Panama win for Finacle

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| The bank will be investing approximately $20 million over 2 years. Finacle will replace bank's legacy core banking systems in Panama and other Central American countries. The bank will also deploy Finacle CRM, e-banking and alert solutions. With the rollout of Finacle, the bank will be able to consolidate its technology and operations platforms across the region. |
| According to Infosys, the bank will leverage Finacle's integrated CRM functionality to empower its relationship managers and call centre agents to streamline service requests and cross-sell its products and services to its customers. |
| Speaking at the press conference, Merwin Fernandes, VP & business head-Finacle of the company said "The win is a significant breakthrough for Finacle and helps Infosys gain a foothold in the Spanish and Latin American markets. LATAM is a key focus region for Finacle and we have made continuous investments." |
First Published: Mar 10 2006 | 12:00 AM IST