February 8, 2022
Delhi, February 8, 2022: Nucleus Software, the BSE & NSE listed, India’s leading provider of lending and transaction banking solutions to the global financial services industry, announced its financial results on February 7, 2022 for the quarter ended December 31, 2021. Reinforcing their commitment to drive the digital transformation of the BFSI industry, the company is continuing to invest heavily in talent and futuristic technologies to ensure long term growth.
Highlights of the Quarter Ended December 31st, 2021
Commenting on the quarter results, Mr. Vishnu R Dusad, Managing Director, Nucleus Software, said: “This is one of those unique years, when despite the huge turbulences in the environment, we have taken some of the strongest and boldest steps to continue building strength for all our stakeholders. We have continued to innovate for our customers coming out with brilliant six monthly releases, full of ultra-flexible ultra-rich functionalities. Opportunities for all the Nucleites to continue growing to the best of their abilities have been further enhanced during the period. Likewise for our shareholders we have completed a Buyback, that is the biggest so far, in the process ensuring that all our stakeholders’ interests are taken care of. ”
Mr. Parag Bhise, Chief Executive Officer, Nucleus Software, said: “While it continued to be another tough Quarter, I am happy to share that we have been able to recruit a large number of freshers and they are at various stages of onboarding including many who have started to contribute to our deliveries and thus to the topline. We are otherwise experiencing good traction from the market, both with our existing as well as new customers and we have a sizeable work in hand as well as a strong pipeline. With many initiatives taken in this quarter to strengthen both the security and helping Nucleites in upgrading the skills and knowledge by providing them with better working environment, we are expecting significant productivity gains to come in, in the coming quarters. ”
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 Lending, 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.
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