Cost-Effective Finacle Version Upgrade for a leading private commercial bank

Our client is a leading private commercial bank focused on Small and Medium Enterprises (SMEs) in Bangladesh. The bank accumulates funds from urban deposits and disburses them to rural banks with the objective of uplifting SMEs. In 2013, they decided to undertake a version migration from Finacle Core 7.0.25 to Finacle Core 7.0.13.

Outdated Finacle

Core Version technology

Inability to scale

with bank’s rapid growth

Need for greater

stability and performance

Cost-Effective Finacle Version Upgrade for a leading private commercial bank

Our Solutions & Approach

We approached the client’s business challenges by embarking on a version migration program of their current Finacle Core application. This activity included studying the deployment of the Finacle Core application version 7.0.13 in the current state and designing a process to upgrade the application version to Finacle Core 7.0.25.

Benefits

37% Average Reduction in Effort to Roll Out Products
9% Improvement in Cross-Selling
21% Average Improvement in Time to Serve Customers
Improved availability with 99% uptime

37% Average Reduction

in Effort

21% Improvement

in Time to Serve

99% Uptime

Improved Availability

Why Choose Inspirisys as your Finacle Upgradation Provider?

Inspirisys Solutions has a proven track record of 1000+ man-years in the Banking and Financial Services domain. We offer Finacle Upgradation through a global delivery model, predominantly in the Asia-Pacific, Middle East, and Africa regions. With 15+ Finacle upgrades and 20 successful implementations, our service offering in Finacle upgradation covers customization, upgradation, testing, and training services. We have deep-level knowledge in Finacle architecture, schemas, installation, tools and services.

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Cost-Effective GBS for one of the largest Nationalized Banks

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CBS System Migration

Our client is a leading private commercial bank focused on Small and Medium Enterprises (SMEs) in Bangladesh. The largest global non-government organization is one of the parent companies of this bank, apart from International Finance Corporation, the private sector arm of The World Bank. The bank accumulates funds from urban deposits and disburses them to rural banks with the objective of uplifting SMEs. In 2013, the client decided to migrate to the Finacle Core Banking Solution (CBS).

Web-based Pension Processing Solution

Our client is one of the oldest and largest commercial banks in India with a network of 4,651 branches across the country. The bank intended to procure a web-based comprehensive pension processing system to handle pension process effectively. It needed that the solution should have compatibility with Core Banking Solution included with installation, implementation & maintenance of all necessary hardware and software.

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