The Housing Bank for Trade & Finance (HBTF) and Infosys Technologies Ltd today announced that HBTF selected Finacle core banking solution to power the Bank's innovation and customer experience led growth agenda.
Finacle will empower the Bank's 112 home country branches with a unified, future-proof technology platform delivering all the benefits of Straight Through Processing and support for true 24X7 multi-channel and multi-currency transactions.
Built on new generation technology, Finacle will enable The Housing Bank for Trade & Finance to stay ahead of emerging customer demands with greater agility. Leveraging Finacle, the Bank can accelerate innovation through the launch of personalised offerings, bundled products and enriched segment-specific portfolios. The unified 360 degree view of customers that Finacle will bring to the Bank's relationship managers will help the Bank to institutionalise its retail and corporate client relationships and exponentially enhance its service experience.
According to HBTF`s Chairman, His Excellency Dr. Michel Marto, "Over the years, our customers' goodwill has been a key driver of our leadership position in the market. To sustain this advantage, we need a robust technology infrastructure to relentlessly drive our product innovation and banking experience to greater heights. We selected FinacleTM for its rich functionality, proven flexibility and unmatched delivery track record. We are confident that this partnership with Finacle will enable us to delight and grow our customer base."
As a leading full-fledged commercial bank in the region, The Housing Bank for Trade & Finance services clients with a wide and sophisticated spectrum of offerings. With aggressive plans to expand its distribution, the Bank will rely on Finacle to facilitate the delivery of world class banking services as it grows its customer base in Jordan and the region.
Haragopal Mangipudi, Global Head - Finacle, Infosys Technologies, said, "Middle East & North Africa 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 The Housing Bank for Trade and Finance in helping them to harness the power and flexibility of Finacle for business transformation."