Nucleus Software, an Indian lending and transaction banking software provider, said that Bank of Sydney has selected FinnOne Neo, the former’s flagship lending solution for expediting its digital lending transformation strategy.

According to Nucleus Software, Bank of Sydney for automating and digitizing the origination processes for mortgages and credit cards, wanted a sophisticated lending solution The Indian firm said that the FinnOne Neo solution will facilitate greater end-to-end acquisition and management of online customers.

FinnOne Neo will also help Bank of Sydney to launch new products faster, speed up growth, and provide its customers with next generation digital banking experiences.

Miltos Michaelas – CEO of Bank of Sydney said: “As our customers’ needs evolve, technology has an ever-greater role to play in helping us achieve our goals. FinnOne Neo will allow us to launch new products faster, accelerate growth and offer a great digital banking experience to our customers.

“Ultimately, it will free up our people so that they can spend more time doing what matters – helping customers manage their banking needs.”

The lending solution from Nucleus Software will digitize the complete, end-to-end loan lifecycle of the bank.

FinnOne Neo will also enable the Australian bank to connect with customers across a variety of channels, while helping them in coming up with better credit decisions faster.

Furthermore, the lending solution from Nucleus Software helps comprehensive loan servicing and also sophisticated delinquency management.

Parag Bhise – CEO of Nucleus Software said: “We are delighted to welcome Bank of Sydney to our rapidly growing customer base in Australia and to our global family of more than 200 financial institutions.

“Bank of Sydney with its belief in the power of real human connection, understands the need to embrace technology while delivering value to the customers. FinnOne Neo will give them the enhanced capabilities to build strong enduring relationships with their customers.”

  Australia, Bank of Sydney, Banking industry news, FinnOne Neo, Fintech industry news, Miltos Michaelas, Nucleus Software, Parag Bhise