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IBS Publishing recognizes Nucleus Software's FinnOneTM as No.1 Best Selling Retail lending Software

March 7, 2007
Nucleus Software Exports Ltd, on March 07, 2007, has announced that its flagship product FinnOneTM, with a customer base comprising leading names the banking and financial services industry across the globe, has been recognized as the "No. 1 Best Selling Retail lending Software" by IBS Publishing for the year 2006.

IBS publishing, UK based financial consultant catering to banks, their advisors and other financial institutions is an independent research and publishing house dedicated to wholesale, retail and private banking systems market. The IBS Sales League Table is compiled on a worldwide survey of sales of banking solutions to new named banking wins in the calendar year, a stock-take of who is choosing what in the core systems market. During the survey that independently tracks the financial product marketplace, FinnOneTM was ranked the best in the lending category. The Company emerged a winner defining its retail lending leadership position in the retail banking industry.

FinnOneTM retail solution is known for its capability to automate and manage the complete application processing flow for Retail and Corporate Financing as well as credit cards, allowing banks and non-banking companies to integrate the different touch-paints in their supply chain for acquisition prospecting and pre disbursal processing. The solution ensures anytime, anywhere access, ensuring ease in operation and instant information availability to the financial institution on credit card transactions. The solution also allows seamless integration between branch / regional offices and the central processing department of the institution.

Commenting on the win, Vishnu Dusad, CEO & MD of the Company said, "We are proud to see our flagship product FinnOneTM recognized as the "No 1 Best Selling Retail Lending Software" globally. The focus on specialized solutions give reliability of growth along with sustained quality of the solutions delivered. This recognition will only propel us to continue our quest to take technology to the next level and our commitment to offer our customers across the globe a distinct business advantage."

The Company with its flagship product FinnOneTM has over 141 clients across the globe. It is a fast - growing player with a leadership position in regions spanning APAC, Europe Middle East and Africa.

The Company, on March 07, 2007, commands leadership position in the domestic retail banking space with a client base comprising most leading banks in India. Experiencing exponential growth in the retail banking scenario, the Company is focused to deliver strong technology offerings, enabling financial institutions to meet the demands of the dynamic business world.

Source: Equity Bulls