Nucleus Software takes IT Product Forte to Sibos 2014 Boston
Nucleus Software’s Transaction Banking insight and solution expertise support global and
regional banks in 22 countries
New Delhi, September 25, 2014 —Nucleus Software Exports Limited, a leading global software product
and solutions company delivering consistent value to mission critical business processes of banking and
financial services sector, today announced its participation at Sibos 2014 Boston, a premier business
forum for the global financial community to debate and collaborate in the areas of payments, securities,
cash management and trade, to be held from September 29 – October 02 2014.
Nucleus Software will showcase its latest Transaction Banking solution, FinnAxiaTM, at this event.
Developed on the foundations of the company’s deep banking domain knowledge, its understanding of
the market dynamics and based on continuous customer collaboration, Nucleus Software’s FinnAxiaTM is
a robust and reliable product suite to fulfill the dynamic needs of global transaction banking market.
Transaction Banking is creating new opportunities for banks to fuel profitable growth. With a theme of
Driving the New Normal: Agile.Scalable.Relevant, Nucleus Software will present insights in seminars on
the opportunities and challenges facing bankers across the world. Banks and large corporate
organizations increasingly require granular information in real-time across the financial value chain and
a 360 degree view of all transactions to predict accurate cash flow needs and optimize the entire
financial value chain to unlock trapped working capital.
“Nucleus Software has been providing customers global transaction banking solutions for over a
decade. Our solutions are present across 22 countries. The robust and proven product suite FinnAxiaTM
has an extensive functional landscape geared to deliver business value through growth and
transformation will be a key focus at Sibos 2014 Boston. This is our 10th year of participation in the
global forum and we look forward to some great conversations with our customers”, said Mr. R.P Singh,
Executive Director & President, Products, Nucleus Software.
With industry reports stating that transaction banking is fast becoming a significant enabler of banks’
overall growth, banks are increasingly exploring global transaction services across regions. Success
requires agility, scale, competence and Nucleus Software’s FinnAxiaTM is just the right product to ensure
that banks are always ahead of the curve.
THE KEY FACETS OF FINNAXIA
Global Payments which makes money flow anytime anywhere. Managing account payables amidst
regulations & tight liquidity conditions, scores high on every treasurers agenda. The global payments
product module supports a comprehensive set of features geared to handle and manage the corporate
customer’s payments needs, thereby enhancing the quality of customer service.
Global Receivables which synergizes cash flows is also high on priority since managing outstanding
account receivables and ensuring timely collections is critical not only from the perspective of balance
sheet management but also for ensuring shareholder confidence.
Identifying the urgent need to unlock trapped working capital, FinnAxia’s next module of Liquidity
Management not only empowers banks to manage account payables, receivables and fund forecasting
but it also can revolutionize the entire financial value chain. The product module helps banks in defining
cash concentration structures based on corporates operating model thereby ensuring optimum fund
consolidation.
FinnAxiaTM Business Internet Banking is the internet front end for bank’s customers to view and manage
their total financial position, anywhere and anytime. It ensures Bank’s corporate customers have total
transparency, freedom and greater control, allowing them to manage their corporate finances as easily
and conveniently as private customers.
e-Financial Supply Chain Management which invigorates business value chains. It enables the financial
flows of the business value chain and runs in parallel to the physical supply chain of a company. FSCM
facilitates linking of the anchor customer with its suppliers and dealers, thereby optimizing the use of
working capital through its unique pre and post shipment financing offerings.
FinnAxiaTM Mobility Solutions
Functionally rich and scalable, FinnAxia’s mobility suite is underpinned by a security layer, providing
users with a reliable and enterprise wide security access control. The solution’s transaction processing
capabilities integrates payments, cash management, account services and liquidity management to
transform customer’s device into fingertip banking thereby enabling additive and transformational
banking.
About Nucleus Software Exports Limited
Nucleus Software is a leading software powerhouse providing innovative and pioneering software solutions for
Banks and Financial organizations globally. Nucleus Software offers a host of competitive IT solutions and
consultancy services designed to support the whole spectrum of business offerings across retail banking,
corporate banking, cash management and internet banking. With over 150 customers across the globe, the
company is consistently innovating cutting edge and industry driven products in the domain. Nucleus Software is
listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit
www.nucleussoftware.com
FinnOne™, the flagship product of Nucleus Software, is a powerhouse of seamlessly integrated applications,
designed to provide operational support, risk management and decision-making support to banks and financial
services companies. FinnOne™ focuses on both, retail and corporate loans, thereby emerging as a comprehensive
solution to back any line of the lending business. Nucleus Software’s FinnOne™, has again been ranked as the
Global No. 1 Lending Software solution for the sixth consecutive year by IBS Publishing, UK in their Sales League
Table 2014 for banking product sales. In addition, Nucleus Software offers comprehensive Transaction Banking
solution covering Global Receivables, Global Payment & Liquidity Management and e-Financial supply chain
management offers flexible, speedy & efficient execution of cash management processes. Nucleus Software also
offers solutions to customers in the areas of Managed Infrastructure services and Application Development &
Maintenance.
For Media related information, please contact:
Puja Bhattacharjee, Nucleus Software
Email: puja.bhattacharjee@nucleussoftware.com
Phone: +91-120-4031400