Nucleus Software Exports Ltd.

BSE: 531209 | NSE: NUCLEUS
Small Cap | IT - Software
909.45
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Five Star Business Finance selects Nucleus Software for cloud based lending solution

Date: 25-10-2016

Five-Star Business Finance has selected Nucleus Software Exports for implementing FinnOne Neo, the award winning loan life cycle management solution in cloud. With FinnOne Neo, Five-Star will be able to reduce their time-to-market and offer digitized, convenient and customer centric loan services. The solution will allow Five Star to offer tailored loan products over multiple channels to its customers.

Five-Star has chosen to implement FinnOne Neo in private cloud to make their operations agile, scalable, cost efficient and secure. Five Star alms to use the capabilities of FinnOne Neo to smoothen its work flow, eliminate bottlenecks and achieve a seamless loan processing which is expected to benefit the end customer immensely.

Five-Star, a Chennai based NBFC, operating in multiple lines of businesses, is aiming to leverage technology to expand its business and establish market leadership. As a part of their growth plan to reach Rs 1000 crore loan book over the next 2-3 years, Five-Star has decided to embrace best-in-class technology systems.

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.