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Bangalore, Sept. 14

Infosys Technologies announced that a domestic bank in Croatia, Hrvatska Po{scaron}tanska Banka (HPB), has selected Finacle Universal Banking Solution from Infosys to drive its technology-led transformation initiative. Finacle core banking solution will replace the bank's legacy system and help strengthen the bank's competitive position by enabling innovation, greater process efficiencies, as well as by meeting the new regulatory requirements, including Basel II. HPB will also deploy the Finacle e-banking and treasury solutions. Earlier, the bank was using decentralised in-house legacy system, which lacked a unified view and seamless real time integration capabilities.

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