FinnOneTM goes live at Bussan Auto Finance India
May 6, 2008
| Press Release
Nucleus Software (NSE: NUCLEUS, BSE: NUCLEUSSOFT), a leading global provider of next generation software products for banking and financial sector, today announced that FinnOne™ Suite has gone live at Bussan Auto Finance India. Nucleus has implemented FinnOneTM Customer Acquisition System, Loans Management System, Collections and General Ledger System.
Bussan Auto Finance India Pvt. Ltd. is a newly established finance company promoted by Bussan Automotive Singapore Pte. Ltd, Yamaha Motors Asia Pte. Ltd. in Singapore and Axis Bank Ltd. in India. As a new start up, Bussan Auto Finance India was looking at a comprehensive solution to cater to endto-end needs of its automotive lending business. FinnOne™ Customer Acquisition System, Lending, Collections, and General Ledger was the best fit looking at the proficiency in automating, consolidating and providing operational excellence in the lending business for the entity. FinnOne™ Suite will provide Bussan Auto Finance India a strategic advantage by ensuring reduced turn around time in processing and disbursing loans, managing its delinquent customers.
Commenting on the selection, Mr. Shigeo Enomoto Chairman and Managing Director, Bussan Auto Finance India Pvt Ltd said, “An in-depth understanding of the banking and financial services industry and expertise in managing the requirements of automotive financing companies from lending perspective had prompted us to forge this alliance with Nucleus. With FinnOne™ going live at Bussan Auto Finance India, we are pleased to offer our customers world class services with a great operational excellence across our lines of business.”
Vishnu R Dusad, CEO & Managing Director, Nucleus Software said, “Non Banking Financial institutes across the globe are revamping their technology infrastructure rapidly, and Nucleus is strongly positioned to help them refurbish their operations to be at par with global conglomerates. We are confident that with successful implementation of FinnOne™ at Bussan Auto Finance, we will be able to augment the company’s growth by playing a pivotal role as their technology partner.”