Infosys Finacle, Huawei create new financial cloud solution

With an aim to enable banks globally to accelerate digital transformation while keeping technology costs under control, Infosys Finacle and Huawei on Thursday announced they are making Finacle Universal Banking Solution Suite available on Huawei's FusionCloud-based platform.

With this, financial services clients can get substantial reductions in infrastructure and application management costs with high resilience and enhanced customer service efficiency across channels.

"This will empower financial institutions with a world-class banking software with superior flexibility in operations," said Qian Yuan (Diana), president of Marketing and Solution Sales Department, Huawei Enterprise Business Group.

Banks will benefit from substantial savings which can be channelled to accelerate innovation and strengthen profitability, Qian added.

The platform will allow customers to run Finacle suite of applications on a private cloud network, delivering considerable performance, maintenance and total cost of ownership advantages.