NEW DELHI, INDIA: Nucleus Software Exports Limited, a global provider of integrated software products for banks and financial institutions, on Monday announced that ING Vysya Bank has implemented its lending software solution FinnOne to drive its consumer lending business across its branches in India.

Selected after a thorough evaluation of the various system proposals, ING Vysya has implemented FinnOne Customer Acquisition System (CAS) version 3.7, Loan Management System (LMS) version 3.8 and Collections version 3.7.

This execution has helped the bank to automate its Auto Loan, Home Loan, Personal Loan, Education Loan and Consumer loan functions, thereby enabling quick turnaround time to provide loans to its customers.

“We were very focused on investing in a platform with the aim of upgrading the client experience and building our commitment to making banking easier for customers,” said CVG Prasad, Chief Information Officer, ING Vysya.

“The need was for a seamless system interface across the front office, processing centre and customer service units; which would crunch turn-around-time for customers and enable the bank to process higher volumes, faster. Nucleus Software’s excellent track record in the financial services sector made FinnOne a clear choice for us. We are sure that this implementation will optimize all our consumer lending operations,” he added.