Myawaddy Bank, Myanmar Selects Infosys Finacle to Power Its Digital Transformation
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, announced that Myawaddy Bank Ltd, a leading domestic bank in Myanmar, has selected Finacle solution suite to power the bank’s digital transformation.
With Finacle, the bank aims to drive growth and innovation while achieving significant improvements in operational efficiencies. Finacle’s pre-integrated digital channels stack will enable the bank to rapidly deliver a rich and seamless digital experience to its customers.
Key benefits
* With the Finacle core banking solution, the bank will achieve considerable automation in front and back office operations, thereby reducing manual effort and optimizing various banking processes.
* The new solution will provide a 360-degree view of customer relationships and transactions across the bank, thus enabling superior customer service and enhanced upsell and cross-sell opportunities.
* Further, the inbuilt product factory capability will enable the bank to rapidly launch new product offerings in response to emergent market demands.
ACE Data Systems Ltd, Finacle’s business partner in Myanmar, will play an integral part in the solution’s implementation at Myawaddy Bank Ltd. With their experience in implementing Finacle and in-depth understanding of local banking practices, they will help ensure an accelerated delivery.
