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Nucleus Software Ranked Amongst Top 5 Indian Companies for Corporate Governance

November 10, 2011 | Press Release
New Delhi, November 10, 2011‐  Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209), a leading global provider of integrated software products for banks and financial institutions, today announced that it has been ranked amongst the Top 5 Companies for Best Corporate Governance Practices in India by IR Global Rankings (IRGR). Globally well recognized and familiar to many NASDAQ listed Indian companies, this was a debut event exclusive for the Indian companies listed on NSE/BSE. 

IR Global Rankings (“IRGR”) announced the 2011 Best Ranked Companies in India at The IR Summit ‐ India, held in Mumbai on November 2, 2011. IRGR is a comprehensive ranking system for investor relations websites, online annual reports, corporate governance practices and financial disclosure procedures. The ranking is based on an extensive technical proprietary research of publicly traded companies through a clear and transparent methodology and is supported by key global institutions such as Arnold & Porter; KPMG; MZ and Sodali. The other companies that have been ranked amongst the Top 5 are Infosys, Kotak Mahindra Bank, Persistent Systems and Hindustan Unilever

Mr. Vishnu R. Dusad, Chief Executive Officer and Managing Director, Nucleus Software Exports Limited said, “We are pleased to be recognized by IRGR for our efforts towards building and practicing good corporate governance practices. Being ranked amongst the top 5 companies in India shows our commitment to a strong governance philosophy based on transparency, trust, accountability and ethics. Our endeavor is not only to comply with the statutory requirements, but also voluntarily formulate and adhere to a set of strong corporate governance practices. Our investors’ and customers’ trust is extremely valuable to us, and this recognition, therefore, endorses our corporate governance framework and practices. ” 

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