Bank One Mauritius Powers its Treasury Operations with Infosys Finacle

Bangalore, India; Mauritius – November 11, 2013

Bank One, one of the leading banks in Mauritius, announced the successful implementation of the Infosys Finacle Treasury solution. With Finacle, the bank’s treasury operations’ back office processes are now automated, significantly improving its operational efficiency and reducing manual effort. Importantly, the solution opens up new opportunities of commission revenue for Bank One, by empowering users to diversify their investments in various treasury products and maximise their returns.

Prior to implementing the Finacle solution, all treasury operations at the bank were done manually. Combined with Bank One’s existing Finacle core banking solution, the new treasury solution will enable straight-through processing, resulting in real-time access to trading information and faster processing of deal transactions.

The new treasury solution from Finacle will enable:
  • Centralized monitoring of the bank’s global currency position, with automated Nostro reconciliation and accurate assessment of value at risk
  • Effective management of market and credit risk using Finacle Treasury’s risk module and built-in limits and exposure-tracking features
  • Seamless integration with Bank One’s deal platform, enabling efficient capture of information directly from external trading platforms
  • Compliance with stringent information technology and data security requirements by addressing the bank’s full spectrum of regulatory and internal audit needs
  • Personalized portfolio management for customers with over 100 content-rich and incisive report formats, thereby enhancing customer satisfaction levels


Dhinoo Veerasawmy, Chief Operating Officer, Bank One:

“As a leading bank in Mauritius, it is our endeavour to consistently enhance our ability to address customer requirements and provide the highest level of service. We believe leveraging cutting-edge technology is the best way to achieve this. Equally important is our ability to meet all regulatory requirements, especially on limits. Given our positive experience with the Finacle core banking solution, Finacle Treasury was a logical choice to help us achieve our objectives.”

Venkatramana Gosavi, Regional Head, Growth Markets – Finacle, Infosys:

“Finacle Treasury is the most reliable solution for seamless treasury management, key for banks to maximize liquidity and mitigate operational and financial risk. Following the success of the Finacle core banking solution with Bank One, we are confident Finacle Treasury will further support the bank to achieve its goal of becoming one of the most efficient, customer friendly and profitable banking organizations in Mauritius.”

Additional resources

  • To learn how the largest state-owned bank of Croatia benefited from Finacle Treasury, click here
  • To learn how European Credit Management, a strategic European asset management organization benefited from Finacle Treasury, click here

About Bank One

Bank One focuses on customer needs and on building long-lasting relationships with its customers. It caters both for domestic and international markets, and provides financial solutions to all segments – retail, corporate as well as private. These include transactional and deposit accounts, personal finance, trade finance, corporate finance and capital market services as well as a host of unique banking services. Bank One operates with sixteen branches throughout Mauritius, has a well distributed network of ATMs and a fully-operational internet banking platform. Its endeavor is to bring a sharper focus to the requirements of customers and to leverage cutting-edge technology to provide the highest levels of service.


About Infosys

Infosys is a global leader in consulting, technology and outsourcing solutions. We enable clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence.

Visit to see how Infosys (NYSE: INFY), with $7.906bn in LTM Q2 FY14 revenues and 160,000+ employees, is Building Tomorrow's Enterprise® today.


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