Solutions
Gold Rush: The Shift Towards Wealth Management in Banking
The emergence of the “private banking” & “wealth management” segments in banking, which took seed in the late 90s, has since attained huge proportions.Download
Wealth Management Boom Time in 2008
The core drivers for wealth creation including , use of technology, changing demographics, creative finance, rule of law and immigration and trade are likely to ensure that the wealth management business continues to.Download
Wealth Management and the Retail Strategy – an APAC Perspective
There is a new segment of customers present in the market that is already sizable and growing at above-average rate. These customers are the “middle class millionaires”…Download
Financial Planning Services – A Boon for Banks
The demand for advisory services from retail banking customers is steadily on the rise, owing to increasing market transparency.Download
China: The Wealth Management Agenda
China is the second largest wealth management market in Asia. However, the wealth management market in China remains in its infancy, but it can be expected to evolve rapidly...Download
Wealth Management
Finacle wealth management solution is a modular, fully scalable, integrated core banking and investment management system designed for the specific needs of retail and private banks. It offers a unique combination of an extensive portfolio of functions with impressive flexibility that enables end-to-end processing of investment products from diverse asset classes including structured deposits, structured notes, equities, mutual funds and insurance.
Financial institutions can leverage the solution’s rule-based definitions to launch new products - such as dual currency deposits, principal protected deposits, and range accrual deposits - with a distinct time-to-market advantage. Integrated with Finacle core banking and CRM solutions, the wealth management solution ensures unique customer definition, a single, unified view of the customer’s portfolio across asset classes and seamless flow of transactions. This helps banks capitalize on their customer base to create additional revenue streams, by offering HNWI and the mass affluent extended products and services.
Key Modules
- Structured Products
- Mutual Funds
- Equities
- Insurance
Business Benefits
Leverage the HNWI Opportunity
Finacle wealth management solution enables financial institutions to derive rich integrated insights about the HNWI client’s investment portfolio. Sophisticated analytics, relevant financial planning and asset allocation tools can be deployed, to leverage the opportunities presented by hot listed clients to explore prospects for cross-selling and fee-based personalized advice.
Ease of Enhancing Product Portfolio
The user-friendly solution provides never-before flexibility to tailor solutions and create new product flavors for emerging customer segments. It enables business users at the bank to add innovative functionalities and features to their offerings, without changing the source code of the application. The solution also interfaces seamlessly with satellite and specialized systems, easily supporting faster roll out of new products at the bank.
Higher Operational Efficiency
Finacle wealth management solution provides complete Straight
Through Processing (STP) and is fortified with a powerful
integration framework to interface with the bank’s
core banking solution and external data sources. This plays
a crucial role in minimizing operational delays and ensuring
seamless transaction flows at the bank.
Every financial operation is processed identically. Execution
either ensures a successful update of all related data or a
complete rollback in case of a technical problem. Consistency
and reliability are guaranteed. Fully integrated and component -
based, the solution also ensures consistency of data.
Access rights are rigorously managed, every transaction request
is checked and systematic records are maintained as audit trails,
ensuring robust security. The solution allows users belonging to
different legal entities to work on a single system and database.
This directly results in significantly lower implementation costs
and ease of centralized reporting for the bank.
Lower TCO
The solution allows users, belonging to different legal entities, to work on a single system and database. This directly results in significantly lower implementation costs and ease of centralized reporting for the bank.
Solutions
AdvizorWe’ve got what you want
Success Story
Exploiting Technology to Streamline Asset Management
Finacle treasury solution proved the best-fit resolution to manage bonds, notes issue, interest rate swaps, spread tickets, cash tickets, futures, FX, cross currency swaps and repos for ECM.
Enhancing Productivity
Finacle offers comprehensive and integrated front-to-back office treasury functionality at Credit Suisse, where it supports over 800 users globally, across various functional areas such as foreign exchange, money markets , derivatives and securities.
FinacleConnect
Wealth Management: The SymphonyTune in to the wealth management symphony and listen up. It does not take long to figure out that the notes do not sound quite right - there seems to be a discordant note that’s hard to miss. Market dynamics, ever-evolving client requirements…
Download | Read
Event
Infosys at the FST Media’s 4th Annual Technology & Innovation conferenceRead
Press Releases
Finacle from Infosys Fortifies Treasury Operations at HPB, CroatiaRead
Finacle in News
Business Standard - MumbaiInfosys, BBVA in strategic partnership
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Articles
Wealth Management: The New Revenue Frontier for BanksDownload
China: The Wealth Management Agenda
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Testimonial
“We were looking for a flexible solution proven in the retail banking market, and Finacle emerged as our first choice after a comprehensive selection process…"- Nemeh Sabbagh,
Managing Director,
Arab National Bank, Saudi Arabia
