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Nucleus Software appoints Raqmiyat as its channel partner |
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12/28/2006 8:47:49 AM |
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Nucleus Software Exports Limited, a leading global provider of next generation software products for the banking and financial sector has appointed Raqmiyat, a leading UAE Systems Integration firm, as its regional marketing partner. Through this partnership, Nucleus is looking at leveraging Raqmiyat’s geographical reach and regional expertise to market its FinnOneTM Suite solutions in the GCC.
FinnOneTM Suite is an integrated suite of applications designed to support the entire business process spectrum for the banking and financial services sector. The FinnOneTM Suite solution automates and manages the complete application processing flow for any retail and corporate finance instrument - be it auto loans, personal loans, home loans, credit cards or services related applications. FinnOne™ Collections system also manages the entire collections process while focusing on tracking and managing delinquencies through a series of proactive actions and tighter supervision. FinnOneTM is used by over 124 global financial institutions and offers a unique platform that comes loaded with add-on modules, supporting any phase of the distressed receivable lifecycle and enabling powerful recovery management.
“This is a significant win that further underscores Raqmiyat’s status as the preferred regional IT system integrators for global technology leaders. Nucleus solutions will bolster Raqmiyat’s portfolio for the retail banking sector. The areas of primary interest are retail and corporate lending – covering end-to-end business requirements of customer acquisition, loan origination, loan management and collections – and cash management,” said Babu Santhanam, AVP Business Development-Financial Solutions, Raqmiyat.
Raqmiyat's decision to market the FinnOneTM Suite is part of its managed portfolio expansion and cross-sectoral diversifcation strategy. As a Channel Partner, Raqmiyat will distribute Nucleus’ FinnOneTM Suite in the GCC market, and also provide implementation and local first level support services to customers. Raqmiyat and Nucleus are working on expanding their partnership by adding supplementary Nucleus products to Raqmiyat’s portfolio.
Commenting on the partnership with Raqmiyat, Sushil Tyagi – Vice President – Sales (MESA) of Nucleus said, “Raqmiyat is a well established and respected solution provider to the banking sector, with over 35 regional banks as customers. Raqmiyat’s market reach and relationship with the banking community, coupled with strong sectoral domain knowledge, make it an ideal partner for Nucleus’ expanding regional role.”
“The Middle East’s banking sector has become increasingly competitive, with providers constantly seeking ways to reduce operational costs and increase productivity. With the addition of Nucleus solutions, we are confident that our extensive portfolio will continue to help businesses grow in the Middle East markets,” concluded Santhanam.
Dubai-based Raqmiyat is leading systems integration and IT services company, providing world-class business and technology solutions through partnerships with international firms. Achieving several certifications on the technical front, Raqmiyat has developed a team of experienced professionals who provide professional services and support to its clients, guaranteeing business continuity on 24x7 basis.
About Nucleus Software Export Limited:
Nucleus Software, established in 1986, has been providing innovative & pioneering Products & Customized Software Solutions with focus on the Banking & Financial Services Sector. With global presence & development centers, Nucleus has developed solutions in Retail banking, Corporate banking, Credit Cards, CRM, ATM, FX, Credit Appraisal, Cash Management, Workflow, EAI, Relationship Banking, E-Commerce, M-Commerce, MIS, BASEL II, Management dashboards etc.
About FinnOne™ Suite:
FinnOne™ is an integrated suite of applications designed to support the whole spectrum of business offerings of Banks and Financial Solutions companies. FinnOne™ CAS automates and manages the complete application processing flow for Retail/ Corporate Financing as well as Cards, allowing banks to integrate the different touch-points in their supply chain for acquisition prospecting and pre-disbursal processing. FinnOne™ Lending, a software module of the FinnOne™ suite, built with the objective of providing operational and decision-making support to all the asset side business lines assists in introducing new product offerings and tailor made schemes, reducing time-to-market and automating processes within the retail loan space. The FinnOne™ Collections system managing the entire collections focuses on tracking and managing delinquent customers; helping organizations in minimizing delinquencies through a series of proactive actions and tighter supervision. A unique platform that comes loaded with add-on modules, supporting any phase of distressed receivables lifecycle and enabling powerful recovery management.
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