Solutions

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Core Banking

Finacle core banking solution is a comprehensive, integrated yet modular business solution that effectively addresses the strategic and day-to-day challenges faced by banks. It is highly parameterizable providing that much-needed flexibility to innovate and adapt to a dynamic environment.

The solution has an integrated CRM module enabling banks to offer a rich and differentiated value proposition to customers. The layered Service Oriented Architecture (SOA), STP capabilities, Web-enabled technology and 24X7 operations ensure multi-channel, multi-country and multi-currency implementations. The functionality-rich modules in the solution provide banks with a varied palette of features to continuously innovate on their product and service offerings. From the services innovation perspective, Finacle offers a comprehensive and unified customer repository with capabilities to educate and empower customers. With Finacle core banking solution, banks can meet the challenges of managing change, competition, compliance and customer demands effectively.


Key Modules

  • Enterprise Customer Information
  • Consumer Banking
  • Wealth Management
  • Corporate Banking
  • Trade Finance
  • Islamic Banking
  • Functional Services
  • Reusable Business Components
  • Accounting Backbone
  • Infrastructure

Business Benefits


Differentiated Product Spread

Finacle core banking solution offers an unlimited palette of features for banks to design and deploy products for varying market segments. The product bundling capabilities of the solution offer a wide range of possibilities for banks to create products with innovative features. The facilities provided for differential pricing, channel rules and customization through Finacle Studio – the scripting engine, empower banks to continuously innovate and extend their suite of products, across segments.


Agile Operations

The Service Oriented Architecture (SOA) enables the IT team at the bank to effect changes without touching the base code, ensuring lesser vendor dependency and faster adaptability to changing business conditions.


Robust Cross-sell Framework

The CIF and CRM capabilities in Finacle offer a unified view of the customer across the entire solution and across multiple back-end applications, enabling the bank to view the customer from a completely informed angle. This empowers banks to effectively manage customer relationships and aggressively explore cross-sell opportunities.


Increased Operational Efficiencies and Productivity

Finacle core banking solution supports business event automation and process orchestration, thus eliminating manual tasks and reducing process time. The elimination of error and data redundancies also results in increased branch productivity. Straight Through Processing (STP) abilities enhance reduction in turnaround and processing time, increasing output and enabling speedy completion of tasks.


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Success Story

Technology Led Excellence

Finacle’s unique Extensibility tool kit comprising Scripting Engine, Workflow, and Remote Application Interface provided the flexibility to ABN AMRO Bank, enabling it to easily and rapidly add new business rules, launch new products, and modify processes.
Related Information

FinacleConnect

Challenges of Core Banking Replacement
An interview with Rabo bank’s senior executive VP on the strategic role of technology.
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Press Releases

Finacle from Infosys positioned in Leaders Quadrant in Magic Quadrant for International Retail Core Banking 2008
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Finacle in News

Business Standard - Mumbai
Infosys, BBVA in strategic partnership
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Articles

Hit the Road Running: Pre-configured Banking Framework
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Corporate Loan Origination
Before the sanction of any credit product offering to a customer, an essential activity which banks need to undertake is appraisal and assessment. This paper highlights the system requirements banks need to consider for efficient loan origination process.
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