Finacle Digital Banking suite implementation on Cloud – Co-Operative Bank in India
Enabled with end-to-end managed services, the cloud-based platform shifted the bank from a CAPITAL EXPENSE model to an OPERATING EXPENSE model, ensuring the bank only pays for what it uses without significant upfront investments.
The in-built product factory capability and cloud elasticity enables the bank to rapidly innovate and roll out products and services on-demand to meet the ever-changing needs of the market.
A robust OPEN API repository allows the bank to effectively implement open banking and easily collaborate with external ecosystem.
The internet and mobile applications have already transformed the customer experience from a BRICK BANK TO A CLICK BANK, with a paperless account opening functionality creating a level of OMNI CHANNEL convenience to banks customers.
The bank has a highly secure, cost effective and scalable could infrastructure, with end-to-end managed services to support banks operations, with high uptime and adherence to regulatory compliances, enabled by C4C, Finacle regional cloud partner in Asia.