“Finacle”, Infosys’s banking solution software earned top slot in the Forrester research on retail banking platforms. Finacle, addresses the core banking, e-banking, treasury, wealth management, CRM, and cash management requirements of retail, corporate and universal banks worldwide.
Finacle has been architected out of years of experience with global banks and offers several powerful and differentiating features making it one of the most comprehensive, flexible and scalable solutions in its class.
See the chart below to identify the Retail Banking software leaders.
Most of the Indian banks use Finacle to manage their day-to-day transactions. Here are some of them.
~ ANZ, Australia
~ Arab National Bank
~ Credit Suisse Group
~ First City Bank
~ First Bank of Nigeria
~ ICICI Bank
~ DBS Bank, Singapore
~ Industrial Bank of India (IDBI)
~ National Bank of Abu Dhabi
~ National Commercial Bank, Jamaica
~ National Commercial Bank, Saudi Arabia
~ Punjab National Bank
~ Sampath Bank
~ South Indian Bank
~ Standard Trust Bank
~ State Bank of India
~ Union Bank of India
~ UCO Bank
~ UTI Bank
Although I-flex’s (read oracle) Flexcube still leads the race, it may be losing out to infosys and SAP due to fear of oracle centric platforms in future.