Tuesday, 11 July 2017

EdgeVerve to Offer Finacle Suite of Solutions on Amazon Web Services

By 121 News

Chandigarh 11th July:- EdgeVerve Systems, a wholly-owned subsidiary of Infosys (Infosys; NYSE: INFY), today announced the availability of its Finacle suite of solutions on Amazon Web Services (AWS). With this, banks around the world can securely leverage Finacle's industry-leading solution suite, along with other enterprise-class applications hosted on the AWS Cloud.

This new offering allows banks to either use the entire suite of Finacle solutions or choose to implement specific Finacle offerings. Such select implementations will also help banks swiftly move to a truly digital experience, ensuring their customers have world class banking experiences across devices and platforms.

Sanat Rao, Chief Business Officer and Global Head, Infosys Finacle said that at Infosys Finacle, we believe that cloud adoption can dramatically change the way banks operate. In the era of constant change, cloud solutions provide the much needed agility for banks to innovate continuously, both within the enterprise as well as with external ecosystem. We believe that along with AWS, we can help banks gradually adopt cloud to cope with ever changing customer needs, operational pressures and volatile business demands.

Frank Fallon, Vice President, Global Financial Services, Amazon Web Services, Inc. said that we understand that banks are dealing with ever increasing customer expectations, expanding regulatory oversight, increased competition, heightened threats to information security, and scarce resources. At AWS, we help banks innovate faster by combining startup agility with enterprise experience and resources, eliminating costly technical debt and reducing risk. Together with Finacle, banks are accelerating their adoption of AWS for critical workloads, and deriving the core benefits of increased security, agility, and scalability, while focusing on what really matters – building great applications for their customers, not in investing in costly and complex infrastructure.