Infy’s Finacle enters Thailand market

BANGALORE: Infosys Technologies Ltd. has announced that it will market its Finacle suite of banking solutions in Thailand through partnerships with Thailand-based players Datamat Ltd. and Yip In Tsoi and Co Ltd., which will act as the Indian major’s its channels for sales in Thailand.

Infosys had entered into an alliance with Sun Microsystems earlier this year, to jointly market its product with Sun’s platform to banks across the world. Banks will have access to the applications built on a scalable and proven platform. Datamat and Yip In Tsoi will represent both Infosys as well as Sun Microsystems in the initial pre-sales stage.

Infosys’ Finacle suite of banking product includes like Finacle Core Banking, the new generation core banking solution; Finacle Treasury, the end to end treasury solution; Finacle eChannels, the consumer e-banking solution; Finacle eCorporate, the comprehensive corporate online banking solution and Finacle CRM, the banking specialty CRM solution.

Infosys Technologies, Associate Vice President and Head Global Sales and Marketing, Banking Business Unit, Merwin Fernandes, "World over the financial industry is witnessing an IT revolution. Infosys has an excellent suite of world class products under the Finacle umbrella, a proven delivery track record and strong relationships with some of the largest financial institutions in the world. By signing a channel partner agreement with Datamat and YIT, Infosys has embarked on a strong marketing strategy for Thailand and I believe this will contribute to gaining a strong foothold in this market."

Datamat, Executive Vice President, Bhana Swasdibutara, "We are pleased to partner with Infosys Technologies. Infosys is a good example of an Asian company that has entered global markets and performed exceedingly well in them. Datamat is in a position to add significant benefit to Infosys as one of its channel partners. We look forward to a long and fruitful relationship with Infosys."

YIT, Managing Director, Thienchai Lailert, said, "We are excited about partnering with Infosys Technologies. Infosys' range of products for the banking sector has been recognized as some of the world's best. Banks in Thailand have just begun their automation process and we believe Infosys will be able to provide them with the solution they are looking for."