Infosys Ltd.

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AMB powers digital transformation with Infosys Finacle on Cloud

Date: 25-09-2018

Infosys’ wholly owned subsidiary -- Infosys Finacle, part of EdgeVerve Systems and Australian Military Bank (AMB) have rolled out Finacle banking solutions suite to drive AMB’s ambitious digital transformation program. The comprehensive, Australia ready digital banking solution stack, has been implemented in a fully SaaS model, hosted out of company’s datacenters in the country. Finacle has enabled AMB with significant operational benefits and cost efficiencies, along with enhanced security and scalability. AMB is now able to provide both its staff and members, a world class banking experience, equal or better than leading global banks.

The Finacle solution stack replaced AMB’s legacy systems to enable the bank to keep pace with new technology developments and allow a speedy response to market demands. Additionally, the Finacle solution enables open application programming interfaces (APIs) that overcome limitations for the bank’s ability to work effectively with ecosystem partners.

Infosys is a global leader in technology services and consulting. The company enables clients in 45 countries to create and execute strategies for their digital transformation.