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Abu Dhabi Finance selects Nucleus Software's FinnOneTM

January 1, 2009 | Press Release
United Arab Emirates-based mortgage provider Abu Dhabi Finance has selected FinnOne software from India-based Nucleus Software Exports, a provider of integrated solutions for banks and financial institutions.

Abu Dhabi Finance will use Nucleus
Software's FinnOne for all its mortgage-related processes, including automation of the approval process, account maintenance and financial transaction monitoring and tracking.

This automation will ensure faster processing of applications and will allow Abu Dhabi Finance to provide faster service to its clients, said Nucleus Software Exports. FinnOne is expected to help Abu Dhabi Finance integrate its lending process for acquisition and pre-disbursal processing.

Philip Ward, CEO of Abu Dhabi Finance, said: "As a service-focused organization, Abu Dhabi Finance endeavors to provide the highest quality service to our clients. Being able to provide quick and accurate responses is an important part of our ethos. FinnOne will help us achieve our client service objectives, and its scalability means it will be able to keep up with our growth targets."

Vishnu Dusad, CEO and managing director of Nucleus Software Exports, said: "We look forward to working with Abu Dhabi Finance. Leveraging our industry knowledge and solution expertise we will help Abu Dhabi Finance enhance its competitive edge and product innovation capability. The Middle East remains a key area of focus for Nucleus, and this partnership further establishes our leadership position as a primary software product provider for banks and financial institutions globally."

About Nucleus Software

Nucleus Software (BSE & NSE: NUCLEUS) is the leading provider of lending and transaction banking products to the global financial services industry. Its software powers the operations of more than 150 companies in 50 countries, supporting retail banking, corporate banking, cash management, internet banking, automotive finance and other business areas. Nucleus Software is known for its world-class expertise and innovation in lending and transaction banking technology. It has two flagship products, built on the latest technology:
  • FinnOneTM 10 time winner - World’s Best Selling Lending Solution. 
  • FinnAxiaTM, an integrated global transaction banking solution used by banks worldwide to offer efficient and Innovative global payments and receivables, liquidity management and business internet banking services.
Forward-looking and Cautionary Statements: For risks and uncertainties relating to forward-looking statements, please visit: http://www.nucleussoftware.com/safe-harbor.

For Media related information, please contact:

Rashmi Joshi, Nucleus Software
Email: rashmi.joshi@nucleussoftware.com
Phone: +91-9560694654