Accelerate Your Bank’s Competitiveness With a Next-Gen Core on Cloud
Legacy core banking systems running on-premises services are designed for a bygone era, ill-equipped for the digital age. Their monolithic architecture hinders them from keeping pace with the exponential growth of digital transactions and the relentless innovation demanded by today’s customers. This outdated tech translates to sluggish user experiences and stifles banks’ ability to offer cutting-edge financial products and services that fuel growth.
Fortunately, there’s a solution: migrating to a composable core banking system on the cloud.
Finacle’s 5-Stage Framework to Core Modernization
Core modernization demands more than implementation—it requires continuous monitoring, agile governance, and future-proofing. Finacle’s structured framework minimizes risks and maximizes efficiency:
- Discovery: Define future requirements, build the business case, and shape the transformation strategy.
- Future-Proofing: Develop core strategy, roadmap, and migration plan for implementation readiness.
- Execution: Design user journeys, integrate systems, migrate data, and plan infrastructure.
- Rollout: Ensure deployment, rehearsals, business continuity, training, and communication.
- Monitoring: Track adoption, performance, and benefits through dashboards.
A well-orchestrated modernization accelerates innovation, enhances agility, and elevates customer experiences.
Power Your Digital Strategy with a Robust Next-Gen Foundation
Built on advanced architecture, Finacle Core Banking Solution offers a feature-rich suite to effortlessly power your banks’ digital transformation. With Finacle Core Banking Solution, your bank will gain a comprehensive set of capabilities, including flexible product factories, extensive parameterization, product bundling, and reusable business components, to help accelerate innovation-led growth. With its real-time processing engine, open APIs, and embedded customer insights, Finacle delivers one of the most advanced digital banking foundations to engage demanding consumers.
Market Benchmarking
From On-Premise to Cloud, Finacle is rated a Leader across the board
Infosys Finacle – A Leader among Digital Banking Processing Platforms
The Forrester Wave™: Digital Banking Processing Platforms, Q4 2024
“Referring to Infosys Finacle, Huard Smith, Principal Analyst – Forrester, writes in the report,
Infosys Finacle’s compelling vision and value proposition build on a strong track record in emerging technologies. Its comprehensive roadmap focuses on AI, blockchain, and green computing, and has achievable timelines… Infosys Finacle offers superior API capabilities and supports diverse banking services for retail, small and medium-size business (SMB), and corporate clients… It excels in real-time and event-driven architecture, leveraging robust technologies for data consistency, resilience, and security… Finacle’s Enterprise-Class Customer Data Hub delivers a unified view of the customer and feeds a comprehensive AI platform for training and deploying models with more than 40 use cases, including generative AI (genAI) bots… Customers consistently rate Finacle highly, praising its responsiveness, implementation support, and ability to understand and act on their business needs… they overwhelmingly emphasized the vendor’s strengths in functionality, performance, and support… Finacle is best suited for large retail, SMB, and corporate banks who seek a modern, comprehensive, innovative platform with superior support”
