate and universal banks worldwide.
- Advizor
- Alerts
- Core banking
- Core banking for RRBs
- CRM
- Customer Analytics
- Customer eXPerience
- Direct banking
- e-banking
- Finanz tools
- FiBEE
- Inclusion
- Islamic banking
- Mobile banking
- m-Commerce
- Operational Data Store
- Treasury
- Finacle WatchWiz
- Wealth management
Services
As is typical in such huge software implementations. Services provided by Infosys for the maintenance of the application include.
- Application development and maintenance
- Application management
- Independent validation
- Migration services
- Performance tuning
- Software performance engineering
- System integration
- Value mining
Awards
- Judges’ Special Achievement Award : Banking Technology Awards 2008
- ‘Highly Commended’ in the ‘Best Core Banking Product’ category for the Banking Technology Readers’ Choice Award : Banking Technology Awards 2008
- CII - EXIM Bank Award For Business Excellence 2008
- Asian Banker award for best core banking implementation - 2008
- Asian Bankers 2007 IT Implementation awards
- Commended in the Back-office Retail Banking Project category by the Banker Technology Awards 2007
- Asian Bankers Awards 2006 for large and mid size core banking implementations
- Winner in CRm Category - The Banker Technology Awards 2005
Recognitions
- Positioned in the Leaders Quadrant in the Gartner Magic Quadrant for International Retail Core Banking Solution - 2010
- Positioned in the Leaders Quadrant in the Gartner Magic Quadrant for International Retail Core Banking Solution - 2009
- Leader in the January 2009 report, “The Forrester Wave: Global Banking Platforms, Q1 2009”
- Positioned in the Leaders Quadrant in the Gartner Magic Quadrant for International Retail Core Banking Solution - 2008
- Positioned in the Leaders Quadrant in the Gartner Magic Quadrant for International Retail Core Banking Solution - 2006
- Finacle from Infosys emerges as a leader in retail banking platform study
Marquee Client List
- ABN Amro
- ANZ Bank
- Arab National Bank
- BBVA
- The Co-operative Financial Services(CFS), UK
- Credit Suisse
- Emirates NBD
- ICICI Bank
- Mizuho Financial Group
- Zurich Financial Services
- Karnataka Bank
- Uralsib, Russia
- South Indian Bank
- IDBI Bank
- Punjab National Bank
- RAK Bank, Dubai
- Bank of Alexandria, Egypt
- Bank of Baroda
- Federal Bank
- Andhra Bank
- Dena Bank
- Bank of India
- Uco Bank
- United Bank Of India
- Union Bank Of India
- Vijaya Bank
- Axis Bank
- Union Bank, USA
- Oriental Bank of Commerce
- BRAC Bank, Bangladesh
- Hatton National Bank, Sri Lanka
- Sampath Bank, Sri Lanka
- Societe Generale, China
- Mifel, Mexico
- DBS Bank
- Chinatrust Commercial Bank
- Bancolombia.
- State Bank Of India
- Tamilnad Mercantile Bank
External links
Contenders
- T24 from Temenos Group AG
- flexcube from oracle corp.
- Delta Bank from Delta Informatique.
- TCS Bancs from TCS
- SAP Banking Services from SAP AG