-3.25 (-0.36%) Nucleus Software Exports has launched latest version of its transaction banking solution FinnAxia 7.0. With this launch, the company introduces a sophisticated virtual account management (VAM) solution designed to enable banks to open virtual accounts for their corporate customers- accounts that can replace real current accounts and instantly route payments and collections to a linked ‘master’ current account.
With FinnAxia VAM, banks can centralize cash operations for their corporate customers thereby providing real-time visibility and better control of liquidity positions along with enhanced forecasting capabilities for faster and more informed decision making.
Nucleus Software Exports is 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.