Infosys Launches Finacle Analyz For Banks

Infosys Technologies Ltd, a well-known Indian software and services company, has announced the launch of Finacle Analyz, a comprehensive solution that empowers bank staff to make faster, insight-based decisions to strengthen customer relationships and improve profitability. It is meant to enable holistic customer analysis for banks, with insightful business reports, executive dashboards, rigorous statistical models, and help banks strengthen customer management strategies across the lifecycle. In addition to back-end reporting analytics capabilities, bank staff can view diagnostic output like customer scores for efficient decision-making during customer interactions. It also complements the Finacle operational data store (ODS), an enterprise wide data warehouse for a comprehensive data and business view across customers, products, transactions and channels. The press release said that Finacle Analyz also offers a self-service portal for the bank's customers to manage their financial and lifestyle-related pursuits.

According to Haragopal Mangipudi, Global Head - Finacle, Infosys Technologies, "Finacle Analyz solution moves a step ahead from traditional analytical offerings by providing extensive business analysis capabilities to banks and their customers at the same time. It is an integral solution for banks to strengthen customer relationships with the new age customer who appreciates personalized interaction and self service."

Background of Finacle Universal Banking Solution
Infosys' Finacle™ software solution (which was in existence years before Finacle Analyz) is claimed to have a global footprint, and acknowledged among leaders in the core banking solution space by top analysts. Finacle solutions address the core banking, e-banking, Islamic banking, treasury, wealth management and CRM requirements of retail, corporate and universal banks worldwide.