The West Africa Banking Awards 2015 evaluated and awarded by the Banker Africa magazine, announced that Infosys Finacle has emerged as a double winner. Finacle was adjudged the Best Core Banking System and EdgeVerve as the Best Technology Provider.
The awardees were shortlisted based on votes cast by the banking industry representatives, analysts and the magazine’s readership. This is also a good indicator of the high professional credibility enjoyed by Infosys in this region. The contribution of the African sales, delivery and marketing teams is noteworthy.
Infosys Finacle, in partnership with its clients, recently won multiple awards for banking excellence in the Middle East at the annual Asian Banker Technology Implementation Awards held in Dubai. Finacle was awarded the Vendor Satisfaction Gold award, and was also recognized in the Best Regional Core Banking Implementation Project and Best Treasury Management Project categories. The Banker Middle East magazine also adjudged Finacle as the Best Core Banking System for 2015 in the region during the annual awards function.
Finacle helped consolidate the technology landscape for Housing Bank for Trade and Finance (HBTF) to enable a 360-degree view of its customers, improved CRM and service experience. The bank was also able to reduce the time taken to provide services to customers and increased efficiency by 30 percent. New product launch times were reduced from months to weeks, and reports were generated online using a quicker and easier process.
Infosys Finacle was recognized for its excellence in the services provided to companies in the financial sector. The results were based on a survey conducted with various financial institutions across Asia Pacific, Middle East, and Africa. The Asian Banker collected responses from close to 90 technology projects in over 40 financial institutions for this award.