-10.20 (-0.90%) FONDEP, one of Morocco’s leading microfinance institutions, has chosen Infosys Finacle for its strategic core banking transformation program. The Finacle solution will help FONDEP adapt to changing customer needs by enabling them to offer relevant products to their customer base.
The comprehensive capabilities of the Finacle solution will enable FONDEP to accelerate its strategy of expanding beyond micro-credit activities. The new platform will also enable FONDEP to distribute its existing range of micro-insurance products to its clients in urban and rural areas.
Besides, the program will be deployed in French, underlining Finacle’s readiness for the French speaking North African banking sector. The deployment will be supported by specialist teams located across the Infosys global network, including those based at the company’s development center in French speaking Mauritius.