NAB to deploy Infosys Finacle at Clydesdale and Yorkshire Bank

Infosys Technologies Ltd. and National Australia Group Europe (NAGE) have today announced that NAGE has chosen the Finacle™ corporate e-banking solution to enable it to offer Internet banking services to its corporate clients in the UK.

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Infosys will deploy Finacle™ across the Group's Clydesdale Bank and Yorkshire Bank operations.

Elaine Lenc, Head of Strategic Projects at NAGE commented, "Our growing business banking network requires value-added Internet-based service. After evaluating a host of solutions and technology partners we selected Finacle™ for its solution functionality and for the end-to-end delivery capabilities of Infosys."

Sanat Rao Vice President & Head Business Development and Alliances - Finacle, Infosys Technologies said, "Our relationship with NAGE marks an important milestone for Finacle™ in the UK. With the Finacle™ corporate e-banking solution, the bank's relationship managers will have a unified view of corporate banking relationships leading to service efficiencies benefiting both the bank and its customers. As a trusted technology partner, we look forward to supporting NAGE to build upon its high standards of client service and operational excellence."

When Finacle™ is deployed, it can help banks to efficiently manage service requests from their corporate customers and considerably reduce manual operations of payments and balance enquiries. Finacle™ corporate e-banking solution's architecture is premised on a next-gen multi-channel framework with support for multilingual, multi-time-zone and multi-entity operations enabling the bank to drive its global growth ambitions.

A leader in banking transformation, Finacle™ has a global footprint across 65 countries and has been slotted by top analysts among the leaders in the core banking solution space. Finacle™ is also the winner of a series of awards for its innovation and implementation capabilities, the most notable ones being The Banker Technology Award, The Banking Technology Award and The Asian Banker IT Implementation Award.

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