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Nucleus Software, Arab bank sign pact

September 20, 2005 | The Hindu Business Line
The Hindu Business Line –September 20, 2005

Nucleus Software signs contract with Jordan based Arab Bank

MUMBAI: Nucleus Software Exports Ltd on Monday said that it had signed a contract with Jordan-based Arab Bank, for implementing its loan originating system (LOS), collections and lending solution for retail and corporate customers.

The company's solution LOS is based on a Web-based module, which will act as a front end to lending systems of Arab Bank and will automate and manage the complete application processing flow of any retail finance instrument, Nucleus informed the Bombay S tock Exchange.

'FinnOne Collection' solution provides framework to track and recover money from delinquent customers with facilities such as case allocation, case escalation, contact recording and litigation tracking. 'FinnOne Lending' solution assists banking and finance companies in introducing new product offerings and tailor made schemes, reducing timeto-market and automating processes within the retail loan space, it said.

"With this order, Nucleus has further consolidated its position in the Middle East banking space. We are proud to be associated with leading banking and financial institutions. These relationships stand testimony to our vision of being a leading player in the global banking products arena," said Mr. Vishnu R Dusad, Managing Director, and Nucleus Software. - PTI

Indiainfoline.com - September 19, 2005

Nucleus Software signs contract with Arab Bank

Nucleus Software Exports Ltd on Monday announced that it has signed the contract with Arab Bank, Jordan, to implement its Loan Originating System (LOS), Collections and Lending Solution for retail and corporate customers.

The bank has chosen its flagship product for a global implementation, the Company said.

LOS will act as a front end to lending systems of Arab bank. This solution completely automates and manages the complete application processing flow of any retail finance instrument. It will serve retail and corporate customers.

FinnOne Collection provides framework to track and recover money from delinquent customers with facilities like case allocation, case escalation, contact recording and litigation tracking.

FinnOne Lending assists Banking and Finance companies in introducing new product offerings and tailor made schemes, reducing time-to-market and automating processes within the retail loan space.

Vishnu R Dusad, MD, Nucleus Software Exports Ltd, said, "With this order, Nucleus has further consolidated its position in the Middle East banking space. We are proud to be associated with leading banking and financial institutions. These relationships stand

Newkerala.com - September 20, 2005

Nucleus Software signs contract with Jordan's Arab Bank:

Mumbai: Nucleus Software Exports Ltd has signed a contract with Jordan's Arab Bank to implement company’s' loan originating system (LOS), collections and lending solution for retail and corporate customers.

Informing this to BSE here today, the company said the Bank has chosen its flagship product 'FinnOne' for a global implementation.

Based on a web-based module, LOS will act as a front end to lending systems of Arab Bank. This solution completely automates and manages the complete application processing flow of any retail finance instrument.

'FinnOne' collection provides framework to track and recover money from delinquent customers with facilities like case allocation, case escalation, contact recording and litigation tracking. For lending, it assists banking and finance companies in introducing new product offerings and tailor made schemes, reducing time-to-market and automating processes within the retail loan space.

Commenting on the announcement, Nucleus Software's Managing Director Vishnu R Dusad said, ‘‘with this order, Nucleus has further consolidated its position in the Middle East banking space. We are proud to be associated with leading banking and financial institutions. These relationships stand testimony to our vision of being a leading player in the global banking products arena.''

Web123india.com - September 19, 2005

Nucleus Software signs pact with Arab Bank

Nucleus Software Exports Ltd, one of India's mid-size tech firms, Monday said it had signed an agreement with Jordan's Arab Bank for implementing banking software.

Under the agreement, Nucleus Software will implement its loan originating system, collections and lending solution for retail and corporate customers of Arab Bank, said a statement issued to the Bombay Stock Exchange.

The bank has chosen Nucleus Software's flagship product for a global implementation, said the statement.

Nucleus Software said its loan originating system would act as a front end to lending systems of Arab Bank. The solution automates and manages the complete application processing flow of any retail finance instrument.

"With this order, Nucleus has further consolidated its position in the Middle East banking space," said Vishnu R. Dusad, managing director of Nucleus Software Exports.

"We are proud to be associated with leading banking and financial institutions. These relationships stand testimony to our vision of being a leading player in the global banking products arena."