ミーティングをリクエスト
ミーティングをリクエスト
ミーティングをリクエスト

デモをリクエスト
デモをリクエスト
デモをリクエスト

Press Release

Reem Finance selects Nucleus Software flagship product FinnOneTM

April 7, 2008 | Press Release
New Delhi, April 7, 2008: Nucleus Software (NSE: NUCLEUS, BSE: NSEL), a leading global provider of next generation software products for banking and financial sector, today announced that its flagship product FinnOne™ has been selected by Reem Finance, one of leading non banking financial institutions headquartered in Abu Dhabi. With this win, Nucleus has further strengthened its leadership position as a premier lending solution provider for the financial industry in the Middle East Region.

Reem Finance, incorporated in February 2008 is a financial institution providing financial services for businesses and individuals. It is licensed and regulated by the Central Bank of the UAE. Reem Finance has been established as a joint stock company with an issued capital base of AED 400 million by leading business groups in the UAE including Sorouh, Reem Investments, First Gulf Bank and Al Qudra Holdings.

As a new start up, Reem Finance was looking at a comprehensive solution to cater to end-to-end needs of its 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 Reem finance a strategic advantage by increasing its profitability ensuring reduced turn around time in processing and disbursing loans, managing its delinquent customers.

Commenting on the selection, Mr. Nicholas Lehmann, CEO, Reem Finance, said, “Nucleus' unique product offerings combined with their unsurpassed reliability provides our organization an unparalleled opportunity to gain a competitive edge and endow our customers with world class services tirelessly and efficiently. As the competition in the market intensifies, we need solutions that allow us to fulfill business requirements with speed and agility, and Nucleus' products set the benchmark in these areas as well.”

“We are pleased to partner with Reem Finance as it is one of the leading NBFC in the region. This will provide us with unique opportunity to strengthen our presence in the Middle East region and to assimilate, tailor our products to meet the unique challenges in the region” says Vishnu R. Dusad, CEO & Managing Director, Nucleus Software Exports Limited.

About Reem Finance:

Reem Finance is an Abu Dhabi headquartered finance company incorporated in February 2008 as a financial institution providing financial services for businesses and individuals. The company is licensed and regulated by the Central Bank of the UAE.
Reem Finance has been established as a joint stock company with an issued capital base of AED 400 million by leading business groups in the UAE including Sorouh, Reem Investments, First Gulf Bank and Al Qudra Holdings. Reem Finance prides itself on offering fresh thinking and taking a creative approach to finance. From the moment the customer makes an enquiry through to delivery of the agreed product, Reem Finance believes that the process should be as simple and stress free as possible. The company provides a wide range of innovative products and services both standardized and structured, that meet financial needs of individual and corporate customers. The impressive Head office is based in Al Bateen, Abu Dhabi, and reflects the company's commitment to quality. Customer service hours are between 8:00 am and 5:00 pm, Sunday to Thursday but corporate customers will have access to an out of hour’s service. The latest in financial technology has been employed with the Nucleus FinnOne™ banking software being implemented across all products. From the start the company has adopted a proactive Emiratisation and training policy with over 20% of the workforce being UAE Nationals.

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