Nucleus targets Japan & China for FY 01-02

Nucleus Software Exports Ltd recently made a strategic move by launching its flagship product FINNONE-a one-stop, end-to-end solution that will offer integrated delivery of all the banking products across a bank's network. With this Nucleus would be targeting at becoming the preferred vendor for banking solutions at the global level. In addition to this, another strategic announcement was the aggressive focus of Nucleus on Japan and China as the key target markets in the FY 2001-2002.

Speaking on the launch of FINNONE, Vishnu Dusad, MD, Nucleus Software Exports Ltd, said, "The economy today is undergoing a paradigm shift where each industry is now demanding an integrated solution and not a solution in parts, the major reason being cost effectiveness and ease of dealing with just one vendor. The banking industry is no different from this."

FINNONE is a one-stop system that offers integrated delivery of all the banking products across the branch network,

Telephone, ATM, POS and Internet. It is reliable, multi-currency, multi-lingual systems augmented by Nucleus' customization, implementation, consulting and training services that are tailored for the bank requirements. Dusad added, "My recent visit to Japan as a part of the PM's delegation has given me a deep insight into the Japanese markets. One of the most important objectives of this delegation was to create opportunities for the two countries to work together for respective economies. I see Japanese IT market emerging as the second largest software market in the world after US, estimated to be at approximately $ 487 billion."

Explaining the company's foresight, Dusad explained that Nucleus has been focused on the Japanese market for sometime. The visit would work as further strengthening its focus on the Japanese markets. "We also expect Japan and China to be the major target markets for Nucleus Software in next year. Our teams are researching the markets, understanding local requirements and learning, local languages to enter the markets", he concluded.