Australian Military Bank has gone live with Infosys’ Finacle solution

0
639
Australian Military Bank Infosys FInacle

Finacle solution is Australia’s first core banking system using fully commit to Software-as-a-Service (SaaS)

  • Australian Military Bank (formerly Australian Defence Credit Union) has been providing banking services to the Australian Defence Force since 1959
  • Infosys Limited is an Indian multinational corporation that provides business consulting, information technology and outsourcing services
  • Finacle solution includes retail banking, retail loan origination, customer relationship management, internet banking, mobile banking and agency tablet banking
  • The platform is PCI compliant and meets Australian Prudential Regulation Authority (APRA) requirements and integrated with Cuscal for payment systems
  • The bank replaced its legacy MPLS network with a SD-WAN solution, which reduced the overall data networking costs and substantially increased each site’s bandwidth capabilities