Infosys Technologies Ltd has announced that Bank Dhofar has selected Finacle Universal Banking Solution from Infosys for its transformation initiative. Infosys will implement Finacle core banking, Customer Relationship Management (CRM), treasury, e-banking and mobile banking solutions for the bank's operations.
Bank Dhofar has embarked on a transformation journey to fuel its growth plans for the future. To fulfill this objective, the bank intends to leverage best-in-class banking practices on a new age technology platform to gain a competitive edge in a demanding market.
"We chose Finacle, a new generation solution ensuring the lowest risk to the bank in this strategic venture. We are confident that our partnership with Infosys Finacle will support the bank's future growth plans and provide our customers with a world-class banking experience." said, Kris Babicci, CEO, Bank Dhofar.
Finacle will play the critical role of transformation platform to help the bank streamline operational efficiencies and enhance customer service. Leveraging Finacle the bank will be able to seamlessly integrate its services across channels and provide customers innovative products with faster turn-around time and reduced total cost of ownership.
According to Sanat Rao, Vice President and Global Head Sales - Finacle, Infosys Technologies Ltd, "Our partnership with Bank Dhofar reinforces our position as a preferred transformation partner for banks in the region. Middle East is a region of key focus for us and we continue to be committed to the needs of the market. We look forward to closely working with Bank Dhofar, helping them to harness the power and flexibility of Finacle for business transformation."