Nucleus Software's FinnOne Neo® platform has provided an innovative solution for MB Bank's management ecosystem

Nucleus Software, a global provider of advanced digital transformation and transaction banking solutions, in collaboration with the FPT Information System Corporation Consortium, announced that Military Joint Stock Commercial Bank (MB Bank), one of Vietnam's top five commercial banks, has successfully implemented FinnOne Neo® in debt management and collection.

The Collection platform provides MB Bank with a unified system that optimizes internal collection workflows, contributes to enhanced efficiency in debt recovery, and delivers a seamless experience throughout the debt management process. With its modular architecture, FinnOne Neo® supports automation and improves collection and recovery efficiency across key portfolios.

"FinnOne Neo® is regarded for meeting customer expectations with speed and precision," said Mrs. Bùi Thị Miền, Deputy Director of the Risk Management Division, MB Bank. "The system's modules not only align with international standards but have also been customized to comply with the legal conditions and regulations in Vietnam. In particular, the Repo, Settlement, and Legal modules have received considerable attention to ensure optimal output results."

Parag Bhise, CEO & Executive Director, Nucleus Software, added, "We are delighted to partner with MBBank on this initiative. FinnOne Neo® provides a secure, configurable, and analytics-powered platform that helps collection system operate efficiently and flexibly."

MBBank is accelerating digital adoption, optimizing cost efficiencies, and driving future-ready innovations across its retail and SME businesses, expanding its digital footprint across Vietnam. FinnOne Neo® plays a part in this process.

Shares of Nucleus Software Exports Limited was last trading in BSE at Rs. 933.20 as compared to the previous close of Rs. 926.95. The total number of shares traded during the day was 5659 in over 598 trades.

The stock hit an intraday high of Rs. 973.55 and intraday low of 917.00. The net turnover during the day was Rs. 5406479.00.

Source : Equity Bulls

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NucleusSoftwareExports INE096B01018 FinnOneNeo InnovativeSolutions