Banks in over 100 countries rely on Finacle’s industry-leading solution suite to fast-forward their digital transformation agenda.
Corporate banks continue to juggle disparate systems, product silos and inefficient, manual processes that drain resources and inhibit performance, innovation and growth. A key way to overcome these challenges is through digital transformation. However, most corporate banks are not ready, or willing, to change. The biggest reason is legacy IT, ridden with complexity and cost.
Finacle Corporate Banking solution helps banks achieve higher cost efficiencies and productivity with a comprehensive, componentized platform. Enterprise components or modules of the solution include, corporate deposits, lending, liquidity management, payments and trade finance. These components help banks seamlessly integrate other applications across business units and channels, leveraging ready-made integration adapters. These enterprise components boost operational efficiencies by centralizing business operations across product lines. Banks will also be able to reduce technology costs by replacing multiple systems, which are currently doing similar tasks.
The Finacle solution also offer a unified view of data and better control over operations by breaking down the silos in banking environments. Thanks to this, the time to incorporate changes to meet business or compliance needs is also reduced drastically. Each component enables client banks to create a more responsive and cost efficient organization.
Madhivanan Balakrishnan, Chief Technology and Digital Officer, ICICI Bank talks about how ICICI Bank on-boarded over 250 leading corporates for domestic and international trade finance transactions, enabling inter organization automation leveraging blockchain.
Future proof your business with a modern platform which is agile, flexible and scalable
Infosys Finacle positioned as a Leader in The Forrester Wave™: Global Digital Banking Platforms, Q3 2018
“EdgeVerve builds its banking platform on a strong architectural foundation.. Today’s architecture shows ingredients such as a
service-oriented architecture (SOA), a strong decoupling from data and business logic, built-in API management, and — to some degree — micro services. Broad and rich off-the-shelf business capabilities support corporate and business banking.”
– Jost Hoppermann, Author of The Forrester Wave™: Global Digital Banking Platforms, Q3 2018
The corporate banking digital revolution is on. Overcoming the disruption and keeping pace with corporates’ demands requires banks to become truly digital and to anticipate what tomorrow’s digital landscape may hold. Join the global community of corporate banking leaders who are innovating and transforming with Finacle.
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