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Infosys Technologies Ltd

Infosys Technologies Ltd. (NASDAQ: INFY) provides consulting and IT services to clients globally - as partners to conceptualize and realize technology driven business transformation initiatives. With over 14000 employees worldwide, Infosys use a low-risk Global Delivery Model (GDM) to accelerate schedules with a high degree of time and cost predictability.

Infosys provide solutions for a dynamic environment where business and technology strategies converge. Infosys approach focuses on new ways of business combining IT innovation and adoption while also leveraging an organization's current IT assets. Infosys work with large global corporations and new generation technology companies - to build new products or services and to implement prudent business and technology strategies in today's dynamic digital environment.

The Banking Business Unit (BBU) of Infosys is in the business of providing customers with product solutions for their banking needs. The Banking Business Unit has developed Finacle - Infosys suite of solutions comprising Finacle Core Banking, Finacle eChannels, Finacle eCorporate, Finacle CRM and Finacle Treasury. Since their rollout, the banking solutions have gone from strength to strength and today these solutions are deployed at 66 banks in 19 countries spanning the globe, providing them the benefits of cutting edge technology and rich functionality. Banking Business Unit comprises the following key groups.

    Sales & Marketing Group:

The Sales Group has the primary responsibility to make, track and execute the sales plan and strategy for the Banking Business Unit in all the territories it operates and is supported by the Marketing and Business Consultancy Groups whose responsibilities include preparation of BBU business plans, initiating and conducting market research, product positioning and associated presentations and demos.

    Professional Services Group:

The Sales Group has the primary responsibility to make, track and execute the sales plan and strategy for the Banking Business Unit in all the territories it operates and is supported by the Marketing and Business Consultancy Groups whose responsibilities include preparation of BBU business plans, initiating and conducting market research, product positioning and associated presentations and demos.

    Product Management Group:

The Product Management Group defines and authorizes release contents and maintains the roadmap for the product.

    User Education Group:

Providing training to customers and Infosys' personnel on the implementation and usage of Finacle suite of solutions is the primary responsibility of the User Education group, in addition to review and base level scheduling of technical documentation.

    Testing Group:

Testing Group is involved in the development of test plans and test suites for in-house testing of Finacle suite of solutions besides, documentation and approval of releases.

    Architecture Group:

Architecture group co-ordinates with other groups for R & D and operational activities. It provides support in technology upgrade and assimilation to the BBU Group. The group conducts evaluation of software products, which are to be included along with Finacle suite of products, besides providing development services in the areas of software architecture.

Infosys Enterprise Banking ePlatform, rebranded as Finacle - Infosys ePlatform and comprising Finacle Core Banking, Finacle eChannels, Finacle eCorporate, Finacle CRM and Finacle Treasury has been designed with this philosophy. These flexible solutions offer the bank the much-needed flexibility to address the changing business trends and allow the bank to rapidly create differentiators in their offerings to customers.

These integrated solutions combine the best banking practices that Infosys have mastered working with global players the world over with leading edge technology, helping banks in their operational efficiency and increasing the Return on Technology Investments. This platform comprises solutions that cover transactional requirements, integrated line-of-business products, channel integration and channel management and customer access touchpoints.

These technologies can bring in the much-needed integration that has become the nightmare for CIO's of banks the world over, thereby allowing banks to focus on their core competencies.

These solutions have received worldwide recognition and have been successfully deployed at multiple banks across the globe, giving these banks a head start over competition.

Infosys believe that one of the key elements of the success of their solutions lies primarily in the effective implementation of the solution in the bank's business environment. Infosys therefore offer a range of professional services to ensure that that the clients are able to harness the benefits from the solutions in a cost effective, timely and efficient manner. Infosys also aim to protect the bank's existing investment in Information Technology whenever possible and ensure a low total cost of ownership for the bank.

Infosys' Rapid Implementation Methodology (InRIM) is proprietary, proven and structured methodology for successful fast-track implementation of banking products. Infosys have accumulated rich experience in implementing the Infosys banking solutions in diverse business and working environments at multiple sites in multiple banks spanning several countries across the globe.

Infosys offer ongoing support to ensure that the systems run smoothly after the implementation process is complete. Infosys also offer a range of surround services such as Technical Consultancy services and Application led Business Process Re-engineering (ABPR).

Infosys' ultimate objective is client empowerment and this is achieved through a structured education program and joint pilot implementation. In this process Infosys knowledge, skills and experience are passed on to the Bank's core team in a step-by-step process. Infosys strive to develop and build internal skills and resources of the Bank to handle product rollout, end user training and handle the post-implementation first line of support.

For more information on Finacle suite of solutions, please contact at bancsinfo@infosys.com
More At : www.finacle.com



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