“Infosys Finacle is supporting banks in their modernization journey to better engage with consumers and realize greater operational efficiencies,” said Graham Pullen, Vice President, Sales, Asia Pacific and Japan, EDB. “Implementing Finacle with EDB Postgres provides improved flexibility to banking customers thereby accelerating their innovation capabilities while strengthening their competitive position.”
The Finacle Core Banking Solution is a suite of integrated banking solutions used by banks across 94 countries and serving over 848 million customers. Infosys Finacle partnered with EDB to migrate the Finacle solution onto an open stack and provide its customers with an enterprise-class open source database alternative. EDB is the leader in enterprise Postgres with a tested and proven database, offering enterprise capabilities necessary to manage multi-model data, connect with existing systems, and deploy rapidly across multiple environments. Multiple Finacle modules have already been migrated to EDB Postgres and are being implemented at financial institutions in Asia.
“Differentiation is crucial in a highly competitive industry like banking. Hence, solutions which enable greater innovation, flexibility, and efficiency are in high demand,” said Deepak N Hoshing, Vice President and Head of Product Architecture, Infosys Finacle. “With EDB Postgres as an integral partner in the open source stack, our customers have yet another option to adopt an extremely agile and efficient solution.”
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