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Press Release

Sun Micro, Nucleus Soft sign OEM pact

October 6, 2004 | Press Release
Sun Microsystems India on Tuesday announced signing of an original equipment manufacturers (OEM) agreement with software products company Nucleus Software Exports Ltd for deploying Sun Java Enterprise System (JES) in existing and future products of Nucleus.

"Nucleus Software is the first ISV partner in India to have chosen JES as the development platform for its Internet banking solution - BankONet. With the usage of JES stack, Nucleus Software expects to decrease 70 man-months of effort and five calendar months in the time to market, for new products," a release issued by Sun Microsystems said.
With this partnership, Nucleus aims to provide its customers enhanced value for the same transaction by offering wider solution footprint and lower `total cost of ownership' besides overcoming the complexities of dealing with multiple vendors.

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 300,000 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 :

For Media related information, please contact:

Sunil Kumar Singh / Kiran Hans Khowal

Finese PR

Phone: +91-9818363518 | +91-8375969143