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Press Release

Nucleus Software Ranked Amongst Top 5 Indian Companies for Corporate Governance

November 10, 2011 | Press Release
New Delhi, November 10, 2011‐  Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209), a leading global provider of integrated software products for banks and financial institutions, today announced that it has been ranked amongst the Top 5 Companies for Best Corporate Governance Practices in India by IR Global Rankings (IRGR). Globally well recognized and familiar to many NASDAQ listed Indian companies, this was a debut event exclusive for the Indian companies listed on NSE/BSE. 

IR Global Rankings (“IRGR”) announced the 2011 Best Ranked Companies in India at The IR Summit ‐ India, held in Mumbai on November 2, 2011. IRGR is a comprehensive ranking system for investor relations websites, online annual reports, corporate governance practices and financial disclosure procedures. The ranking is based on an extensive technical proprietary research of publicly traded companies through a clear and transparent methodology and is supported by key global institutions such as Arnold & Porter; KPMG; MZ and Sodali. The other companies that have been ranked amongst the Top 5 are Infosys, Kotak Mahindra Bank, Persistent Systems and Hindustan Unilever

Mr. Vishnu R. Dusad, Chief Executive Officer and Managing Director, Nucleus Software Exports Limited said, “We are pleased to be recognized by IRGR for our efforts towards building and practicing good corporate governance practices. Being ranked amongst the top 5 companies in India shows our commitment to a strong governance philosophy based on transparency, trust, accountability and ethics. Our endeavor is not only to comply with the statutory requirements, but also voluntarily formulate and adhere to a set of strong corporate governance practices. Our investors’ and customers’ trust is extremely valuable to us, and this recognition, therefore, endorses our corporate governance framework and practices. ” 

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