• search

Finacle momentum accelerates in Europe

Written by: Staff

Bangalore, Sep 14: IT giant Infosys Technologies today announced that the only large domestic bank in Croatia, Hrvatska Potanska Banka (HPB), has selected its Finacle Universal Banking Solution to drive its technology-led transformation initiative.

Finacle core banking solution would replace the bank's legacy system and help strengthen the bank's competitive position by enabling innovation, greater process efficiencies as well as by meeting new regulatory requirements, including Basel II. HPB would also deploy the Finacle e-banking and treasury solutions, Infosys said in a release here.

Mr Merwin Fernandes, Vice-President and Business Head - Finacle, Infosys, said ''this win is a significant breakthrough for Finacle into Croatian and CEE market and further consolidates our position in the fast growing Central and Eastern European region.'' Finacle is a global player in the packaged banking solutions space, with a customer base across 53 countries. The solution had a strong presence in Europe, Asia-Pacific, Middle East and Africa.

Finacle differentiated itself through its new generation technology architecture and strong implementation record.


For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more