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Nucleus Software's Chief Operating Officer Steps Down

April 6, 2011 | Press Release
New Delhi, April 6, 2011: Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209), a leading global provider of software products for banks and financial institutions announced the resignation of Niraj Vedwa as the company’s Chief Operating Officer, subsequent to a new management structure being put in place by the Board of Directors.

Making the announcement, Vishnu R. Dusad, said “The Company acknowledges the contributions made by Mr. Vedwa to Nucleus Software’s growth during his tenure of over a decade with us.”

“At Nucleus Software, we have always emphasized on creating and exploring opportunities for the growth of our customers along with the organization. We will continue to enhance our policy framework and processes to remain a dependable and trusted partner,” he added.

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