Nucleus Software, the leading provider of lending and transaction banking products to the global financial services industry, today announced that Bank of Sydney has chosen Nucleus Software’s flagship lending solution, FinnOne Neo®, to accelerate its digital lending transformation strategy.
Bank of Sydney wanted a sophisticated lending solution to automate and digitize the origination processes for mortgages and credit cards. This would enable greater end-to-end acquisition and management of online customers.
With FinnOne Neo®, Bank of Sydney will be able to launch new products faster, accelerate growth and offer next generation digital banking experiences to its customers. The solution will digitize the bank’s complete, end-to-end loan lifecycle. FinnOne Neo® will enable Bank of Sydney to connect with customers across a range of channels, while helping them make better credit decisions faster.
FinnOne Neo® is the next-generation lending solution built on an advanced technology platform, designed to shape the future of lending across Retail and Corporate sectors. The solution also helps comprehensive loan servicing and sophisticated delinquency management. FinnOne Neo® has been designed to meet the challenges of delivering agile and efficient solutions while reducing the cost of operations. With implementations across 50 countries, FinnOne Neo® has been recognized as the world’s best-selling lending solution for over 10 years.
Mr. Miltos Michaelas (CEO, Bank of Sydney) said, “As our customers’ needs evolve, technology has an ever-greater role to play in helping us achieve our goals. FinnOne Neo® will allow us to launch new products faster, accelerate growth and offer a great digital banking experience to our customers. Ultimately, it will free up our people so that they can spend more time doing what matters – helping customers manage their banking needs.”
Mr. Parag Bhise (CEO, Nucleus Software) said, “We are delighted to welcome Bank of Sydney to our rapidly growing customer base in Australia and to our global family of more than 200 financial institutions. Bank of Sydney with its belief in the power of real human connection, understands the need to embrace technology while delivering value to the customers. FinnOne Neo® will give them the enhanced capabilities to build strong enduring relationships with their customers. ”
About Bank of Sydney
Click here to know more about the company: www.banksyd.com.au
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 delivers disruptive Fintech Solutions to 200+ Banks and Financial Institutions across 50 countries supporting Retail, Corporate & SME Finance, Islamic Finance, Automotive Finance, Captive Automotive Finance, Cash Management, Mobile & Internet Banking, Transaction Banking and more. We facilitate over 26 million transactions each day through our globally integrated transaction banking platform. Our lending platform manages US $ 500 billion of loans in India alone, and over US $700 billion of loans globally other than India, while enabling 500,000+ users to log in daily.
Our Flagship Products FinnOne Neo® and FinnAxia® are backed by more than 3 decades of BFSI domain expertise and an inbuilt AI powered platform to realize the digital transformation goals of FIs worldwide.
- FinnOne Neo®: The next-generation digital lending platform, designed to revolutionize the lending process. FinnOne Neo® is built on an advanced technology platform, empowering financial institutions to streamline their lending operations, enhance customer experiences, and drive business growth.
- FinnAxia®: An integrated global transaction banking suite, trusted by banks worldwide to optimize their transaction banking processes. With FinnAxia®, financial institutions can efficiently manage their cash management, trade finance, liquidity management, and other transaction banking activities on a single platform, thereby improving operational efficiency, visibility, and enhancing client relationships.
- PaySe™: The world’s first online and offline digital payment solution, created with the vision to democratize money. This innovative payment solution offers users a seamless and convenient way to conduct digital transactions, both online and offline, facilitating financial inclusion and empowering individuals and businesses.
- Nucleus Software Services: Our comprehensive suite of services is tailored to assist banks and financial institutions in their digital transformation journey and maintain an optimal technology infrastructure. Through Nucleus Software Services, we offer a holistic approach to digital transformation, enabling organizations to deliver seamless customer experiences, achieve operational and cost efficiencies, and gain actionable insights to drive strategic decision-making.
These offerings collectively underline Nucleus Software’s commitment to driving innovation and empowering financial institutions to thrive in an increasingly digital world.
For Media related information, please contact:
Deepika Gulabani
Corporate Communications
Email: deepika.gulabani@nucleussoftware.com
Phone: +91-9310334963
Lending
Transaction Banking
Financial Inclusion
