Asia Green Development (AGD) Bank, a leading bank in Myanmar, has selected Infosys Finacle, part of EdgeVerve Systems, the product subsidiary of Infosys, to provide the Finacle Core Banking, Internet Banking, Mobile Banking, and financial ecosystem solutions. These solutions would provide AGD’s customers a next-generation banking experience by enabling seamless transactions, regardless of the channel, the location and the time. Powered by the Finacle suite of solutions, AGD Bank aims to expand its client base, while significantly enhancing productivity and profitability.
The Finacle platform will enable a transformational change at the bank by eliminating various manual processes, enhancing productivity, reducing errors, and ensuring 24X7 operations. This will further strengthen the bank’s position vis-a-vis its peers. Finacle will also help the bank overcome the challenges associated with a legacy distributed system, which made it impossible to review clients’ holdings in a consolidated manner. The new implementation will provide the bank a 360-degree view of customer relationships and transactions. The built-in analytics capability will help the bank understand customer preferences better and thereby offer personalized products and services.
Infosys is a global leader in consulting, technology and outsourcing solutions. The company enables clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition.