Nigerian bank to deploy Finacle

A Nigerian bank has signed up with Infosys and its Nigerian partner Computer Warehouse Ltd to deploy Finacle, the new generation; fully Web enabled core-banking solution from

Infosys.

Finacle leverages Web technology to enable the bank to integrate with surrounds Web applications thus create a powerful banker desktop. It is multi-currency, multi-lingual, multi-platform and workflow enabled.

"This is the third win for Finacle in Nigeria in as many months. In all these cases Infosys has won against best-in-class global competition. With the Nigerian financial sector, as elsewhere in the world, going through the process of globalization and reforms, banks are looking for IT systems that can provide them business agility and time-to-market advantage," said Merwin Fernandes, Associate VP and Head, Marketing and Sales, Banking Business Unit,

Infosys.

"In this scenario, Finacle with its new generation Web enabled architecture, rich functionality and high level of flexibility, and track record of rapid and successful implementations, has clearly emerged the winner. We look forward to working with Oceanic Bank to rapidly deploy our solution, which will enable the bank to aggressively move ahead with its new

business initiatives," he concluded.