 "YES BANK To Deploy FinnOne CAS")
In a bid to power its retail banking arm, YES BANK has chosen to deploy FinnOne CAS, a loan management and collections suite from Nucleus Software. The solution will allow the bank to offer value-added retail liability, third-party wealth management and retail asset products to its customers.
Scheduled to be implemented across all 24 branches of the bank, FinnOne CAS is said to automate and manage the complete application processing flow for retails and corporate financing and allow banks to integrate different touch-points in their supply chain for acquisition prospecting and pre-disbursal processing.
The deployment will enable YES BANK to streamline its sales team to ensure a quicker turn around time for customer acquisition said Nucleus Software in a statement.
Commenting on the initiative, Rana Kapoor, MD &CEO, YES BANK, said, “We believe FinnOne Suite will provide us with cutting-edge capability in our business. Considering that YES BANK has no legacy issues, we will be able to quickly and efficiently rollout the system at all our branches throughout the country.”
Built on Oracle platform, FinnOne is an integrated suite of applications designed to support the typical business offerings of banks and financial solutions companies.
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