BANGALORE: Infosys Technologies has announced that treasury and wholesale banking would be a major focus area in European market for its Banking Business Unit. Finacle, the Infosys e-Platform for the global banking industry, has recently been augmented with the acquisition of a treasury solution, which is now being marketed under the brand - Finacle Treasury.

Finacle Treasury is an integrated front, middle and back office treasury system that provides full straight-through-processing (STP) and covers the full breadth of instruments across money markets, foreign exchange, fixed income products and their derivatives.

It supports full back office processing capability including General Ledger and extensive middle office features such as limit management, risk and liquidity management. Additionally, it supports continuous 24x7 trading across geographical regions with global replication capability.

It is based on new generation technologies (OO design, ORB based 3-tier architecture) and offers openness, interoperability and extensibility. Finacle Treasury is optimized for the Sun platform and leverages its powerful capabilities to provide a very high level of scalability.

Infosys, Senior Vice President and Head Banking Business Unit, Girish Vaidya, said "Infosys is a highly successful and financially viable global company, one of our visions is to be an end-to-end player and global leader in the enterprise banking products space.

Finacle Treasury, a recent addition to our Finacle suite, is a special focus area for Infosys and we are committed to investing in this product to make it a great success and a global leader in its space. We believe that in the current challenging global financial markets, Finacle Treasury with its new generation architecture and comprehensive functionality, backed by Infosys proven end-to-end global delivery capability, offers banks a unique value proposition unmatched in the industry. "