Thursday 1 September 2016

Infosys Finacle and Huawei Partner to Create New Financial Cloud Solution

By Tricitynews Reporter
Chandigarh 01st September:-  Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys (NYSE: INFY), and Huawei, a leading global ICT solutions provider, today announced the global availability of the industry leading Finacle Universal Banking Solution Suite on Huawei’s FusionCloud based cloud platform. With this joint offering, financial services clients can expect substantial reductions in infrastructure and application management costs with high resilience and enhanced customer service efficiency across channels. The highly available platform will allow customers to run Finacle suite of applications on a private cloud network, delivering considerable performance, maintenance and total cost of ownership advantages.
Qian Yuan (Diana), President, Marketing and Solution Sales Department, Huawei Enterprise Business Group stated that this new offering from Huawei and Finacle will empower financial institutions with a world class banking software, with competitive capex, reduced opex and superior flexibility in operations. With reduced total cost of ownership and increased return on investment, banks will benefit from substantial savings which can be channelled to accelerate innovation and strengthen profitability.
Andy Dey, President, Customer and Operations, EdgeVerve said that the increasing digitally native customer base of financial institutions is resulting in rapid increase in transactions loads, pushing the need for flexibility in designing and managing IT deployment strategies. This joint offering from Finacle and Huawei is a perfect fit, bringing to market an industry leading, digital age banking solution suite along with the security, flexibility and scalability of a private cloud.



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