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Nucleus Software Exports Bags Contract from Indonesian Bank

September 13, 2006
Nucleus Software (Q, N,C,F)* Exports today bagged a contract to implement `FinnOne LOS and FinnOne Collections & Recovery Management System Solutions` with Lippo Bank, Indonesia. Lippo Bank is one of the largest private sector banks in Indonesia.

This system will enable the bank to enhance its `one-stop` banking services, resulting in easy inter-operability across its 396 branches and developing efficient work flow systems in their lending business.

Currently the bank providesa `one-stop` banking services in retail, consumer and commercial segments, and international products. It provides attractive investment instruments for its individual and corporate customers with a total of more than 2.9 million accounts.

Nucleus Software Exports, with its flagship product FinnOne today has over 124 clients across the globe, mainly from APAC Europe, Middle East, Africa, and America.

FinnOne LOS automates and manages the complete application processing flow of any retail finance instrument (auto loans, personal loans, home loans, credit cards or even services related applications).

* Q - Quote , N - News , C - Chart , F - Financials