Finacle from Infosys Wins Leaders in Innovation Award 2010

6 January 2011

News Highlights

• The Financial-i Leaders in Innovation Award 2010 has been awarded to Finacle from Infosys Technologies. Finacle received the award for ‘Best Core Banking Software’.

• Finacle’s winning combination of ease of use, interoperability, cost effectiveness, depth of functionality and ease of integration gave it a distinct edge over competition.

• The award-winning Finacle core banking solution powers product, process and customer experience innovation at banks by enabling launch of value-added and extensible products, simplification and rationalisation of processes in addition to institutionalisation of customer relationships.

• The Financial-i Leaders in Innovation Award is in its 5th year and covers more than 50 categories in global transaction banking. The award identifies global transaction banks in addition to financial hardware and software providers that have excelled in the past 12 months in terms of innovation in business solutions. The categories were based on four focus areas - Payments and Cash Management, Securities Services, Trade Finance & Supply Chain and Business Solutions.

Key Quotes

• “Finacle delivers flexible, scalable and state-of-the-art solutions that arm customers with what it takes to delight consumers and grow market share. This award is a great endorsement of our continued commitment to excel as an innovation partner for banks. ” said, Haragopal Mangipudi, Global Head, Finacle, Infosys Technologies.

• Anita Hawser, Editor Financial-i said, “Competition was fierce across a number of categories this year as banks and financial software vendors invested more heavily in innovations designed to make the user experience more personalised and intuitive using the latest Web 2.0 applications.”

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