Bangalore, December 18, 2012
Infosys today announced that Finacle™, the universal banking solution, has been ranked as a long-term leader in The Forrester Wave™: Global Banking Platforms, Q4 2012, published by Forrester Research, Inc. Vendor offerings were evaluated on 62 key parameters for banking platforms under the categories of Current Offerings, Strategy and Market presence. Infosys Finacle™ scored highest in the categories of multichannel enablement and implementation and development resources.
In The Forrester Wave™ report, Jost Hoppermann, Vice President, Principal Analyst, wrote – "Infosys is one of the long-term Leaders. Infosys Finacle™ banking platform offers strong, close to very strong, overall functionality. The product base is very broad, and business capabilities are very strong. The product configurator is strong across comprehensiveness, pricing, bundling, and commissions. The ability to enable multichannel support is strong, with a high number of directly supported channels. Platform agility is strong based on sound, close to strong, application architecture and strong support of development and integration."
Haragopal M, Global Head – Finacle™, Infosys said, "Banks today are faced with several demands like catering to changing customer dynamics and managing multiple banking channels; they also have to constantly look for ways to tap into new markets while adhering to tough regulatory requirements. Finacle™'s technology-led innovations not only enable banks to run their business effectively but also lay a strong foundation that will help transform their banks for tomorrow. We believe The Forrester Wave™: Global Banking Platforms study reaffirms our position as a partner of choice for banks globally."
Infosys Finacle™ partners with banks to transform process, product and customer experience, arming them with a host of innovations. Today it is the banking solution of choice for 165 banks across 80 countries and serves more than 350 million customers efficiently.
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Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2012 and on Form 6-K for the quarters ended December 31, 2011, June 30, 2012 and September 30, 2012.These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company.
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