ThatвЂ™s why Forbes ranked Infosys 19 among the top 100 most innovative companies. Since 1994, MKTY has been active in delivering technology-driven business solutions for the banking and financial services industry.ДЄbout Infosys ( Infosys partners with global enterprises to drive their innovation-led growth. Ethiopia played an integral part in introducing Finacle to the Ethiopian banking community.

Finacle is the technology platform that can serve as an effective foundation for Bunna and other banks in Ethiopia as they find ways to engage more consumers.вЂќДЄs the localГѓвЂљГ‚В business partnerГѓвЂљГ‚В of Infosys, MKTY IT Services Plc. вЂњBeing chosen as BunnaвЂ™s long-term technology partner is an excitingГѓвЂљГ‚В opportunityГѓвЂљГ‚В for us,вЂќ said Amit Dua, Associate Vice President and Head вЂ“ Client Services EMEA, Finacle, Infosys, вЂњAs a forward-looking bank, Bunna has rightly chosen to leverage technology to power business transformation and growth. This new solution, which will be implemented in a relatively short period, is the key to helping us become far and away the best bank in Ethiopia.вЂќ вЂњFinacle gives us the flexibility we need to grow. вЂњWe have always believed that technology delivers a competitive edge in banking,вЂќ the President of Bunna, Ato Eshetu Fantaye, said. Using Finacle will allow Bunna to facilitate real-time processing of transactions and settlements of payments, which sets the stage for future innovations like mobile wallets and agency banking. With Finacle, Bunna is not only well positioned to meet the regulatory demands but also has the added benefits of automating itsГѓвЂљГ‚В loansГѓвЂљГ‚В and deposit operations. Part of the mandate calls for a National Payment System to facilitate automated settlements and inter-bank money transfers. With this solution, the bank will also be able to bring to market targeted and innovative services faster than ever before.Д«unnaвЂ™s decision to deploy Finacle comes at a time when the National Bank of Ethiopia is mandating its member banks to automate their services. Automated services of the core banking solution will ensure faster processing of front and back office requests and an improved turnaround time for customers. This solution will give the bank an edge over competition by helping it meet customer and market demands with greater agility. This transformation will help Bunna improve the overall banking experience for its customers.ДЇinacle will also complement the bankвЂ™s aggressive growth plans, which involves doubling its network to 35 branches within the financial year. This will include automating theГѓвЂљГ‚В credit checkГѓвЂљГ‚В and loan approval processes for risk-free and efficient loan disbursals. Finacle will enable the bank to integrate its front and back office operations and deploy a state-of-the-art loan origination system. ADDIS ABABA, Ethiopia and BANGALORE, India, November 1, 2012/PRNewswire-FirstCall via African Press Organization (APO)/ - New Core Banking Solution to Improve Customer Service and Operational EfficiencyД«unna International Bank, a leading player in the Ethiopian market, today announced the selection of Finacle core banking solution ( )ГѓвЂљГ‚В from Infosys for its transformation journey.

Infosys finacle core banking logs