ABOUT THE SPONSOR
Finacle is the industry-leading universal banking solution from Infosys. The solution helps banks renew their business by simplifying banking. It empowers them to accelerate innovation and create new opportunities. Today, Finacle is the choice of banks across 84 countries and serves over 450 million customers – nearly 18 percent of the world’s adult banked population. The solution is consistently rated as a leader in the market by leading industry analysts. In the Middle East region alone, Finacle is active across 7 countries partnering key financial organisations like Emirates NBD, Arab National Bank, Doha Bank, Emirates Islamic Bank, RAK Bank, Al Hilal bank, RAK Bank and many others.
Finacle solutions address the core banking, e-banking, mobile banking, CRM, payments, treasury, origination, liquidity management and wealth management of retail, corporate and universal banks worldwide. The solution’s componentized structure and enterprise-class capabilities help banks boost the agility and efficiency of their operations, and significantly improve customer experience across channels. Assessment of top 1000 world banks reveals that banks powered by Finacle enjoy 50 percent higher returns on assets, 30 percent higher returns on capital, and 8.1 percent points lesser costs to income than others.
WHO SHOULD ATTEND
This event will be invaluable for Chief Executive Officers, COO’s, CIOs, IT Heads, Heads of Retail Banking, Heads of Digital Transformation and others who would benefit from exchanging notes with peers, discussing challenges and views of the industry in an open and constructive dialogue amongst peers and subject matter experts.
WHY SHOULD YOU ATTEND?
- The chance to network and share best practice with peers in the industry and global subject matter experts
- The ability to gain first hand insights at our high-value event that will discuss top-of-mind priorities and business strategies
- The opportunity to share thoughts as well as raise relevant questions and collectively examine possible solutions
- A full report of the discussion will be circulated as a PDF supplement to all attendees after the event
Banks in need of development through simplifying technology
A recent research conducted by Infosys and European Financial Management Association (EFMA) on innovation in banking highlighted that:
- Only 35% of banks have a real-time single view of customer products and transactions
- Merely 21% of banks provide some form of product personalization to their customers
- Banks take nearly six months to bring out new offers to market, with large banks taking double the time
The common reason for this struggle is the complexity in banking operations and technology. Today, complexity has emerged as one of the biggest impediments to respond effectively to market demands.
To accelerate growth and profitability, simplifying banking is the need of the hour. Download the report here
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