VARINDIA IT MAGAZINE

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   To enhance its Treasury and Capital Markets' business,  Union National Bank (UNB) of Abu Dhabi  has selected  Infosys Finacle(NYSE:INFY) , which will further help integrate the bank for handling trading, risk management and back office operations. Fuad Zeidan SVP & Head of Treasury & Investment Group from Union National Bank, Abu Dhabi , said, "As we expand our operations regionally and globally, it is critical for us to deploy the right technology that allows us to effectively reach and serve our customers. I am glad that, over the years, our quality focus has remained even as our operations have expanded significantly which reflect UNB's consistent adherence to the highest quality standards." Amit Dua, Associate Vice-President & Head - Client Services EMEA, Infosys  Finacle , stated, "We are excited to partner with UNB and help the bank realize its goals, as it transforms and taps new opportun...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   ZUNO Bank and Infosys have rolled out a new lending product portfolio which includes personal retail loans and overdraft lines in Slovakia and the Czech Republic, powered by Finacle core banking solution.  Since its first six months of operation, the Bank has increased its customer base from 34,000 to over 100,000.  Andras Hamori, CEO, ZUNO Bank, said, "The IT system is the backbone of ZUNO's banking model. We need it to support our operations across countries while at the same time allowing us to continually offer new products to our customers. This requires a reliable and strong business partner, and Infosys has successfully delivered to meet our needs. It is something we are very proud of." Amit Dua, AVP & Head - EMEA, Finacle, Infosys, said, "The direct banking phenomenon continues globally and ZUNO Bank is a great success story of how a bank can take advantage of changing market needs to grow their b...