

FINACLE UPGRADE
Phase 2 - This phase saw a digital channels modernization program involving an upgrade of the existing Finacle Online Banking application for both retail and corporate banking. Since then, the Bank's digital age branches have seen vastly improved staff performances, higher customer satisfaction among both business and corporate customers, and a good improvement in sales to service ratio. Phase 1 - With the dual objective of simplifying banking and enhancing customer experience, BankDhofar modernized its branches in consultation with Infosys' customer-centric digital transformation studio. The program was completed ahead of schedule and covered digital transformation of the Bank's core banking platform, digital channels and branches, in line with the Bank's vision of becoming a digital-first entity, and 'The best bank in the Gulf for customer experience'. Infosys Finacle offers such an opportunity and we are looking forward to a productive partnership.Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY) and BankDhofar, one of the leading banks in Oman, today announced the bank's successful completion of a comprehensive, three phase modernization program leveraging the Finacle Digital Banking Suite. We are always on the lookout for partners to combine their domain expertise and solutions with Moneythor.

“We are delighted to assist Infosys Finacle in creating more value for their banking clients through innovative capabilities powered by our Moneythor solution. Moneythor’s innovative offering will complement the Finacle suite of digital channel solutions, strengthening our value proposition and paving way for an improved digital banking experience for clients.” In pursuit of this, the FinTech Connect program helps us expand the innovation ecosystem and bring to the fore promising startups.

“At Infosys Finacle, we are committed to enhancing customer experience and providing continuous thrust on collaboration with our clients and partners. Sanat Rao, Chief Business Officer, Infosys Finacle:
