CFS selects Finacle from Infosys

CFS will replace systems across its back-office and channels in the Retail Banking and Corporate Banking businesses with Finacle

 

Infosys Technologies Ltd. and The Co-operative Financial Services (CFS) have announced that CFS has chosen Finacle Universal Banking Solution to power its business transformation initiative. As part of the programme, CFS, part of The Co-operative Group, the UK's largest consumer co-operative, will replace systems across its back-office and channels in the Retail Banking and Corporate Banking businesses with Finacle. This initiative will also include the implementation of Finacle core banking, CRM (uniting CFS banking and insurance businesses) and e-banking solutions across the critical home-market operations of CFS in the UK.

 

Source: The Financial Express