Nucleus Software surges over 10% on strategic partnership with Microsoft
The stock moved higher by nearly 16% to Rs 296 after the company partners with Microsoft to deliver cloud-based lending solution globally.
 "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.