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Nucleus Software's FinnOneTM solution chosen by Swiss firm

September 4, 2012 | IRIS
Nucleus Software Exports, a provider of integrated software products for banks and financial institutions, today announced that eny Finance, a newly established financial services provider in Switzerland has successfully implemented FinnOne Loan Management System (LMS) and Collections module of FinnOne Suite. FinnOne solution will empower eny Finance to enhance their operational efficiency by automating the entire system of lending and collections, thereby reducing the operational costs substantially.

eny Finance has implemented FinnOne with aim of achieving seamless integration of banking systems bearing in mind the economic conditions of the market vis-a-vis agrressive competition.

Commenting on the successful implementation, Dieter Lutzelschwab, CEO, eny Finance said, ``We were looking for a solution that could us the right blend of services. The flexibility of the product and robustness of the architecture is what facilitated the decision making at our end. Nucleus` (Q,N,C,F)* domain expertise added to the strength of their offering. Given the fact that eny Finance is at an early stage of growth, it was imperative that we partner with a solution provider that has the right experience and appropriate solution matching our current and future needs.``

Vishnu R Dusad, CEO & MD, Nucleus Software Exports said, ``We are extremely happy to add another milestone through our association with eny Finance. Nucleus` FinnOne is a perfect for for eny Finance`s dynamic needs and its scalability will match their future growth. We are confident that this implementation will benefit eny Finance by not just enhancing customer experience, but also help reduce complexities associated with the loan and collection process.``

Shares of the company gained Rs 7.9, or 11.1%, to trade at Rs 79.10. The total volume of shares traded was 111,974 at the BSE (12.14 p.m., Tuesday).