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Nucleus Software announces FY 2015 results

May 8, 2015 | Sify.com
Source : www.sify.com/news/nucleus-software-announces-fy-2015-results-news-default-pfirMAhchfgbd.html
New Delhi, May 8 (IBNS) Nucleus Software, the leading provider of mission critical lending and transaction banking products to the global financial services industry, on Friday reported its consolidated results for the financial year ended March 31.


Consolidated revenue for the fourth quarter of FY 2015 is at Rs. 100.9 crore in comparison to Rs. 87.7 crore in the corresponding quarter previous year. Revenue for FY 2015 is at Rs. 353.1 crore, against Rs. 346.2 crore in FY 2014. Commenting on the companys performance Vishnu R. Dusad, CEO, Nucleus Software, said FY 2015 has seen significant progress in our transformation. In our continued efforts to drive focused growth, we made strategic investments in sales and marketing, introduced new products and further strengthened our leadership team to help drive the transformation and continue the momentum of growth. For the 7th year in a row we were ranked as having the worlds best-selling lending solution. We are excited about the opportunities in the coming year and look forward to reaching new heights by using our award winning solutions to help our customers increase revenue, streamline operations and improve customer centricity. We will increase our market penetration and bring new initiatives to market. In FY2014-2015, Nucleus Software introduced FinnOne Neo the next-generation End-to-End Loan Lifecycle Management product that enables innovative banks and finance companies to manage all types of lending from personal and home loans to commercial lending and finance against securities. The new solution uses the latest, proven technology and can be delivered via public cloud, private cloud or on customers own servers.