Partners: Red Hat and Infosys Finacle

Inspiring better banking

Partnering to deliver a cloud-native digital banking suite that helps banks engage, innovate, operate, and transform better using open source platforms.

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What we’re doing together

Finacle’s industry-leading banking solutions, deployed on Red Hat® platforms, help banks gain the speed, agility, and resilience they need to scale and modernize IT with confidence.

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Smooth deployments

Portability across environments, including private and public clouds

High performance under peak loads

Auto scaling to manage seasonal spikes and rapid product rollouts

Faster time to market

Automation and industrialization of software development, release, and updated life cycles

Icon-Red_Hat-Media_and_documents-Quotemark_Open-B-Red-RGB Our partnership with Red Hat has enabled the OpenShift Container Platform to emerge as the preferred choice for private cloud deployments amongst our customers. With the rapid emergence of the OpenShift Container Platform on the public cloud—AWS Red Hat OpenShift, Azure Red Hat OpenShift, and Google Cloud Platform—we are also enabling a smooth transition path to the public cloud. Overall, this partnership is helping banks accelerate their cloud journeys with confidence.

– KR Venkatraman

VP, Head of Product Architecture, Infosys Finacle

Inspire better banking with a comprehensive banking platform

Engage better

Finacle helps banks design and deliver personalized products and services to engage better with customers, employees, and partners. Built on a unique engagement hub, the Finacle Suite helps banks onboard, converse, service, and sell better. Banks running on Finacle have realized an average 19% improvement in their Net Promoter Scores.¹

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Innovate better

Banks can go to market faster with Finacle’s flexible product factories that bring global innovations to life with simple configurations. Banks can compose contemporary, future-ready digital business models with ease, using Finacle’s open application programming interfaces (APIs), webhooks, and App Center. Banks running on Finacle have experienced an average 20% improvement in ecosystem innovation and a 16% increase in digital sales.²

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Operate better

Finacle helps banks reduce costs and become more sustainable. Finacle provides straight-through processing, driven by rules and APIs and supported by an in-house robotic process automation (RPA) platform. Finacle’s blockchain-powered solutions open up new levels of efficiencies by automating interorganizational processes. An assessment of the top 1,000 banks in the world confirms that institutions powered by Finacle enjoy a 4.2% lower cost-to-income ratio over their peers.³

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Transform better

Finacle helps banks modernize and evolve IT better so that they can stay relevant to rapidly changing market dynamics. With a componentized digital suite and flexible deployment options, Finacle empowers banks to mitigate risk, evolve, and modernize in a phased manner. Finacle’s DevOps toolchain helps banks build, test, deploy, and monitor new capabilities with the speed to stay ahead of the competition.

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Learn more

Articles

  • PYMNTS article 1: Cash Management In The Hot Seat As Banks, Corporates Heavy On APIs, Cloud
  • PYMNTS article 2: Road to Success for Banks in the Digital Era Runs Through [Cash] Payments
  • PYMNTS article 3: w/ video: Bringing Corporate Cash Management Into The Digital Future

Reports

Executive panels

  • PYMNTS executive panel: Catalyzing cash management: Cloud tech and APIs are transcending legacy limits
  • Webinar: 2021: We all become challenger banks

Videos

  • Partner executive video: Red Hat and Infosys Finacle
  • Webinar: Corporate Banking Innovation Survey Results
  • Podcast: Corporate Banking Digital Transformation Status: Underway, Future, Myth

Joint content

  • Infographic: Differentiate your bank with superior customer experiences
  • Detail: Power your digital banking strategy
  • Brief: Differentiate your bank with an engaging customer experience

Press releases

  • Press release: ANZ works with Infosys to re-platform its internet banking
  • Press release: Finacle digital banking solution suite to be available on Red Hat OpenShift and IBM Cloud for Financial Services
  • Press release: New Study by Infosys Finacle, Red Hat, and Strategic Treasurer