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Finacle

Finacle

Core Banking Solution.

Finacle Overview

EdgeVerve, a wholly owned subsidiary of Infosys, builds AI and automation-powered platforms to help enterprises accelerate digital transformation. With solutions across banking, supply chain, automation, and document intelligence, EdgeVerve empowers businesses to unlock hidden value and scale operations efficiently.

More About Finacle

Founded in 2014, EdgeVerve focuses on combining AI, automation, and analytics into enterprise-ready solutions. It has 1,400+ employees, operates in 140+ countries, and serves 400+ global clients, maintaining a 95% client retention rate.

How It Works

  • AssistEdge RPA automates repetitive business processes.
  • XtractEdge Document AI digitizes, classifies, and extracts insights from unstructured data.
  • TradeEdge connects distributors, retailers, and enterprises for real-time demand sensing and order visibility.
  • Finacle delivers comprehensive digital banking capabilities to enhance customer experiences.

Key Use Cases

  • Automating back-office processes (banking, insurance, telecom, manufacturing).
  • Unlocking insights from contracts, invoices, claims, and policies.
  • Improving supply chain efficiency with demand forecasting and traceability.
  • Modernizing core banking with Finacle’s cloud-native solutions.

Pros & Cons

Pros:

Constructed with strong security measures to safeguard confidential client information.

Cloud support and API integrations enable easy scaling for different-sized banks​.

Provides tools for digital banking, mobile banking, and other features to improve customer engagement and satisfaction.

Consistently rated as a top core banking solution.

Cons:

The platform can be complex to learn and use, especially for smaller banks with limited IT resources.

Poor CRM functionality at the branch level.

Extensive customization needs can significantly increase the cost.

Company

Finacle

Contact

+91 80 2852 0261

Headquarter

Bangalore, Karnataka, India

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Finacle Features

Cloud Solution Payment Solutions Mobile Banking Risk Management RealTime Processing Fraud Detection Document Management Workflow Automation SaaS Model Multi Currency

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