 "Nucleus Software surges over 10% on strategic partnership with Microsoft")
Nucleus Software Exports has moved higher by nearly 16% to Rs 296 on the BSE amid heavy volumes after the company partnered with Microsoft to deliver cloud-based lending solution globally.
“Nucleus Software, a global banking software products and solutions provider, announced its strategic partnership with Microsoft to deliver the latest version of the best-selling lending software in the world, FinnOne Neo, on Microsoft Azure,” the company said in a press release.
The award-wining next-generation lending platform FinnOne Neo is now available on Azure Cloud to offer lower IT costs, greater agility and higher data security to its customers, it added.
At 10:43 AM, the stock was up 13% at Rs 289 on the BSE. The trading volumes on the counter nearly doubled with a combined 765,061 shares changed hands on the BSE and NSE so far.
“Nucleus Software, a global banking software products and solutions provider, announced its strategic partnership with Microsoft to deliver the latest version of the best-selling lending software in the world, FinnOne Neo, on Microsoft Azure,” the company said in a press release.
The award-wining next-generation lending platform FinnOne Neo is now available on Azure Cloud to offer lower IT costs, greater agility and higher data security to its customers, it added.
At 10:43 AM, the stock was up 13% at Rs 289 on the BSE. The trading volumes on the counter nearly doubled with a combined 765,061 shares changed hands on the BSE and NSE so far.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%