Can Finacle drive growth for Infosys in Financial Services?

The Finacle subsidiary of Infosys is at the core of its EdgeVerve software products business. One-third of Infosys Group revenue is from the wider Financial Services sector where the provision of software and the associated implementation and services is seen as a key generator of revenue and value-add. Finacle has significant international scale and a highly rated, modular software suite. It is also developing more cloud delivery partners and extending the capabilities of its portfolio.

However, despite a large global installed base, Finacle and other software products still generate less than 5% of group revenue. In the UK, Finacle has been limited to supporting niche operations of the major banks and has yet to show progress among the challenger banks.

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