Infosys Finacle gets recognition as "Best-in-Class" Solution Provider

As per the latest report titled "Core Banking Systems for the Large Bank Market" provided by CEB TowerGroup, Infosys Finacle has been rated as a "Best-in-Class" provider. The report assessed 14 global vendors across 23 key parameters spread across four categories – Customer Centricity, Product Management, Operational Flexibility and Enterprise Support. 

Finacle was ranked a “Best-in-Class” provider in the Product Management and Operational Flexibility categories.  The report notes that the robustness and proven scalability of Finacle’s architecture, coupled with its ease of configuration and rich user interface, made the solution a notable entry among very capable core banking products.

Finacle has scored on product management capabilities which are critical for banks to build and manage innovative financial products.

Rajashekhara V. Maiya, Associate Vice-President and Head – Finacle Product Strategy, Infosys Finacle, said, “A rapidly-changing environment and increasingly sophisticated customer demands are driving banks to reconfigure their business model.  However, most large banks are constrained by legacy technology. They are hesitant to undertake core banking modernization due to high complexity and costs. Finacle, with its componentized structure, simplifies the transformation journey for large banks and creates competitive advantage.”  

Finacle was also recognized for its ability to enable banks to easily design and configure business processes.