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Press Release

Nucleus Software inducted into the Prestigious "Hall of Fame" by the Institute of Chartered Accountants of India (ICAI)

February 11, 2014 | Press Release
New Delhi, February 11, 2014: Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209), a leading provider of software products and solutions for the global banking and financial services industry, today announced that the Annual Report including the financial statements of the Company for the year ended March 31, 2013, was inducted into the coveted Hall of Fame by the Institute of Chartered Accountants of India, in the category, Service sector (other than financial services) with turnover less than Rs. 500 crore, of the ‘ICAI Awards for Excellence in Financial Reporting’ for the year 2012-13.

The Hall of Fame honour is awarded to an entity for winning the Gold Shield for Annual Report and Accounts of the Company, in the same category, for five years consecutively. Nucleus Software received the award at a ceremony held in New Delhi. Hon’ble Shri Manish Tewari, Union Minister of State for Information and Broadcasting (Independent Charge) was the Chief Guest and Hon’ble Justice Shri G.S. Sistani, Judge, Delhi High Court was the Guest of Honour at this event.

Mr. Vishnu R Dusad, CEO and Managing Director and Mr. Prithvi Haldea, Non-Executive, Independent Director of Nucleus Software received the award on behalf of the Company.

On this occasion, Mr.Vishnu R. Dusad, CEO & Managing Director, Nucleus Software, said, “We are committed towards maintaining high standards of transparency and accountability while safeguarding the interests of all our stakeholders. Being awarded the Hall of Fame reflects our dedication to global best practices in accounting and reaffirms our dedication towards achieving high standards of excellence in financial reporting”.

The awardees were selected by the panel of judges on review of accounting practices adopted by the participating enterprises in the preparation of financial statements and the policies adopted for disclosure and presentation of financial statements and other information in the annual reports without regard to their financial condition and operating performance. On the basis of degree of compliance with the Accounting Standards, statutory guidelines and other relevant pronouncements, the Gold Shield is awarded to the best entry. The distinguished Jury, for this year was chaired by Shri T. S. Vijayan, Chairman, Insurance Regulatory and Development Authority (IRDA).

About Nucleus Software

Nucleus Software Exports Ltd. is a publicly traded (BSE: 531209, NSE: NUCLEUS), software product company that provides lending and transaction banking products to global financial leaders.

Nucleus Software powers the operations of more than 200 Financial Institutions in over 50 countries, supporting retail lending, corporate banking, cash management, mobile and internet banking, automotive finance and other business areas. Its products facilitate more than 26 million transactions each day, managing over US $ 200 billion of loans and enabling more than 200,000 users logging in daily.

Nucleus Software’s flagship products, built on the latest technology are:
  • FinnOne NEOTM : The next-generation digital lending solution that is built on an advanced technology platform, designed to shape the future of lending across Retail, Corporate and Islamic sectors for banks and other financial service companies. The 10 time winner of ‘World’s Best Selling Lending Solution’, helps digitize the complete loan lifecycle.
  • FinnAxiaTM : An integrated global transaction banking solution used by banks worldwide to offer efficient and Innovative global payments and receivables, liquidity management and business internet banking services.
  • PaySeTM : The world's first online & offline digital payment solution designed and created with an aim to democratize money by making banking services available to the unbanked in remote geographies.
For more information, please visit : http://www.nucleussoftware.com

For Media related information, please contact:

Sunil Kumar Singh / Kiran Hans Khowal

Finese PR

Email: nucleus@finesepr.com
Phone: +91-9818363518 | +91-8375969143