IBM collaborates with Infosys Finacle to Create a Banking Center of Excellence

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Published Date: April 30, 2020

IBM collaborates with Infosys Finacle to Create a Banking Center of Excellence

The Center, located in Athens, Greece, will support Infosys Finacle Banking Solution implementations across Europe

London – April 30, 2020: IBM announced that in collaboration with EdgeVerve, a product subsidiary of Infosys, it will establish in Athens a Banking Center of Excellence for the Finacle Digital Banking Solution Suite. The Center, will provide consulting and integration services to implement the Finacle suite to help accelerate advanced digital banking transformation and modernization projects. The Center will be able to support projects across Europe and will cooperate closely with Finacle’s delivery centers worldwide.

The global banking industry continues its advance through a period of dramatic change. Navigating high levels of regulation and economic uncertainty, banks need to adapt to respond to changing market conditions and increasingly demanding and digitally savvy customers.

The Finacle Digital Banking Solution Suite is an industry leading solution suite, designed to help banks incorporate digital capabilities across their entire operations. IBM services will provide consulting and delivery capabilities to help clients implement Finacle projects in a reliable, secure and efficient way.

About Infosys Finacle

Finacle is the industry-leading digital banking solution suite from EdgeVerve Systems, a wholly owned product subsidiary of Infosys. Finacle helps traditional and emerging financial institutions drive truly digital transformation to achieve frictionless customer experiences, larger ecosystem play, insights–driven interactions and ubiquitous automation. Today, banks in over 100 countries rely on Finacle to service more than a billion consumers and 1.3 billion accounts.

Finacle solutions address the core banking, omnichannel banking, payments, treasury, origination, liquidity management, Islamic banking, wealth management, analytics, artificial intelligence, and blockchain requirements of financial institutions to drive business excellence. An assessment of the top 1250 banks in the world reveals that institutions powered by the Finacle Core Banking solution, on average, enjoy 7.2% points lower costs-to-income ratio than others.

To know more, visit www.finacle.com