Introduction about Finacle
It is used
by multiple banks across several countries, it can handle
multi-currency transactions. Several major customers of Finacle include
Nadra Bank of Ukraine, ICICI Bank of India and Al Hilal Bank of the
United Arab Emirates
Following Banks are using Finacle , The list is large but we brought you some of leading Banks using this Platform.
- ALEXBANK
- ANZ BANK,
- ARAB NATIONAL BANK,
- BANK DHOFAR,
- CO-OPERATIVE FINANCIAL SERVICES,
- CREDIT SUISSE,
- DBS BANK,
- EMIRATES BANK,
- FIRST BANK OF NIGERIA,
- HATTON NATIONAL BANK,
- ICICI BANK,
- NATIONAL AUSTRALIA GROUP EUROPE,
- NYKREDIT,
- POSTBANK UGANDA LTD,
- RAIFFEISSENBANK,
- SOCIÉTÉ GÉNÉRALE
- ZURICH FINANCIAL SERVICES.
- ABN AMRO
- NATIONAL COMMERCIAL BANK OF SAUDI ARABIA
- MIZUHO CORPORATE BANK
- FEDERAL BANK
- BANK OF INDIA
- BANK OF BARODA
- ANDHRA BANK
- PUNJAB NATIONAL BANK
- UNION BANK OF INDIA
- IDBI BANK
- INDUSIND BANK
- SBI INTERNATIONAL OPERATION
- VIJAYA BANK
- UCO BANK
- ING Vysya Bank Ltd
- Oriental Bank of Commerce
Department of Posts also added in this List. Now we are Using Finacle Banking software in our CBS Offices
About DoP and Finacle
For more than 150 years, the Department of Posts (DoP) has been the backbone of the country’s communication and has played a crucial role in the country's socio-economic development. It touches the lives of Indian citizens in many ways: delivering mails, accepting deposits under Small Savings Schemes, providing life insurance cover under Postal Life Insurance (PLI) and Rural Postal Life Insurance (RPLI) and providing retail services like bill collection, sale of forms, etc. The DoP also acts as an agent for Government of India in discharging other services for citizens such as Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) wage disbursement and old age pension payments. With 1, 55,015 Post Offices, the DoP has the most widely distributed postal network in the world.
New Delhi, India - August 9, 2012:
Infosys, a global leader in consulting and technology, today announced
that it has been selected by the Department of Post, Ministry of
Communications and Information Technology, Government of India for a
mission-critical program that will enhance India Post's financial
services across 150,000 post offices in the country. This is part of the
'India Post 2012' modernization program that aims at bringing
transparency, agility, flexibility and scalability to India Post's
operations.
Under the agreement, Infosys and India
Post will embark on a transformational initiative, which encompasses
Financial Services System Integration. This project, estimated at INR
700 crores, aims to transform India Post into a technology-enabled and
autonomous market leader, by revolutionizing its financial operations
and end-user services.
As Financial Services System Integrator,
Infosys will implement and manage its flagship Finacle™ Core Banking
and McCamish™ Insurance products to help India Post transform its
banking and insurance operations - covering more than 200 million
banking customers across urban and rural India; including a large base
of insurance customers. Infosys will be installing 1,000 ATMs for India
Post as part of this program to increase the effectiveness of its
delivery channel and will also implement an electronic Content
Management system to manage millions of documents generated as part of
India Post's financial operations.
For the project, Infosys will support India Post in the following areas:
Complete System Integration including designing, building, supplying, installing and commissioning hardware and software
Data migration and deployment of the platforms and solutions across all identified post offices
Supporting multi-year managed services, application support and infrastructure operations
Training more than 35,000 India Post employees across the country on the usage and deployment of the new platform and solutions
http://dopfinacle.blogspot.in/
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