Nucleus Software Exports Ltd, a global provider in banking automation and innovative software solutions announced the launch of the Finness Central Banking System (CBS) - a Web based solution that will enable the banks to integrate multiple functions with a single solution from a single source. With the launch of this solution, Nucleus will play a crucial role in helping the Indian banking industry to incorporate technology to serve its customers more efficiently. Nucleus is targeting a revenue contribution of 25 percent from CBS, in 2002.
CBS is a multi currency, multi lingual, cost effective solution, which has all the ingredients of a good banking solution in terms of reliability, flexibility, scalability, stability, compatibility, delivery channels and speed of deployment. Nucleus will be targeting both Private Indian and Multinational banks for this solution.
Speaking on the launch, Vishnu R Dusad, MD, Nucleus Software Exports said, "With the launch of Finness CBS the Company offering specialized retail finance and banking solutions like Finness lending or deposits to a more comprehensive solution like the Finness CBS. Developed indigenously with an investment of over Rs 10 crores, the Finness CBS will be customized to the banks requirements and complemented with consulting and training services during implementation."
Designed to meet the enterprise needs of the corporate, retail and investment banking sector, the CBS is a single solution that offers integrated delivery of all banking products across the branch Network, Telephone, ATM, POS and Internet.
Customization, implementation, consulting and training services that are tailored for the bank requirements augment this. CBS is consolidated into a standardized banking product division to leverage synergies.
The key features of the Finness CBS are-
- A scalable platform allows for over 100 million customers (Data warehousing)
- The power to create and launch new options and products instantaneously.
- N-Tier architecture with platform independence.
- Modular Design assisting a rapid deployment drives.
- 24*7 capabilities
- Scenario based/artificial Intelligence to allow Customer Value Based handling.
- Open architecture to allow seamless integration.