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Infosys Finacle emerges as leader in global banking solutions
Source: IRIS | 07 Aug, 2014, 04.41PM
Rating: NAN / 5 stars.
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Infosys Finacle has been named a leader by Forrester Research, Inc. for its Finacle universal banking solution in The Forrester Wave: Customer-Centric Global Banking Platforms, Q3 2014 report. The solution was recognized amongst nine top customer-centric global banking platforms, which were evaluated on a comprehensive set of 74 criteria focusing on functional breadth, agility and strategy.

According to the research report, ''to assess the state of the banking platform market and to see how the vendors stack up against each other, Forrester evaluated the strengths and weaknesses of top customer-centric banking platform vendors and their products.''

Based on this assessment, Infosys Finacle was named a leader in the evaluation. Infosys Finacle achieved the highest scores in both the 'current offerings' and 'market presence' criteria.

Vishal Sikka, chief executive officer and managing director, Infosys, said, ''We believe this recognition further reinforces Finacle's position amongst the best banking platforms in the world. Today, banks around the world increasingly expect innovative platforms like Finacle to simplify operations and help deliver great experiences to their customers seamlessly across channels. We are excited to further invest in and grow Finacle to be the best banking platform in the world.''

Shares of the company declined Rs 60.15, or 1.68%, to settle at Rs 3,514.55. The total volume of shares traded was 72,144 at the BSE (Thursday).

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