Infosys Limited

44 Electronic City, Hosur Road,
Bengaluru, Karnataka 560100 India

Overview

Overview
Specifications
Resources
Company

Solution Name

Finacle Core Banking

Solution Summary

Finacle Core Banking, part of Finacle-Infosys ePlatform, is a completely web based, centralized, customer centric, fully integrated, multi-lingual, multi-currency solution addressing retail, corporate and trade finance banking requirements.

Solution Profile

Finacle Core Banking The new generation core banking solution Finacle Core Banking is a completely web based, centralized, multi-lingual, multi-currency solution that delivers unparalleled value to banks. Fully integrated, scalable, open and customer-centric, it addresses retail, corporate and trade finance banking requirements. Extensively parameterisable, it comes with comprehensive “out-of-the-box” features and packs several unique capabilities like extended 24x7 support across channels including branches, powerful STP infrastructure across the product, workflow automation, unified and standards based delivery channel integration, CoBIT compliant security framework and unparalleled flexibility through the e-Xtensibility tool kit. Finacle Core Banking comprises: Retail and Corporate Banking: This module handles comprehensive retail and corporate banking products like current and checking accounts, savings, time deposits, sweeps, personal loans, auto loans, housing/mortgage loans, term loans, corporate loans, line-of-credit, clearing and remittances. The system has an integrated multi-currency General Ledger and transaction manager that forms the accounting backbone. Trade Finance: This module handles pre-shipment credit and the entire life cycle of Documentary Credits, various types of Bank Guarantees, clean collections and payments, import and export bills with linkages to forward contracts. Common Modules: Finacle Core Banking has several common features spanning across the entire product such as modules for flexible interest definition,inventory, standing orders, online signature verification, centralised limits management, comprehensive and flexible reporting and collaterals management and the powerful charges module that supports bank definable event based charges. FAB: This module supports typical retail banking front office functionality and is either deployed centrally to provide 24x7 capability across branches or at branches to provide branch fallback capability against network failures. Connect24: This module acts as Finacle Core Banking’s window to the external world. It is a single and standards based layer for all delivery channels (be it ATM/POS Switch, call center, IVR, or Internet/mobile banking) connecting to Finacle Core Banking thus ensuring unified and consistent view across all channels. Connect24 along with FAB also provides 24x7 availability across channels including branches. e-Xtensibility Tool Kit: Comprising workflow, Remote Application Interface (RAI) and scripting tools, this module can be used to build and amend business rules, extend and customize Finacle Core Banking, automate workflow and support STP. Banks can use the powerful e-Xtensibility tool kit to create competitive differentiation and gain time-to-market advantage.

Distinguishing Features

Higher employee productivity Reduced time-to-market Highly secure Lower Total Cost of Ownership Customer Delight

Solution Name

Finacle Core Banking

Solution Availability

India

Company Size Solution is Targeting

< 50

Open Source Solutions

About Infosys Limited

2024 Global Service Partner Apps Award in Innovation

2024 APAC Solution Innovation Award: Optimizing Customer Experience

2024 APAC Customer Success Award: Innovative Cloud Deployment

2024 Continental Europe Service Partner Apps Award in Innovation

2024 Continental Europe Service Partner Apps Award in Customer Success

2023 Customer Success Global Services Partner of the Year Winner

NAS 2023 Customer Success for Cloud/Tech Partner Award Winner

APAC 2023 Optimizing Customer Experience Partner Award Winner

Infosys (NSE, BSE, NYSE: INFY) is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, in more than 50 countries, as they navigate their digital transformation powered by the cloud. We enable them with an AI-powered core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit us at www.infosys.com

Infosys-Oracle Alliance – Delivering value to our clients through joint initiatives

Organizational resilience is the key to staying ahead of today’s ever-increasing business volatility. Savvy enterprises know they need to lock in resilience by accelerating their cloud transformation. Infosys and Oracle are enabling enterprises to become cloud-connected with business, infrastructure and experiential transformation that help improve resilience and drive business growth.

Oracle’s cloud solutions fortified with Infosys’ business and technology expertise help redesign enterprises to be responsive by amplifying innovation, accelerating speed to market, and securing the enterprise. Together, Infosys and Oracle leverage Infosys Cobal t to maximize the potential of Oracle cloud applications and infrastructure to drive increased business value and customer experience.

We transform business

Leverage real-time data and generate actionable insights to implement data-driven decision making. Gain faster time to market and smooth change management to build responsive value chains across the ecosystem.

Oracle is the only end-to-end cloud provider in the market that integrates all enterprise functions and capabilities into a single subscription model. Infosys brings innovative, out-of-the-box solutions that are preconfigured for industry-specific needs—along with a unique outcome-based pricing model. Thus, collectively, we help transform business so you can gain faster time to market and smoother change management.

We transform infrastructure

Bring a new vision of your business to life. Improve performance, speed and scalability using unique, fit-for-purpose solutions from two trusted industry leaders.

Our cloud-first approach helps to transform infrastructure with robust security and compliance.

Whether you’re looking for new business models for a greater return on your investments or for more flexibility in how you procure cloud services—or both—Infosys and Oracle give you everything you need to execute a successful cloud-connected transformation, all in one place.

We transform experience

Leverage the full potential of the Oracle cloud ecosystem—including platforms, accelerators, and intelligent tools—with anytime, anywhere access. Drive greater value across your business and transform your customer experience.

Enterprises can achieve agility through innovation and intuitive decision-making that accelerates outcomes—outcomes that must include sustainability as addressing climate change becomes a priority. The Infosys-Oracle alliance provides end-to-end support for enterprise experience transformation, with a special focus on change management, which is a challenge for many enterprises.

When you partner with us, you leverage 25 years of our award-winning partnership which empowers us to help you navigate strategic engagements through joint solutions, multi-cloud adoption, and deep domain knowledge across industries. Infosys and Oracle have been consistently recognized year after year as leaders by top analyst and advisory firms.

Contact us now to reimagine your business realities and transform to a cloud-connected enterprise with Infosys and Oracle.

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