NDB Bank picks Oracle-based FinnOne Retail

Sri Lanka’s NDB Bank has selected nucleus’ flagship product - FinnOne™ Retail Suite from Nucleus Software Exports Ltd on the Oracle Database and Oracle Fusion Middleware. NDB Bank will implement Oracle technology-based FinnOne™ Customer Acquisition System (CAS), FinnOne™ Lending and FinnOne™ Collections across its 32 branches in the country, Oracle said in a press release.

The release said NDB Bank, one of the biggest banks in the country, was looking at a one-stop shop solution catering to housing loans, consumer financing and leasing business that would complement their existing core banking solution.

It said FinnOne™ Retail proved to be the best fit for the Bank’s requirement. FinnOne™ Retail will help NDB Bank gain increased efficiency in their operations, resulting in easy inter-operability across branches and developing efficient workflow systems in their lending business.