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Press Release

Nucleus Software’s FinnOneTM is the Global No. 1 Lending Product for the 6th Consecutive Year*

March 19, 2014 | Press Release
New Delhi, March 19, 2014: Nucleus Software (NSE: NUCLEUS, BSE: 531209), a leading global provider of software products for banks and financial institutions announced that International Banking Systems (IBS), UK has awarded its flagship product FinnOneTM as the No. 1 Best Selling Lending Banking System for the 6th consecutive year, in its annual Sales League Table 2014. IBS Publishing is an independent research and publishing house dedicated to news, research and analysis covering banking operations and systems internationally.

On this occasion, Mr. Vishnu R. Dusad, CEO & Managing Director, Nucleus Software, said, “We are proud to receive this award for the 6th consecutive year now. Nucleus is one of the few Indian IT companies whose products have a resounding acceptance amongst the top tier banks and financial institutions across globe. This award is a reiteration of the consistent value we deliver to our esteemed customers through a deep domain knowledge in the lending and transaction banking space. Over the last 27 years, we have created a profound understanding of our customer’s industry and business. We have learnt from the best, and applied that understanding to invest in some of the most acknowledged IT products for the banking and financial services industry”. 

Nucleus Software’s leadership position is an endorsement of its customer centricity and strong customer references and this award is a step ahead in that direction. The software modules of FinnOneTM, which integrate with each other seamlessly, provide operational and decision-making support to all business lines of banks and financial service companies. The FinnOneTM suite provides solutions for the asset side of the business, core financial accounting, and customer service. However, organizations which provide only select services will find that each module can be deployed independently, as per their requirement. FinnOneTM focuses on both retail and corporate loans, thereby emerging as a comprehensive solution to support any line of lending business.

Nucleus Software’s leadership position is an endorsement of its customer centricity and strong customer references and this award is a step ahead in that direction. The software modules of FinnOneTM, which integrate with each other seamlessly, provide operational and decision-making support to all business lines of banks and financial service companies. The FinnOneTM suite provides solutions for the asset side of the business, core financial accounting, and customer service. However, organizations which provide only select services will find that each module can be deployed independently, as per their requirement. FinnOneTM focuses on both retail and corporate loans, thereby emerging as a comprehensive solution to support any line of lending business.

Business Benefits of FinnOneTM include: •
  1. Seamless integration with current core banking systems 
  2. Parameterization for unique and scenario-based handling of various parameters of accounting, such as charges, billing and accruals
  3. Facilitating business profitability through acquisition of new customers and selling customized offerings to existing customers
  4. Automating the process of lead capture, tracking, follow-up and closure for various loan offerings of the bank
  5. Creating an architecture for organization of data, distributed across the various stages of a sales process
  6. Automation of processes leading to reduced human intervention and faster decision making
  7. Avoiding mishandling of potential opportunities by simplifying the complex interaction process between leads and sales professionals
  8. Providing Prospect Filtration and defining sales strategy
  9. Risk management handling for risk rating, policies and scoring
Nucleus Software combines the strength of a global organization, with a relentless focus on product development assimilating global best practices. Nucleus Software has its lending and cash management product implementations in more than 50 countries today, supporting the needs of banks and financial institutions in some of the most demanding environments. The company offers a host of market leading IT solutions and consultancy services across retail banking, corporate banking, cash management and internet banking. With over 150 customers across the globe, the company consistently invests in cutting edge innovation in the financial services domain.



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