Finacle
Universal Banking Solution
Banking is in the throes of change; the transformation is both fundamental and all encompassing. All aspects of the business - the competitive landscape, regulatory framework, customer expectations and operational efficiencies - are being redefined and reinvented. This change is throwing up challenges and opportunities of an entirely new dimension. The need to innovate and adapt has never been greater. Technology has emerged as the strategic differentiator - both enabling and driving this innovation agenda. Banks, the world over, have realized that integrated solutions that bring with them the flexibility of modular deployment, powered by new generation technologies, are key to achieving business agility - to respond to change, to innovate and to differentiate.
Finacle universal banking solution, an integrated yet modular offering, addresses the core banking, CRM, treasury, wealth management, consumer and corporate e-banking, mobile banking, financial inclusion and Islamic banking requirements of universal, retail, and corporate banks worldwide. Finacle goes beyond technology enablement to truly gear banks to implement strategic and incremental innovations to compete effectively in a dynamic marketplace, through continually refining products, services and best practices. It aims at empowering bankers with a holistic and integrated methodology to develop new or improved capabilities, and build a stronger and more resilient business organization. Finacle provides banks a proven and effective framework for multi-disciplinary change. This gears them with the prowess and agility to respond to a changing business climate, across multiple dimensions.
Functional Architecture
External World
Enterprise Components
Payment Networks
Credit Bureaus
Demand Deposits
Allied Solutions
Analyzed Pricing
Back-end Systems
Regulatory Reporting
Regulators
Risk Management Document Imaging Analytical AML / KYC
Rating Agencies
Market Feeds
Business Intelligence
Card Issuers
Key Modules
end-to-end functionality to effectively address the needs of the complete cycle of marketing, sales and service for banking products. Facilitating a unified 360 view of the customer across product lines and multiple back-end systems, it enables banks to improve customer experience across channels and empowers them with a robust platform for cross-sell opportunities. It also arms banks with the technology muscle to increase reach through effective marketing campaigns. Finacle CRM solutions proven scalability further ensures that it can meet the needs of growing banks.
CRM Solution
Finacle CRM solution is a modular, multilingual, Web-based customer-centric application that enables banks to leverage ready-to-deploy CRM functionality for competitive differentiation. Integrated with Finacle core banking solution, Finacle CRM solution offers
Key Modules
Built on industry-standard platforms J2EE and .NET, the solution is platform independent. It is also highly secure and supports multiple authentication mechanisms.
technology platforms, providing high scalability, flexibility and STP capability. The solution enables reduction in costs, decrease in time-to-market of products and services, while enhancing process efficiency. The solution supports a wide range of financial products and their derivatives in foreign exchange, money markets, fixed income and equities. It also provides full back office processing capabilities including General Ledger, and has extensive middle office features such as integrated market and credit risk management (including Value at Risk), limits management and liquidity management.
Treasury Solution
Finacle treasury solution is an integrated yet modular front, middle and back office solution built on best-of-breed open
Key Modules
on their customer base to create additional revenue streams, by offering HNWI and the mass affluent extended products and services.
The solution supports synchronization of customers own data on their mobiles without re-downloading the application for downloadable client-based mobility. It empowers banks to capitalize on their existing Internet transaction and support capabilities to extend it to the mobile world, in practically real time. This ushers in the advantages of reduced integration by leveraging common interface messages, maintenance and deployment costs.
Business Benefits
Minimized Risk
Finacle universal banking solution uses Infosys pioneering low-risk Global Delivery Model (GDM) to accelerate schedules with a high degree of time and cost predictability. The companys project management methodology, InRIM (Infosys Rapid Implementation Methodology), ensures rapid, smooth and successful deployment, thus minimizing the risks of transformation.