Finacle and IBM Consulting

Better Banking Transformations

IBM Consulting and Finacle collaborate to help banks modernize their operations and provide better services to their customers. Banks can leverage Finacle’s industry leading Core banking solution and IBM Consulting’s expertise across Strategy, Experience Design, Technology and Operations for accelerated banking transformations.

Assets and Accelerators

Core Banking Expertise

Capability Development


Assets and Accelerators

  • Digital Banking Delivery Framework
  • Business Process Models
  • Functional Test Lab
  • ISV BOT – Watson enabled Agent Assist
  • Complex System Integration Methodology, developed and evolved with years of experience
  • Ability to take on delivery risk and project financing to support clients when faced with a large transformation program with out of the box software and hardware bundle

Core Banking Expertise

  • Around 1,000+ CB&P SMEs focused on core banking and supporting 7,500 practitioners in banking industry
  • Combination of product specialists and implementation experts
  • IBM’s capability to operate at scale and drive complex programs
  • Globally integrated capability with large pool of banking transformation experienced resources available in Client Innovation Centers

Capability Development

  • Centre of Excellence dedicated to Finacle
  • Training and recruitment
  • Partnerships for resource onboarding
  • Sandbox for rapid innovation
  • Creation and testing of joint value propositions using IBM’s Garage method
  • Significant investment to grow key skills and research facilities
  • Development of comprehensive SaaS and Hosted/Managed services offering


  • On-Prem offerings using IBM Z/P series with LinuxOne, Red Hat Open Shift containerized platform
  • New SaaS offerings using IBM Cloud and IBM Cloud for Financial Services
  • PaaS collaboration to boost global Finacle cloud deployment
  • Private Cloud SaaS offering in selected geographies with regulatory constraints
  • Enhanced data, workload, and integration capabilities with IBM Cloudpaks

IBM Centre of Excellence for Finacle

Bringing the best of both organizations to clients

  • IBM professionals with Finacle expertise, client systems, industry expertise, local business practices and regulatory requirements
  • Co-located at IBM premises in Athens, Greece
  • Clear alignment across governance, operating model, RACI and methodology to successfully drive Finacle implementations
  • Joint capability plan that combines training programs and onboarding of Finacle experts
  • Sandbox environment for training for up and cross skilling consultants

IBM Services for a Seamless Transformation


  • Sizing and infrastructure design
  • Detailed requirement gathering
  • Business process definition
  • Installation and configuration
  • Testing services
  • Data migration
  • Platform upgrade
  • Application version migration


  • Product menu level customization
  • Custom module development
  • UX customization
  • Custom API’s
  • Interface development
  • Custom reports
  • Data extraction tools
  • Data extraction tools


  • L1/L2 support services
  • Application administration service
  • Performance optimization


  • Pre-implementation advisory services
  • Post-implementation advisory services
  • Business process re-engineering
  • Industry best practices


  • SI service with Finacle LOD
  • BOOT Model service
  • Capex/Opex models
  • Finacle in SaaS model

IBM has a rich experience supporting clients implement Finacle on various platforms. Our global partnership with Finacle further enhances these capabilities. We have created a new practice dedicated to building skills, processes, and assets. This collaboration can help our clients in the financial services industry accelerate their digital transformation journeys. The powerful combination of IBM Consulting, IBM Technology and Finacle offers differentiated value propositions and benefits to financial institutions around the world. We are excited for the increased growth potential for both Finacle and IBM through this initiative.

Simon Ward

Global ISV Practice leader

IBM Consulting