Infosys Finacle, the banking solutions unit of EdgeVerve Systems (a subsidiary of Infosys), has announced a strategic collaboration with Bank of Sydney to implement the Finacle Digital Banking Suite on Amazon Web Services (AWS) Cloud.
Bank of Sydney aims to leverage this platform to accelerate its digital transformation, simplify IT infrastructure, enhance customer experience, and reduce operational costs through automation. The deployment includes core banking, mobile and online banking, onboarding, and engagement hubs — all offered in SaaS mode via AWS.
Key highlights of the deal:
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BoS will benefit from a preconfigured, Australia-ready version of Finacle’s Reference Bank to speed up go-live.
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The cloud-native suite will help the bank innovate faster and integrate efficiently using open APIs.
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This will enable the bank to retire legacy applications and modernize its tech stack with enhanced agility.
Bank of Sydney’s CEO Melos Sulicich said, “With Infosys Finacle, we have a next-generation banking platform to address the evolving needs of our customers, business, and regulatory ecosystem.”
AWS and Infosys representatives also stressed the significance of this partnership in delivering scalable, secure, and customer-centric digital banking solutions.
This marks another milestone in Infosys Finacle’s growing presence in the Australian banking sector.
Disclaimer: Certain statements in this article are forward-looking and subject to risks and uncertainties as outlined in Infosys’ filings with the US SEC.
