Welcome to Knowledge Base!

KB at your finger tips

This is one stop global knowledge base where you can learn about all the products, solutions and support features.

Categories
All

Products-Finacle

Unlocking Wealth Management Advantages with Finacle

Digitize Wealth Management. Unlock New Possibilities

Finacle Wealth Management offers a unified platform that provides a full spectrum of wealth products and services. By empowering advisors with tools and insights, this solution enables the delivery of personalized investment strategies leading to exceptional client experiences. The platform allows for streamlined operations, optimized processes, and provides a comprehensive range of wealth products to enhance client journeys. Its flexible design seamlessly integrates with core banking systems and market data providers, fostering innovation and operational efficiency. Whether you are a universal bank, private institution, or wealth management firm, Finacle Wealth Management helps in building diverse portfolios, gaining a competitive edge, and increasing client satisfaction.

Empower Clients and Advisors With a Unified, Multi-Asset Platform

Finacle Wealth Management offers a comprehensive solution that allows investors and their relationship managers to transact in thousands of products across 12 asset classes. This state-of-the-art multi-entity platform integrates a seamless onboarding journey, portfolio consolidation across various asset classes such as Mutual Funds, Equity, Bonds, Insurance, Structures, PMS, Private Equity, and more. The product easily integrates with multiple surround systems to provide advanced analytics reports to clients for effective monitoring and review.

Advanced Architecture for Future-Proof Investments

Featuring a cloud-native, API-driven design, Finacle Wealth Management is built to future-proof investments. The modular architecture offers maximum flexibility and collaboration within the financial services industry. Institutions like DBS have leveraged this advanced architecture to streamline wealth product offerings and accelerate deployment across multiple markets. Through smart product bundling, banks can expand their portfolios to include Bonds, Equity, Retirement Accounts, Structured Products, Insurance, Margin Finance, and IPO capabilities.

Empower Advisors for Exceptional Client Outcomes

Finacle Wealth Management elevates client experiences by empowering advisors with insights, collaboration tools, and the ability to deliver tailored advice. Advisors can gain holistic client insights with detailed profiles, financial planning, and risk assessments. Strengthening advisor-client relationships through timely portfolio updates and rebalancing insights, this solution optimizes client portfolio performance with automated recommendations, deviation alerts, and rebalancing tools.

Maximize Operational Efficiency and Reduce Costs

By simplifying operations and lowering the total cost of ownership (TCO), Finacle Wealth Management helps in maximizing operational efficiency. The solution offers automation and intelligent governance to streamline back-office operations like order management, fees, reconciliation, and more. Enhancing communication between front and back-office, automating SWIFT messages, and simplifying corporate action processing, Finacle Wealth Management helps in seamless integration with enterprise applications for proactive risk mitigation, automated exception handling, and centralized compliance reporting.

Drive Internal and External Growth Through Innovation

Finacle Wealth Management spurs innovation with a library of 350+ APIs, enabling easy integration with systems, process streamlining, and staying ahead of the curve. By focusing on configuration & extensibility for accelerating new product rollout and tapping into a curated ecosystem of innovations on Finacle's App Center, this platform encourages collaboration with industry leaders and fintechs to drive internal and external growth through co-innovation aligned with emerging trends.

Finacle Digital Engagement Suite: Revolutionizing Customer Engagement and Banking Operations

Deliver Engaging Customer Experiences

The Finacle Digital Engagement Suite is a cutting-edge omnichannel solution designed to assist banks in onboarding, selling, servicing, and engaging their retail, small business, and corporate customers. This suite provides a wide range of traditional, modern, and emerging channel experiences to all users, including end customers, bank staff, external partners, and trusted third parties. The primary goal of the Finacle Digital Engagement Suite is to enable banks to foster deeper customer engagements, promote openness and agility for innovation-led growth, and achieve digital operational excellence. This is facilitated by a unified engagement hub, a diverse suite of digital experiences, a top-tier architecture, a robust ecosystem, and end-to-end transformed experiences.

Read article

Transforming Lending Practices in the Digital Age with Finacle Digital Lending Suite

Reshaping Lending Landscape

The Finacle Digital Lending Suite is a cutting-edge, cloud-native solution designed to cater to banks and Financial Institutions of varying sizes. This comprehensive suite revolutionizes the lending landscape by digitizing the entire loan lifecycle. It enhances lending agility, streamlines risk management, and boosts operational efficiencies.

Read article