Nucleus Software, the provider of lending and transaction banking solutions to the global financial services industry, has announced its strategic partnership with Microsoft to deliver the latest version of the lending software, FinnOne Neo, on Microsoft Azure.
The global banking and financial services industry is undergoing a major transformation driven by growing competition and new technology. The growth of cloud technology is emerging as a key driver for change, allowing established players and new competitors alike to respond to customer needs with innovative products and easy availability of services with low overheads. As a result cloud computing services are becoming popular across the banking landscape as they reduce complexity and costs while improving agility for delivering banking solutions.
“Making FinnOne Neo available on the cloud will provide banks and finance companies with a much needed lending platform that is secure, scalable and responsive to the changing customer demands,” said Arup Das of Nucleus Software.
Harish Vaidyanathan of Microsoft India said, “We are looking forward to a partnership with Nucleus Software in leveraging the best of Microsoft platform to provide differentiated value to our BFSI customers.