-3.25 (-0.36%) Bank of Queensland (BOQ), a leading Australian challenger Bank, has implemented Nucleus Software's award winning flagship lending product, FinnOne for its retail loan origination operations. Nucleus Software is the leading provider of lending and transaction banking solutions to the global financial services industry. The company has strengthened its global presence by successful launch and roll-out of its lending software at BOQ, in Australia.
Nucleus Software's flagship lending product, FinnOne has been ranked as the 'No 1 Best Selling lending System' by International Banking Systems (IBS) for the 7th year in a row. FinnOne is designed to support seamlessly integrated applications, provide operational support, risk management and decision-making capabilities to banks and financial services companies. FinnOne's focuses on both, retail and corporate loans, thereby emerging as a comprehensive solution to back any line of the lending business.
Bank of Queensland has more than 200 branches across Australia, including a majority of owner-managed branches, ensuring a commitment to deliver exceptional personal service to their customers. To power its ongoing transformation program, BOQ selected Nucleus Software's FinnOne for its home and personal lending markets. With FinnOne, Nucleus Software is helping BOQ to increase its business agility and become paperless.