Infosys Buys Australian Tech Module For Finacle
24th April 2008 @ 13:30
IT bellwether [1] Infosys Technologies today said it has bought advanced technology module from an Australian company to enhance the features of its banking software product [2] Finacle.
“We have acquired IP (Internet Protocol) from an Australian company this month to add more functionality to Finacle. The IP, which provides a comprehensive set of financial tools to our existing product line is suitable for large banks in European countries who use advance technology,” [3] Infosys Technologies banking division (Finacle) Head Haragopal M told PTI.
He said Finacle with the IP module would be priced separately, which would add to the company’s topline and bottomline in the current financial.
[4] Original Source
Article printed from ThinkingStreet - Business Strategy for the Flat World
URL to article: http://thinkingstreet.com/business/2008/04/24/infosys-buys-australian-tech-module-for-finacle/
URLs in this post:
[1] Infosys: http://www.infosys.com
[2] Finacle: http://www.infosys.com/finacle/index.asp
[3] Infosys Technologies: http://www.infosys.com
[4] Original Source : http://www.business-standard.com/common/news_article.php?leftnm=8&subLeft=2&
amp;chklogin=N&autono=320971&tab=r
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