The technology is suitable for all banks, and is equipped with enterprise-class components, which are believed to boost the efficiency of a bank’s operations, while improving customer experience across all channels.
The new platform also facilitates the launch of new products and services faster, so that the banks can quickly fulfill the customers demands, claims the technology company.
Its ready-made integration adaptors and compliance to industry standards ensure shorter deployment cycles and considerably reduces total project costs, while its componentized structure enables lenders to quickly target new customer segments.
It is also fitted with six new enterprise components, including payments, multichannel framework, offers and catalog, liquidity management, loan origination and dashboards.
Infosys Finacle global head Haragopal M said that complexity of business operations and need for technology modernization are amongst the biggest hurdles to accelerate growth today.
"Leveraging the componentized nature of Finacle 11E, banks can choose to deploy a solution in phases based on business priorities," Haragopal M added.
Transforming business cycle and management, Infosys enables clients in more than 30 nations, to stay a step ahead of emerging business trends and outperform the competition.
