Nucleus Software bags contract from Indonesia's Lippo Bank

New Delhi, Sep 13 (UNI) Nucleus Software, provider of nextgen software products for banking and financial sector today said it has won a contract from Indonesia's private sector Lippo Bank for the implementation of its software solutions in the bank's branches worldwide.

Under the deal, Nucleus Software will implement its FinnOneTM LOS, FinnOneTM Collections and Recovery Management System solutions across Lippo Bank's 396 branches located in 120 cities throughout Indonesia.

''This win is another step in reiterating our leadership position in the South East Asian region,'' Nucleus Software Export Ltd MD Vishnu R Dusad said.

With the implementation of Nucleus Software solutions, the bank expects to gain the advantage of enhancing its operations through easy inter-operability across branches and efficient workflow system in its lending business.

Currently, Lippo Bank provides banking services in retail, consumer and commercial segments, international products and attractive investment instruments for its individual and corporate customers with the total of more than 2.9 million accounts.

Nucleus with its flagship product FinnOne today has over 124 clients across the globe with a presence in regions spanning APAC, Europe, West Asia, Africa and America.

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