Core Banking Solution Cedrus tech

Core Banking Solution

Core Banking Solution (CBS) Finacle is a comprehensive banking software suite developed by Infosys. It is widely used by banks and financial institutions worldwide to digitally transform their core banking operations.

Finacle is a modular, scalable, and cloud-ready banking solution that enables banks to offer seamless customer experiences and improve operational efficiency. It supports retail, corporate, and universal banking with features like:

  •       Core banking (account management, transactions, deposits, loans)
  •       Digital banking (mobile banking, internet banking)
  •       Treasury & risk management
  •       Payments & lending solutions
  •       Analytics & AI-driven insights

Key Benefits of Finacle CBS:

🔹 Omnichannel banking – Unified experience across web, mobile, and branches
🔹 Scalability & Flexibility – Supports small to large banks with customization
🔹 Regulatory Compliance – Meets global banking regulations
🔹 High Performance & Security – Ensures secure, real-time transactions
🔹 Cloud & API-first approach – Enables easy integration with modern fintech services

Finacle is trusted by banks in over 100 countries, including leading global and regional banks, making it one of the most preferred CBS platforms in the industry.

As a provider of Core Banking Solutions (CBS), we have in-depth Knowledge in CBS architecture, Finacle schemas, Finacle Installation, various Finacle tools, and Finacle Services, leverage our global expertise, industry knowledge, and strong partnerships to deliver end-to-end banking solutions across diverse markets worldwide. Our services cater to banks, financial institutions, and fintech companies in regions such as Asia-Pacific, the Middle East, and Africa, ensuring seamless banking experiences, regulatory compliance, and digital transformation.

  1. Comprehensive Banking Solutions Across Multiple Geographies
    • We implement, customize, and upgrade core banking systems for banks of all sizes in different countries.
    • Our solutions ensure compliance with local banking regulations, financial policies, and security standards.
    • We enable digital banking transformation across multiple regions, including developing and developed markets.
  2. Global Delivery Model for Efficient Implementation
    • We deploy a Global Delivery Model (GDM) that combines onshore, offshore, and nearshore teams to ensure cost efficiency and rapid execution.
    • Our distributed workforce allows us to offer 24/7 support, ensuring minimal downtime for banking operations.
    • The follow-the-sun model ensures continuous project execution across different time zones, speeding up implementation and support services.
  3. Expertise in Regional Banking Requirements
    • Different regions have distinct banking needs, regulatory frameworks, and customer expectations.
    • We tailor our CBS implementations to align with local banking laws, financial reporting requirements, and risk management frameworks.
    • Examples:
      • Asia-Pacific: High demand for mobile banking and digital wallets.
      • Middle East: Sharia-compliant (Islamic banking) solutions.
      • Africa: Strong focus on financial inclusion and microfinance solutions.
  4. Proven Track Record in CBS Implementations and Upgrades
    • With 15+ CBS upgrades and 20+ implementations, we have a strong presence in global banking transformations.
    • Our CBS services include:
      Implementation & Customization – Tailoring CBS platforms like Finacle to meet specific banking needs.
      Upgradation – Helping banks migrate to newer CBS versions for enhanced efficiency and security.
      Testing & Quality Assurance – Ensuring flawless execution before going live.
      Training & Change Management – Enabling smooth transitions for bank employees and customers.
  1. Partnerships with Leading Banking Technology Providers
    • Specialized in deploying Finacle CBS, one of the most widely used core banking platforms.
    • Our expertise extends to other leading CBS platforms, ensuring banks get the best technology for their needs.

How Do Our Global CBS Solutions Benefit Banks?

🔹 Scalability – Easily expand banking services across new regions.
🔹 Cost Efficiency – Reduce operational costs with offshore and nearshore development models.
🔹 Regulatory Compliance – Ensure adherence to local financial laws and banking regulations.
🔹 Seamless Digital Transformation – Enable omnichannel banking, mobile apps, and cloud-based solutions.
🔹 Enhanced Customer Experience – Faster transactions, 24/7 availability, and personalized banking services.

By offering Core Banking Solutions globally, we empower banks to modernize their operations, enhance customer experience, and stay competitive in the digital age.