Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget
Budget 2011-2012 Home
Industry Expectations - Budget 2011-2012
Industry Reactions - Budget 2011-2012
Budget 2010-2011
Budget 2010-2011 Home
Industry Expectations - Budget 2010-2011
Industry Reactions - Budget 2010-2011
Contributor's Corner
Bonanza Portfolio
Hemant K Gupta
Krish Bhatt
S A A R T H I
Trinity Investments
Exchange Information
BSE 2009 Holidays
NSE 2009 Holidays
Investor Guide
Depository & Dematerialisation
Grievance Redressal
Investor Guide
SEBI
Trading of Securities
Transfer of Securities
Your Rights
Budget 2009-2010
Budget 2009-2010 Home
Industry Expectations - Budget 2009-2010
Industry Reactions - Budget 2009-2010
Interim Budget 2009-2010 Home
Industry Expectations - Interim Budget 2009
Budget 2008-2009
Railway Budget 2008-2009
Industry Expectations - Budget 2008
Union Budget 2008-2009
Highlights of Budget 2008-2009
Summary of Budget 2008-2009
Industry Reactions - Budget 2008
IPOs
Current IPOs
Past IPOs
IPO Subscription
Mutual Funds
Gold Exchange Traded Fund
MF Unique Holding
Forthcoming Dividends
ELSS Schemes Comparison
Tax Plans
New Fund Offers
Research
Arbitrages
Equity
Market Whispers
Tax Planning
Home
Equity Linked Savings Scheme
Post Office MIS
9% GOI Senior Citizens Savings Scheme
8% Savings (Taxable) Bonds
Kisan Vikas Patra
National Savings Certificate
Public Provident Fund
Stock Report

| More
Finacle From Infosys Helps Bancolombia Transform Its Banking Business

Bancolombia, a global financial services leader, announced that Finacle from Infosys has enabled the bank to operate a seamless platform across Latin America and consolidate operations from across the region into a single, state-of-the-art system.

Using Finacle's universal banking solution from Infosys, Bancolombia can now monitor and interface with all its branches around the clock. This means the bank can get a 360-degree view of all of its clients transactions, including high-net-worth clients who use foreign currencies across multiple subsidiaries. Whether it's a bank in Panama, Puerto Rico, or the Cayman Islands, Bancolombia now operates all back-office functions using one platform.

Finacle also gives Bancolombia a competitive edge by helping it process transactions in real-time. The bank had become accustomed to collecting its transactions and processing them overnight. Bancolombia's ability to enter transactions immediately is critical to decreasing costs as it expands across Latin America.

"Finacle is an across-the-board solution that integrates our regional operations. Because of the technology Finacle delivers, Bancolombia is more nimble than it's ever been," said Carlos R. Yepes, President, Bancolombia. "This flexibility has been key in getting closer to our clients through our subsidiaries, who now feel only a heartbeat away from our organization as a whole."

Supporting multiple languages, Finacle is an effective solution for both Spanish- and English-speaking subsidiaries, and is tailored to accommodate banking requirements in every region Bancolombia operates.

"Finacle gives Bancolombia an enormous competitive edge," said Haragopal Mangipudi, Global Head, Finacle, Infosys. "Bancolombia can now get new products to market within days and they're able to clear payments and loans immediately because of straight-through processing. Finacle centralizes all of the bank's vital functions into one, easy-to-operate platform."

The Infosys Ltd stock closed the day at Rs.2339, down by Rs.21.40 or 0.91%. The stock hit an intraday high of Rs.2363.35 and low of Rs.2331.10.

The total traded quantity was 0.14 lakhs compared to 2 week average of 1.33 lakhs.

Source: Equity Bulls

Posted On: 2012-11-14 02:35:57

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Rallis India Board recommends Final Dividend of Rs. 1.40 for 2013-14
HDFC Bank Fixes Book Closure for 2013-14 Dividend & AGM
Reliance commissions its Elastomers Customer Support Centre at Vadodara
Mangal Credit and Fincorp Ltd announces changes to its Board
Persistent Systems appoints Mritunjay Singh as COO
Future Consumer Enterprise Ltd to form subsidiary in UAE
ALKALI Metals skips dividend for 2013-14
Wendt India Board recommends Dividend of Rs. 15
Vijay C Khanna resigns as Independent Director of GEI Industrial Systems Ltd
Medicaps Ltd appoints Manish Jain as CFO
Tech Mahindra to acquire 75% stake in Fix Stream Networks Inc.
Welspun Corp Ltd to consider financial results on April 29, 2014
Smartlink Network Systems to consider financial results on April 29, 2014
Reliance Jio and ATC India sign Tower-Infra Sharing Pact
Persistent Systems Board recommends Final Dividend of Rs. 4 for 2013-14
SC Chief Justice denies Teva's Request for an Injunction Relating to Generic CopaxoneŽ
CRISIL announces revision in Ratings of Corporation Bank
BASF India Board to consider Dividend for 2013-14
Lupin to announce FY14 results on May 07, 2014
Alstom T&D India to aptimise grid operations for North-East India
Ajanta Pharma Board to consider Dividend for 2013-14
TCS signs agreement with Mitsubishi Corporation to merge its Japan operations with ITF and NTSC
Finolex Industries Board to consider Dividend for 2013-14
ADC INDIA Communications Board to consider Dividend for 2013-14
Syncom Formulations India appoints Ankit Bankda as CFO
Piramal Phytocare Ltd to consider financial results on April 29, 2014
Petronet LNG Ltd clarifies on stake sale to Oman
Hero MotoCorp enters Bangladesh in JV with Nitol Niloy Group
LIC Housing Finance Ltd Q4 net profit rises to Rs. 370.02 crore
Bombay Cycle & Motor Agency Fixes Book Closure for Dividend & 95th AGM
Stovec Industries Fixes Book Closure for Final Dividend & 40th AGM
Ramdas T Rajguroo resigns as Director of Agarwal Industrial Corporation Ltd
Rekvina Laboratories fixes Record Date for Stock Split
Geometric Board to consider Dividend for 2013-14
LIC Housing Finance Board recommends Dividend of Rs. 4.50 for 2013-14
Shriram City Union Finance to announce FY14 results on April 30, 2014
NG Industries Board to consider Dividend for 2013-14
Himalya International Ltd to consider financial results on April 26, 2014
Suprajit Engineering Board to consider Final Dividend for 2013-14
JK Tyre clarifies on increase in volumes
Hindustan Zinc posts net profit of Rs. 1881.2 crore in Q4
Hindustan Zinc Board recommends Final Dividend of Rs. 1.90 for 2013-14
Shoppers Stop closes franchisee Crossword Store at Kolkata
Hindustan Zinc Fixes Book Closure for 2013-14 Final Dividend & AGM
Shriram City Union Finance Ltd to consider financial results on April 30, 2014
Sasken Communication Technologies Board to consider Final Dividend for 2013-14
Indsil Hydro Power and Manganese to consider financial results on May 5, 2014
PVR Board to consider Dividend for 2013-14
The Tata Power Company Limited Rights Issue oversubscribed by 1.96 times
Sterlite Technologies Board to consider Final Dividend for 2013-14




  

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2014