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Nucleus' FinnOne wins Malayan Bank order
By siliconindia
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Monday, 10 August 2009, 22:09 IST
Bangalore: Nucleus Software Exports, a provider of integrated software products for banks and financial institutions, has won a core banking order for its product FinnOne from Malayan Bank, Philippines for the implementation of complete banking solution to enhance operations. The complete suite of the product will be implemented at nine branches of the bank including the head office.
The core banking solution comprising CAS (Customer Acquisition System), LMS (Loan Management System), GL (General Ledger) & Deposits and Collections modules will integrate the front-middle-back office functions.
The product will provide quick turn-around time of operations, resulting in higher banking efficiency and enhanced customer relationships. Malayan Bank is currently operational in seven cities and is expanding its branches and product diversification program to generate new business opportunities.
"We are focused on a radical makeover of our banking infrastructure. FinnOne will support the bank's aggressive business plans and act as an enabler to achieve its future growth plans and new business initiatives," said Philip Madrigal, Senior Vice President, Malayan Bank.
IP-Converge, an Information Technology & Telecommunications (IT&T) company, is the business partner and system integrator of Nucleus Software for this project.
