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MUMBAI: Infosys Technologies Ltd has informed BSE on Wednesday that Aspis Bank, Greece has gone live on Finacle Universal Banking Solution.

While the core banking solution went live in the last quarter of 2007, the treasury solution has been operational at the bank since September 2005. The state-of-the-art solution that has gone live across 83 branches has enabled the bank to embark on its ambitious business transformation strategy aimed at aggressive growth and rapid differentiation.

Post implementation, the bank has seen the launch of 7 new products in a short span of 12 weeks, almost 40% increase in average transactions/day and a threefold increase in ATM charges.

Mr. Haragopal M, Vice President and Business Head - Finacle, Infosys Technologies said, "We are delighted to see Finacle powering the business transformation at Aspis Bank. Greece, Cyprus and the Balkans constitute a strategic market for Infosys and we a re looking to enable banks in this region to become more competitive and customer focused by leveraging technology. We look forward to closely working with Aspis Bank helping them further harness the capabilities of Finacle."

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