By the end of the year, over 500 engineers are being planned to be hired by Nucleus Software that provides lending and transaction banking solutions, as per a report released by The Economic Times. According to a statement, till December 2021, 500 fresh young engineers coming from non-metro cities and towns across India shall be target by Nucleus for hiring.
The statement further added that not only through direct hiring but also through tie-ups with engineering colleges across Uttarakhand, Punjab, Haryana Karnataka, Tamil Nadu, Himachal Pradesh and Rajasthan, this shall be undertaken.
Every year around 2,000 people and nearly 200 to 250 campus hires are absorbed by Nucleus Software. Along with another 20 colleges being onboarded this year, with educational Institutes, the company has more than 50 partnerships in place. To make these young graduates industry-ready, on cutting edge technology for the global financial sector, they shall be trained in an intensive 6 to a 12-week program conducted by the Nucleus School of Banking Technology, the statement added.
Supporting corporate banking, retail lending, cash management along with mobile and Internet banking, automotive finance and other business areas, the operations of more than 200 financial institutions in over 50 countries is being powered by Nucleus Software and more than 26 million daily transactions are being facilitated by its products.
As mentioned by Vishnu Dusad, the managing director of Nucleus Software, since most corporates do not hire from smaller colleges, although engineering graduates from smaller towns and cities have a lot to offer their potential is usually left untapped.
