Business Overview
The flattening of the world has dramatically impacted both the dynamics and the pace of
global banking business. Mergers, acquisitions, consolidation, expansion, diversification of
lines of business, shifting customer orientation and the changing regulatory environment are
building up the pressure for banks to explore new possibilities by abandoning the familiar
and embracing the unconventional. Competition is compelling banks to be agile and
innovate everyday.
In this milieu, what really enables banks to build a lasting competitive advantage is the ability
to continuously innovate, achieve differentiation and respond quickly to dynamic business
challenges. There is no doubt that an efficient and adaptive core banking solution is integral
to the business strategy of a bank geared to meet the challenges of new-age banking.
FINACLE CORE BANKING SOLUTION
Finical core banking solution is a comprehensive, integrated yet modular business solution that effectively addresses the strategic and
Day-to-day challenges faced by banks. It is highly parameterizable
Providing that much-needed flexibility to adapt to a dynamic environment.
The solution has an integrated CRM module enabling banks to offer
a rich and differentiated value proposition to customers. The layered
Service Oriented Architecture (SOA), STP capabilities, web-enabled
technology and 24 X 7 operations ensure multi-channel, multi-country
and multi-currency implementations. The functionality-rich modules
In the solution provide banks with a varied palette of features to Continuously innovate on their product and service offerings.
With Finical core banking solution, banks can meet the challenges
Of managing change, competition, compliance and customer
Demands effectively. |