Overview
Infosys Finacle is the industry-leading digital banking solution suite from EdgeVerve Systems, a wholly-owned product subsidiary of Infosys (NSE, BSE, NYSE: INFY). Finacle partners with emerging and established financial institutions to help inspire better banking with its cloud-native solution suite and SaaS services to help banks to engage, innovate, operate, and transform better, thereby scaling their digital transformation with confidence. Finacle solutions address the core banking, lending, digital engagement, payments, cash management, wealth management, treasury, analytics, AI, and blockchain requirements of financial institutions.
Finacle's componentized structure allows banks to deploy and upgrade solutions flexibly as per their business priorities. Our solutions run in a containerized environment orchestrated by Kubernetes and can be deployed on a private, public, or hybrid cloud. We are differentiated by our functionally rich solution suite, composable architecture, culture and entrepreneurial spirit of a start-up. We are also known for an impeccable track record of helping financial institutions of all sizes drive digital transformation at speed and scale. This has enabled Finacle to be consistently rated as a leader across core banking, digital engagement, corporate banking, and payments spaces by major industry analysts. Today, banks in more than 100 countries rely on Finacle to help more than a billion people and millions of businesses to save, pay, borrow, and invest better.
At the heart of our mission of inspiring better banking are five promises –
- To deliver solutions built on Better Technology, so that banks can unlock new possibilities and enrich the financial lives of their customers
- To help banks Engage Better with their customers, employees, and partners, so that they can drive purposeful growth
- To empower banks to Innovate Better, to create new value, and be more competitive
- To unlock ways to Operate Better, so that banks can reduce costs and be more sustainable
- To help banks Transform Better, so that they can stay relevant to evolving market dynamics
The industry-leading performance of our clients reflects our promise of inspiring better. An assessment of the top 1000 banks globally revealed that institutions powered by Finacle enjoy –
- 33 % higher returns on assets than others, with average returns on assets at 1.2% and top-performing client at 4.7%
- 19 % higher returns on capital than others, with average returns on capital at 15.6% and top-performing client at 33%
- 3.9 % points lesser cost to income ratio than others, with the average ratio at 47.2% and top-performing client at 16%
