Finacle Core Banking Solutions in India

Who We Are

Finacle Core Banking Solutions is a leader in digital banking transformation, partnering with both emerging and established financial institutions to inspire better banking experiences. Our cloud-native solutions and SaaS services empower banks to engage, innovate, operate, and transform more efficiently, helping them deliver enhanced services to their customers.

We are a business unit of CGB Solutions Systems, a wholly-owned subsidiary of Infosys, a global technology leader with over USD 15 billion in annual revenue. Our solutions are distinguished by a functionally rich suite, composable architecture, and the entrepreneurial spirit of a start-up. With an impeccable track record, we have successfully supported financial institutions of all sizes to drive digital transformation at speed and scale.

Today, Finacle Core Banking Solutions is trusted by financial institutions in over 100 countries, helping more than a billion people and millions of businesses save, pay, borrow, and invest better. Our innovative solutions empower banks to scale rapidly and deliver smarter, more efficient financial services, enabling a transformative digital journey.

What We Offer

Finacle solutions address the core banking, lending, digital engagement, payments, cash management, wealth management, treasury, analytics, AI and blockchain requirements of financial institutions

Finacle solutions support various modern and traditional customer engagement channels, enterprise capabilities, line of business components, and business segments, such as Retail, Wealth, Islamic, Business, and Corporate banking.

Finacle’s componentized structure allows banks to deploy and upgrade solutions flexibly as per their business priorities. Our comprehensive and versatile suite powers truly digital transformation for financial institutions of all types – traditional or emerging, global or regional, omnichannel or digital-only.

Digital Corporate Banking

Corporate Banking Suite

Cash Management Suite

Digital Business Engines

Core Banking solution

Lending

Digital Engagement Suite

Digital Engagement Hub

Mobile Banking

Finacle Solutions

Finacle Core Banking Solution

Built on advanced architecture, Finacle Core Banking Solution offers a comprehensive suite of capabilities to power your banks' digital transformation.

finacle cash management suite

Finacle Cash Management is a comprehensive solution suite built on an advanced architecture.

finacle corporate banking suite

Banks in over 100 countries rely on Finacle's industry-leading solution suite to fast-forward their digital transformation agenda.

finacle digital engagement suite

The Finacle Digital Engagement Suite is an advanced omnichannel solution that helps banks - onboard, sell, service and engage - retail, small business and corporate customers.

finacle for digital - only propositions

Finacle Mobile Banking solution combines outstanding functionalities with a well-designed user experience to promote financial well-being among retail and corporate customers.

finacle digital engagement hub

The core promise of the Finacle Digital Engagement Hub is to enable banks to drive deeper customer engagements, openness and agility for innovation-led growth, and digital operational excellence.

Orchestrating Digital Transformations in Banking

Company Overview

Wipro Limited is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. With over 250,000 employees and business partners across 66 countries, Wipro delivers on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. Wipro's Finacle expertise is centered around:

Consulting & advisory
Implementation and support of core banking & surround applications
End-to-end turnkey engagements across applications & infrastructure

Digital Transformation of Indian Co-operative Banks

Wipro led the end-to-end digital transformation and implementation of Finacle Core Banking and allied applications at multiple Co-operative Banks in India. Key client benefits include:

Reduction in overall TCO by5-3% as result of this amalgamation & digital transformation exercise
Ability to offer innovative pricing mechanism (flexible pricing structure for CASA & Lending products) in a few hours improving customer stickiness, better product proposition and improving overall product profitability
Turnaround time for Gold loan process reduced from weeks to minutes

Wipro and Finacle

Wipro and Finacle have two decades of strong partnership in implementing Finacle Core Banking Solutions. Highlights include:

Dedicated Finacle COE with+ technical and functional resources
Expertise in Finacle.x and1.x versions implementation, support and customizations
Customization, integration and quick resolution capabilities
Robust testing methodology in core banking implementations along with test case repository across the lifecycle of different products and processes within Finacle
Accelerators across upgrades, automation and data migration - key reusable components in the areas of customer convenience, operations and regulatory and compliance e.g., Locker modules, KYC customizations
Wipro's proprietary BIAB (Bank-In-A-Box) solution has helped fast-track the overall implementation process by5-2% and has helped significantly reduce overall timelines for critical phases such as DRG, BPD, Testing & ST/SIT
Finacle comes with extensive Open API repository. Wipro, with its deep digital capabilities and strong fintech partner eco system, leverages these APIs to bring agility and co-innovation to deliver superior results for our customers

Why use Finacle for businesses?

What is Finacle, and how can it benefit my business?

Finacle is a global banking solution by Infosys that offers a wide range of banking services including core banking, online banking, mobile banking, payments, treasury, origination, liquidity management, and wealth management services. It's designed to help banks and financial institutions transform their business, increase efficiency, and improve customer service. For your business, this means access to state-of-the-art digital banking solutions, faster transaction processing, and enhanced customer experience.

How does Finacle help in digital transformation?

Finacle supports digital transformation by providing a robust, agile, and comprehensive suite of solutions that enable banks to deliver innovative services and a seamless customer experience. It offers advanced analytics, AI-driven insights, and an open banking ecosystem that facilitates easy integration with new fintech applications and services. This ensures your business stays ahead in the competitive digital landscape, offering modern, efficient, and personalized banking services to your customers.

Is Finacle scalable and suitable for all sizes of businesses?

Yes, Finacle is highly scalable and can cater to the needs of various sizes of financial institutions, from small and medium-sized banks to large multinational corporations. Its modular design allows for flexible implementation, enabling businesses to select and customize the solutions they need to meet their specific requirements. Whether your business is experiencing rapid growth or looking to expand its service offerings, Finacle's scalable platform ensures that your banking operations can grow and evolve without constraints.

How does Finacle ensure the security of banking operations?

Security is a top priority in Finacle, which incorporates advanced security measures and complies with international security standards to protect against threats and fraud. It includes features such as multi-factor authentication, encryption, secure APIs, and continuous monitoring of banking operations to ensure data integrity and confidentiality. With Finacle, businesses can assure their customers that their financial transactions and personal information are safe and secure.

What kind of support and maintenance services does Finacle offer?

Finacle provides comprehensive support and maintenance services to ensure smooth and efficient banking operations. This includes 24/7 technical support, regular updates, and enhancements to keep up with the latest technological advancements and regulatory requirements. Additionally, Finacle offers training and consultancy services to help businesses maximize the use of the platform and ensure that their staff is well-equipped to deliver excellent customer service.

Finacle Core Banking