Infosys has announced that Infosys Finacle has been selected by Robinsons Bank of Philippines as its transformation partner to support its branch network expansion and business growth. With the new technology transformation programme, Robinsons Bank will consolidate and connect the multiple existing systems in use at the bank, and aim to reduce cost of operations across all its branches.
Haragopal M, Global Head, Infosys Finacle said, "Finacle will power a new core banking and treasury solution for Robinsons Bank that is geared to deliver a superior banking experience to its customers. Finacle is already collaborating with nine banks in the Philippines to accelerate their transformation and growth. And, we hope to bring all that experience into Robinsons bank to help them run their operations efficiently and build a progressive bank for tomorrow."
Angelito V. Evangelista, CEO, Robinsons Bank, stated, "Robinsons Bank is on the path of expanding business to become one of the leading consumer banks in the Philippines over the next few years. We believe Infosys Finacle is among the best banking technology solutions suited to the needs of Robinsons Bank and can effectively support our growth plans and service quality promise. We look forward to a successful implementation and an enduring partnership with Infosys."
Infosys Finacle will address the key challenges faced by the bank, including the need for effective localization of the core banking and treasury solutions and offer user support while bringing down the high cost of implementation and hardware upgrades. Finacle will also help Robinsons Bank to deepen relationships with customers through innovative new products and services.
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