India-based Infosys Technologies has launched of Finacle Direct Banking Solution, a comprehensive solution that supports the full-fledged branchless delivery of a range of assets and liabilities solutions, through the internet, mobile or call centre channels.

The company claims that it addresses the comprehensive technology-led business transformation requirements of retail, corporate and universal banks worldwide by maximising their opportunities for growth, while minimising the risks that come with such large scale transformation.

It says that the banks will have upgraded STP capabilities for shortened processing cycles, reduced risk and lower operating costs, as well as extensive security features and a framework for further integration with specialized security software. Additionally, it has “alerts” feature that provides multi-channel notifications, ensuring that customers receive relevant information through preferred channels.

Haragopal M, Global Head – Finacle, Infosys Technologies, said: “FinacleTM Direct Banking Solution aims to address the growing demand amongst banks of rapid customer acquisition and business expansion at minimal incremental costs. We are delighted that two leading global banks have already reposed their trust in this state-of-the-art offering.”