Infosys Technologies has launched a new banking solution that takes a central role in its suite of banking tools. Infosys president and managing director Nandan Nilekani describes Finacle as a highly secure open platform for banks that are ready to go beyond banking. Put more simply, it's a central enterprise platform that allows bank staff to access relevant applications and information from a simple browser interface.
Finacle is designed using standard internet technology. The front-end is accessed using a browser on the bank's intranet, while the back-end is designed to use Oracle RDBMS. Its open architecture enables banks to offer products and services through ATMs, call centres, telephones and the Internet...