New Launch9 Sept 2025, 10:42 am
Bank CTBC Indonesia Adopts Infosys Finacle Digital Banking Solution on Cloud
AI Summary
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and PT Bank CTBC Indonesia, subsidiary of the CTBC Group, Taiwan, have successfully deployed Finacle Digital Banking Solution Suite on a cloud hosted model. This deployment enables the bank to scale effortlessly to meet growing business demands and deliver innovations faster, ensuring shorter time-to-market for new products and services. The bank has upgraded to the latest version of Finacle loans, deposits, trade finance, payments, and customer data hub as part of this adoption.
Key Highlights
- The Finacle Digital Banking Solution Suite on cloud accelerates new feature releases and fosters rapid innovation, ensuring improved time-to-market for new offerings while maintaining robust security.
- The Finacle Customer Data Hub gives the bank a unified, 360-degree view of customer data, enabling hyper personalization of services and seamless third-party integration for allied offerings.
- The bank has seen transformative performance gains by opting for the Finacle suite on a PostgreSQL database platform, resulting in over 300% reduction in bulk processing time and significantly reduced total cost of ownership (TCO).