Infy launches Finacle Treasury-In-A-Box

BANGALORE, INDIA: Indian IT major Infosys Technologies today announced the launch of Finacle Treasury-in-a-Box, a rapid implementation framework for an integrated front, middle and back office treasury system.

Built on best-of-breed open technology platforms, providing high scalability, flexibility and straight-through-processing capability, Finacle Treasury-in-a-Box allows banks to get started with minimum scoping effort and leverage an extensive menu of features, interfaces and functionalities, it said in a press release.

It supports a wide range of financial products and their derivatives in foreign exchange, money markets, fixed income and equities.

According to Haragopal Mangipudi, global head - Finacle, Infosys Technologies, "With Finacle Treasury-in-a-Box, banks have a viable alternative in an easy-to-use, innovative solution that grows with evolving requirements.”

He said rapid implementation with controlled spending is of essence since banks can select the functions that matter the most.

“Time to market advantage is critical for any successful implementation and Finacle Treasury-in-a-Box is designed to help our clients reap this benefit,” he added.

Infosys said Finacle has a global footprint across 65 countries and it is also the winner of a series of awards for its innovation and implementation capabilities, the most notable ones being The Banker Technology Award, The Asian Banker IT Implementation Award and The Banking Technology Judge's Special Award for "Innovative Use of IT".