Infosys Technologies Ltd. has launched Finacle Treasury-in-a-Box, a rapid implementation framework for an integrated front, middle and back office treasury system.
p>Infosys Technologies Ltd. has launched Finacle Treasury-in-a-Box, a rapid implementation framework for an integrated front, middle and back office treasury system.
Built on best-of-breed open technology platforms, providing high scalability, flexibility and straight-through-processing capability, Finacle Treasury-in-a-Box allows banks to get started with minimum scoping effort and leverage an extensive menu of features, interfaces and functionalities. It supports a wide range of financial products and their derivatives in foreign exchange, money markets, fixed income and equities.
Progressive treasury departments at banks today need a technology platform flexible enough to evolve and scale as per growing requirements with simultaneous optimisation of technology development efforts and financial investment. On the other hand, modernising treasury systems remains a critical challenge for banks. The perceived business risks and a prolonged implementation process and apprehension on scale of investment drive banks to continue with their current solutions that has limited capabilities and high maintenance cost.
According to Haragopal Mangipudi, Global Head - Finacle, Infosys Technologies, "With Finacle Treasury-in-a-Box, banks have a viable alternative in an easy-to-use, innovative solution that grows with evolving requirements. Rapid implementation with controlled spending is of essence since banks can select the functions that matter the most. Time to market advantage is critical for any successful implementation and Finacle Treasury-in-a-Box is designed to help our clients reap this benefit."
Finacle Treasury-in-a-Box provides full support for the trading, risk management and administration of on-balance-sheet and off-balance-sheet financial market products. The solution enables banks to custom-build a treasury system with minimum time and effort and enhanced process efficiency. It also provides full back office processing capabilities including General Ledger, and has extensive middle office features such as integrated market and credit risk management (including Value at Risk), limits management and liquidity management.
www.infosys.com
