Infosys' Finacle Suite Selected By Bank Of Sydney For Digital Transformation

Infosys Ltd. on Wednesday said Bank of Sydney has chosen its subsidiary EdgeVerve Systems’ Infosys Finacle digital banking suite to drive its digital transformation.

The Australian bank will adopt the Finacle suite via a software-as-a-service model on Amazon Web Services cloud. The deployment includes Finacle Core Banking, Digital Engagement Hub, Online Banking, Mobile Banking, and Digital Onboarding solutions, Infosys said in an exchange filing.

The partnership aims to enhance staff and customer experience, while lowering cost and complexity through automation and digitisation. The suite is expected to improve omni-channel self-service capabilities and accelerate the bank’s IT transformation.