Accelerate Business Value Realization with Finacle Banking Suite on AWS
Core banking systems are central to banking services as a mission-critical software. But traditional core systems are falling short with the advent of digitization. Transactions are increasingly moving to the digital realm, and banks find themselves processing thousands of transactions per second, particularly during seasonal spikes. Added to this, growing non-traditional competition is resetting customer experience benchmarks.
It is no surprise then, that banks of all sizes are focusing on Cloud. With cloud, banks can personalize their services at scale and rapidly design, test, and deliver engaging experiences to customers. However, legacy core systems can hinder progress. But to derive the full benefit of cloud computing, banks need a modern, digital, core—one that is purpose-built for the cloud.
Finacle is a leading digital banking solution suite from EdgeVerve Systems, a wholly owned product subsidiary of Infosys. In this post published on the APN blog, experts from Infosys discuss how Finacle’s digital banking solution suite on AWS brings the full benefits of the public cloud to banking and how it delivers business agility, lowers total cost of ownership (TCO), automates intelligent operations, and accelerates ecosystem innovation.
Authors:
- Venkat Raman R, VP and Head, Architecture – Infosys Finacle
- Shivaji Apte, Principal Architect and Head, Cloud Architecture – Infosys Finacle
- Dinesh Shetty, Principal Product Architect, Cloud Architecture – Infosys Finacle
