IndusInd Bank has announced that it has selected Finacle core banking solution version 10 to power the Bank's exponential growth agenda.
Finacle will provide a future-proof technology platform with robust Straight Through Processing capabilities and support for true 24X7 multi-channel and multi-currency transactions. The solution's proven scalability, relevance to the Indian banking context and flexibility will power the Bank's ambitious growth plans.
Built on new-generation technology, Finacle will enable IndusInd Bank to accelerate innovation and stay ahead of emerging customer demands. Leveraging Finacle, the Bank can personalize offerings, bundle products and enrich their segment-specific product portfolio.
"Using technology to find service and engage customers is a fundamental premise of our business model. We are confident that Finacle will help significantly scale up our customer base and branch footprint besides improving productivity," said, Romesh Sobti, Managing Director & CEO, IndusInd Bank.
"The Bank sits at the cusp of significant growth both in terms of its physical distribution and the range and sophistication of its product suite. In these circumstances, we look to our core banking system as a facilitator of scale, controls and access. It should also be something that enables us to service clients with a spectrum of products and services, while being flexible and cost effective. That is what we looked for in our choice of a platform and we believe that Finacle fits the bill," said, Paul Abraham, COO, IndusInd Bank.
