LEADERSHIP
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In helping financial institutions achieve this aim , Finacle is very much a collaborative partner rather than a traditional software vendor of of-the-shelf solutions . “ There is a lot of onus on banks today to ensure technology serves its purpose , and that what they do today is relevant for the next five , 10 or 15 years ,” Rao comments . Finacle ’ s understanding of the global market and the challenges its report outlines is key here , as well as being a responsible vendor building sustainable relationships with clients . With many vendors , management is involved in selection , but then delegates to other members . However , Finacle connects with companies at senior level on both the business and technology sides . “ There is executive sponsorship right up until the program is completed . I think this goes a long way in ensuring success , as well as bringing more certainty to a complex multi-year program ,” says Rao .
In releasing its 2019 report , Finacle has illustrated its global knowledge of the impact digital disruption is having on banking and will continue to assist its clients with a keen focus on what
“ THE PROOF OF THE PUDDING WILL BE IN HOW QUICKLY A BANK CAN LEVERAGE THIS NEW TECHNOLOGY TO LAUNCH PRODUCTS – CUSTOMERS ARE HUNGRY FOR INNOVATION ”
Sanat Rao , CEO and Global Head of Finacle
MARCH 2019