Infosys Finacle positioned as a leader in IDC MarketScape of worldwide core banking solutions

Published with the permission of IDC Financial Insights
Finacle Core banking is a leader among core banking solutions in the North American market
IDC analysts have positioned Infosys Finacle Core Banking solution as a leader in the IDC MarketScape of worldwide core banking solution providers. The solution was named as a leader from among 19 global core banking solutions. The report1 focuses on global core banking providers in the North American market.
Highlights:

  • The report mentions that Finacle exhibited high levels of strategic vision and demonstrable ability to deliver functionality and support to clients.
  • The report also highlights that “Infosys continues to impress with scale, with its highest benchmarks in production reaching around 71 million customers with 88 million accounts, and an average transaction throughout of 6.6 million (and peaks of up to 10 million) per day.”

Reference:
1IDC MarketScape: Worldwide Core Banking Solutions 2014 Vendor Assessment — Global Providers for North American Banks, doc # FI253356, December 2014.
About IDC MarketScape: IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that result in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

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Gartner Magic Quadrant for International Retail Core Banking, November 2014

Gartner, Inc. names Infosys a leader in international retail core banking

Infosys Finacle positioned as a leader for the eighth time in a row

Infosys has been positioned as a leader in Gartner’s International Retail Core Banking report for its Finacle Core Banking solution. This is the eighth time in a row that Infosys has been named a leader from among 20 global vendors, who were evaluated on two key parameters: ability to execute and completeness of vision. Infosys was positioned highest in ability to execute and furthest right in completeness of vision within the leaders quadrant.

Gartner, Inc. names Infosys a leader in international retail core banking

Gartner Magic Quadrant for International Retail Core Banking, November 2014 by Don Free – Research Vice President & Ethan Wang – Research Director, Banking Industry Advisory Services, Gartner, Inc

This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Infosys. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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Infosys Finacle Mobile Banking and e-Banking rated as ‘best-in-class’ by Independent Research Firm

Rated ‘best-in-class’ for security and authentication, and enterprise support

CEB TowerGroup analysts have rated Infosys Finacle Mobile Banking and e-Banking as ‘best-in-class’ for security and authentication, and enterprise support. The CEB TowerGroup report titled ‘Mobile Corporate Banking Technology Analysis’ quantitatively ranks mobile corporate banking solutions from global vendors across 19 attributes.

Highlights:

  • Infosys Finacle was rated ‘Best-in-class’ in the categories of Security and Authentication, and Enterprise Support
  • The report states – “Infosys is experienced in deploying mobile solutions to customers in the financial services industry. Voice banking is one of the more progressive features in the market that Infosys is pursuing, and is just one item on a comprehensive roadmap of features intended to be deployed in future releases”
  • The report also highlights – “Infosys has a distinct implementation methodology and separate approaches for rapid deployment as well as phased deployment by location, vertical, or module. This caters not only to financial institutions of differing sizes, but to banks with differing business needs, skill sets, and budgets, and allows financial institutions to customize their mobile banking experience”

CEB Technology Assessment research is a qualitative evaluation of a set of vendors in a specific market; it is NOT a stack ranking.

CEB does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. CEB and CEB TowerGroup research publications consist of the opinions of its research analysts and should not be construed as statements of fact. CEB Disclaims all warranties of commercial viability or fitness for a particular purpose.

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Infosys Finacle Online Banking rated as a ‘best-in-Class’ solution in Research Report

Rated ‘best-in-class’ for customer experience, design and security, and enterprise support

CEB TowerGroup analysts have rated Infosys Finacle Online Banking as a ‘best-in-class’ solution for Customer Experience, Design and Security and Enterprise Support. In the report titled “Online Banking Technology Analysis”, CEB TowerGroup analysts quantitatively ranked online banking solutions from global vendors on 21 attributes.

Click here to read the full report.

Referring to Infosys, CEB TowerGroup research director Jason Malo, commented:

“Finacle Online Banking is a mature product which scored well across all of our evaluation categories. Their digital bank offerings provide a high level of customization for consumers as well as bank administrators and the ability to integrate with multiple third-parties makes them an attractive market solution.”

You can read the full report here.

CEB does not endorse any vendor, product, or service depicted in our CEB TowerGroup publications and does not advise technology users to select only those vendors rated “best-in-class.” CEB TowerGroup research publications consist of the opinions of CEB TowerGroup’s analysts and should not be construed as statements of fact. CEB disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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Infosys Finacle Mobile Banking and e-Banking rated as ‘best-in-class’ by Independent Research Firm

Infosys Finacle is a ‘best-in-class’ solution for large banks, says Independent Research Group

Infosys Finacle has been rated as a ‘best-in-class’ provider by CEB TowerGroup in its report titled Core Banking Systems for the Large Bank Market. The report assessed 14 global vendors across 23 key parameters spread across four categories: Customer Centricity, Product Management, Operational Flexibility, and Enterprise Support. Finacle was ranked a ‘best-in-class’ provider in the Product Management and Operational Flexibility categories. The report notes that the robustness and proven scalability of the Finacle architecture, coupled with its ease of configuration and rich user interface, made the solution a notable entry among very capable core banking products.

Highlights:

  • Finacle scored highly on product management capabilities, which are critical for banks to build and manage innovative financial products
  • Finacle’s operational flexibility, specifically its localization capability, was acknowledged in the report. This capability allows banks to easily configure products to meet local or regional regulatory and business requirements
  • Finacle was also recognized for its ability to enable banks to easily design and configure business processes.

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