January 06, 2025 08:01 am (IST)
Fubon Bank selects Finacle as its Core Banking Platform to accelerate growth
Hong Kong, Dec 15 (IBNS): Infosys Finacle, part of EdgeVerve Systems, the product subsidiary of Infosys and Fubon Bank (Hong Kong) Limited, a wholly owned subsidiary of Fubon Financial Holding Co. Ltd., on Tuesday announced the bank's decision to adopt the new generation Finacle Core Banking solution.
This transformation initiative will significantly improve the bank’s operational efficiency, strengthen innovation capabilities and support rapid growth.
The solution will help the bank set up appropriate modernization milestones in line with the bank’s transformation strategy. With the new core banking system, Fubon Bank will be able to reduce time and cost to compliance.
The new system will also enable the bank to seamlessly integrate multiple channel applications to deliver superior customer experience across devices.
Michael Reh, Executive Vice President and CEO (designate), EdgeVerve said: "Finacle has an excellent track record with banks of all sizes, having helped our clients attain exceptional growth and build long-term capabilities. By adopting our core solution, banks have a proven technology platform and a reliable partner to improve their operational efficiency and to embrace new-age channels and enhance customer experience. We look forward to supporting Fubon Bank in delivering a value-driven experience to its customers and achieving market-leading growth.”
Raymond Lee, CEO & Managing Director, Fubon Bank (Hong Kong) Limited said: “We are committed to our service-oriented approach. Over the years, we have continued to expand our franchise by improving our service delivery capabilities. The replacement of the core banking system not only provides us with a holistic approach to customer relationship management, but also enables us to significantly improve our operational efficiency, risk management and management information system.”
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