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Press Release

Nucleus Software launches new J2EE version of its cash management software product CASH@WillTM

September 9, 2009 | Press Release
New Delhi, September 9, 2009: Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209), a leading global provider of integrated software products for banks and financial institutions, today announced the launch of the new version of its Cash Management software product, CASH@WillTM . Much more robust and technologically advanced than its previous versions, the latest CASH@WillTM is based on J2EE framework - ‘n’ tier architecture. Apart from technological upgrade this version has many functional enhancement too.

When it comes to transaction banking the traditional suite of domestic payments processing products no longer satisfy the needs of the consumer demands of more services, more transparency and a quicker response time. The newer more flexible and scalable version of CASH@WillTM has been enhanced manifolds to provide cutting edge to Nucleus' clients in transaction banking domain. CASH@WillTM J2EE version will enhance banks and financial institutions ability to differentiate themselves through offering their clients a single platform for processing their cash management and trade transactions.

The new version is packed with additional features like powerful limit and exposure management module, supply chain community based workflow definition, a dynamic cash flow forecasting, delinquency tracking and management. It will support various products like pre-shipment financing, invoice discounting, factoring and reverse factoring services. It is also equipped with integrated risk management and tracking through alerts and exceptions. Amongst the various key customer benefits, some are, lower band-width requirement, operating system and application server independence, single channel for multiple products and services, simplified end to end reconciliation and a secure and robust web based platform.

As one of the country's leading IP creators Nucleus Software has always been a clear leader when it comes to launching innovative products propelled by its strong "R & D" culture. The benefits of this commitment & culture are largely transferred to our clients in form of cutting edge technology products and services offered.

On this occasion, Vishnu R. Dusad, CEO & Managing Director, Nucleus Software, said, “The cash management services market is growing rapidly and in need of more innovative, flexible and scalable solutions to cope with the changes. We are happy to be at the forefront of things, listening to our clients and creating new solutions to help them lead in the banking and finance industry. We are confident that the newer version of CASH@WillTM will help our clients achieve higher efficiencies while addressing the growing demands of their customers.”

Nucleus will be launching the new J2EE version of its cash management software product, CASH@WillTM , at world's premier banking event SIBOS on 14th September 2009 at Hong Kong.

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