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December 17, 2008updated 06 Sep 2016 2:13pm

DSB Bank selects Infosys universal banking system

Expects to foray into new markets

By CBR Staff Writer

The Netherlands-based DSB Bank has selected Finacle, a universal banking system from Infosys, to support its retail banking transformation initiative.

According to Infosys, DSB is expectd to replace its current legacy core banking platforms with Finacle core banking and integrated CRM application, in addition to Finacle treasury system. Finacle will also help the setting up of an online savings bank for DSB. In addition, Finacle, as a multi-country service, is expected to help DSB to foray into new markets such as Germany and Belgium.

Hans Goor, COO and member board of executives at DSB Bank, said: Transforming our technology platform is a strategic initiative to address DSB’s new business requirements, enhance customer experience, and be nimble to respond to market changes. Finacle from Infosys will enable the bank to create a differentiated customer experience through innovative product offerings, integration across channels and proactively respond to new business opportunities.

Sanat Rao, vice president and worldwide head of sales for Finacle at Infosys Technologies, said: Our rapid progress into the strategic European market continues. This is another proof of leading banks in Europe reposing faith in Finacle as a solution with superior functional and technical capability and in Infosys as a reliable partner for delivering such transformational projects.

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