Nucleus Software gains on unveiling ‘FinnAxia 4.5’ integrated transaction banking solution

07 Sep 2017

Nucleus Software Exports is currently trading at Rs. 282.70, up by 2.50 points or 0.89% from its previous closing of Rs. 280.20 on the BSE.

The scrip opened at Rs. 282.95 and has touched a high and low of Rs. 283.85 and Rs. 277.65 respectively. So far 4110 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 343.90 on 22-May-2017 and a 52 week low of Rs. 171.00 on 29-Sep-2016.

Last one week high and low of the scrip stood at Rs. 294.00 and Rs. 274.90 respectively. The current market cap of the company is Rs. 899.46 crore.

The promoters holding in the company stood at 60.62%, while institutions and non-institutions held 11.33% and 28.05% respectively.

Nucleus Software has unveiled FinnAxia 4.5, the latest version of its next-generation integrated transaction banking product suite. The latest release of FinnAxia provides a wealth of new capabilities to help banks across the entire transaction banking value chain. The solution enables banks to speed up their digital journey, helping them to reap significant benefits including improved customer experiences, higher growth rates and optimized operations.

FinnAxia 4.5 speeds up online cash transfers with Insta-payments through UPI in India and Prompt Pay in Thailand. The solution also makes it easier for banks to set up sweep structures and ensure interest optimization with notional pooling.

Nucleus Software Exports a leading provider of software solutions to the Banking, Financial Services Industry (BFSI). It has developed solutions spanning from retail banking to corporate banking, cash management, internet banking and credit cards.

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