Nucleus Software’s FinnOne Neo Cloud wins the ‘Best Cloud Lending Solution’ award

Deepthi | Myequity news | Date : 19-02-2019 15:25:00 IST

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, won award for ’Best Cloud Lending Solution’ at the BFSI Innovative Technology Awards 2018 for FinnOne Neo Cloud. In addition to this, one of our implementation also won the “Best Lending Technology Implementation of the Year". These awards reinforce Nucleus Software’s proven leadership in the lending technology segment for the financial services industry.

Nucleus Software’s innovative solutions and extensive experience is helping NBFCs and HFCs to deliver tomorrow’s digital lending - today. With Nucleus FinnOne Neo Cloud lenders can offer on-the-spot mortgage loan approvals, extend credit profitably to people with informal income, provide end-to-end loan services on mobile devices, expand easily into new lines of business quickly and handle large volume of loans cost effectively.

Sarbpreet Singh (Global Head - Cloud Business, Nucleus Software) said, “We are proud to be recognized with these prestigious awards, which demonstrate the tremendous impact that the combination of innovative technology and customer-centric business strategies can have on financial services. Market leading lenders are leveraging the power of our advanced solutions to drive their digital journeys.

These are exciting times for us as we have gained more than 25 customers in the last 24 months, and as testament to the design of FinnOne Neo Cloud, 20 of them have gone live already. For 3 decades our award-winning solutions have been providing our customers with the agility they need to succeed in the marketplace, and look forward to continuing to support the transformation of financial services worldwide.”

About Nucleus Software:

Nucleus Software is the leading provider of lending and transaction banking products to the global financial services industry. Its software powers the operations of more than 150 companies in 50 countries, supporting retail banking, corporate banking, cash management, internet banking, automotive finance and other business areas. Nucleus Software is known for its world-class expertise and innovation in lending and transaction banking technology.

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