Infosys Launches Finacle 11E- An Advanced Universal Banking Solution to Simplify Banking Transformation

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September 18, 2013 

Dear Sirs/Madam, 

Sub: Press Release

Please find attached the press release titled "Infosys Launches Finacle 11E- 
An Advanced Universal Bankinq Solution to Simplifv Bankinq Transformation"

This is for your information and records. 

Yours sincerely,

For Infosys Limited

Parvatheesam K
Chief Risk Officer & Company Secretary
    Infosys Launches Finacle 11E- An Advanced Universal Banking Solution to 
                         Simplify Banking Transformation

Bangalore, India & Dubai, UAE - September 18, 2013: Infosys, a global leader in
consulting, technology and outsourcing, today announced the launch of Finacle
11E, an advanced universal banking solution that simplifies banking
transformation. The solution's componentized approach helps banks of all sizes
to rapidly modernize their operations, in a phased manner while minimizing 
risk. Its enterprise-class components are expected to enhance the efficiency 
of a bank's operations, while improving customer experience across all 
channels.

Finacle 11E is the latest release of the award-winning Finacle universal 
banking solution. It builds on Finacle's success of delivering powerful 
benefits to global banks, including an annual rate of return of over 55% on 
core banking transformation investments*. It also facilitates the launch of 
new products and services faster - Finacle clients have experienced an average
improvement of 33 per cent in their time to market.**

As banks aim to reinvent their business and navigate the current challenges in
the macro-economic environment, Finacle 11E promises a simplified approach to
banking transformation:

  * Its componentized structure makes it easy for banks to quickly target new
    customer segments. Banks can also choose the components they need and 
    replace their existing systems one step at a time, to progressively 


modernize their business.
  * The product factory capabilities in Finacle 11E empower banks to create and 
deploy new products in weeks instead of months.
  * The solution's ready-made integration adaptors and compliance to industry 
standards ensure shorter deployment cycles and significantly lower total  
project costs.
  * Its enterprise class capabilities helps banks break their technology silos 


    and eliminate duplicate applications. This helps banks reduce their cost of
    operations and simplify their processes. With this release, Finacle has 
    added six new enterprise components to its suite:
    o Payments - An IS020022 based advanced payment services hub to 
      future-proof banks' payments business
    o Multichannel Framework - Enables customers to navigate seamlessly across
      multiple channels without losing the transaction context
    o Offers and Catalog - Empowers banks to publish instant offers across
      channels. Graphical product simulators, comparators, customer reviews
      offer customers a "Do It Yourself" convenience
    o Liquidity Management - Front-to-back office solution for bank's corporate
      customers to identify, manage and optimize their liquidity
    o Loan Origination - Helps banks manage the complete credit lifecycle 
      across retail and commercial loans to attain superior credit quality
    o Dashboards - Configurable role-based console delivers an intuitive user
      experience that improves productivity and frees up time for right-sell
      discussions

Quotes :
Haragopal M, Global Head-Finacle, Infosys:
"Complexity of business operations and need for technology modernization are
amongst the biggest hurdles to accelerate growth today. Leveraging the
componentized nature of Finacle 11E, banks can choose to deploy a solution in
phases based on business priorities. This ensures simplified transformation
journey and faster realization of modernization benefits."
 
Robert Hunt, Senior Research Director, CEB TowerGroup:
"Large banks are reluctant to undertake core modernization projects due to the
risks and complexity of the effort. By componentizing their products, core
vendors are providing banks with the flexibility needed to develop phased
implementation plans that reduce this risk. Moreover, componentization allows
banks to prioritize their efforts, improving the business case for core
modernization by focusing on functions that provide the greatest short term
benefits".

Ali Sajwani, Chief Information Officer, Emirates NBD:
"Finacle Core Banking Solution has been powering our operations since 2009. As 
a long term partner, Finacle has helped us grow both organically and
inorganically. It is encouraging to see Infosys constantly evolving their
solution to meet growing needs of banks for simplification and easy
modernization. We are currently rolling out their new liquidity management
solution to offer tailor-made cash management products to our corporate and 
SME clients."

Peter Schlebusch, Chief Executive of Personal & Business Banking, Standard
Bank:
"Infosys has been our partner in business transformation for over 3 years now.
Today, we run Finacle solutions in five countries and have plans to expand it 
to other territories to achieve higher operational efficiencies and faster 
growth. We are glad that Infosys continues to invest in the solution and now 
with Finacle 11E are bringing out capabilities which will help banks to 
simplify their operations and deliver superior customer experience."

*Based on a client case study prepared by independent research firm Aite
**Based on an independent Business Value Articulation (BVA) survey conducted
with 46 Finacle clients by Feedback Business Consulting Services, a third party
independent market research organization

Additional Resources

  * Click here to read more about Finacle 11E
  * Click here to viewa short video on Finacle 11E
  * Click here to read about how to simplify banking
  
About lnfosys
lnfosys is a global leader in consulting, technology and outsourcing solutions.
We enable clients, in more than 30 countries, to stay a step ahead of emerging
business trends and outperform the competition. We help them transform and
thrive in a changing world by co-creating breakthrough solutions that combine
strategic insights and execution excellence.
Visit www.infosys.com to see how lnfosys (NYSE: INFY), with $7.4B in annual
revenues and 155,000+ employees, is Building Tomorrow's Enterprise(r) today.

Safe Harbor
Certain statements in this release concerning our future growth prospects are
forward-looking statements, which involve a number of risks and uncertainties
that could cause actual results to differ materially from those in such
forward-looking statements. The risks and uncertainties relating to these
statements include, but are not limited to, risks and uncertainties regarding
fluctuations in earnings, fluctuations in foreign exchange rates, our ability 
to manage growth, intense competition in IT services including those factors 
which may affect our cost advantage, wage increases in India, our ability to 
attract and retain highly skilled professionals, time and cost overruns on 
fixed-price, fixed-time frame contracts, client concentration, restrictions on
immigration, industry segment concentration, our ability to manage our 
international operations, reduced demand for technology in our key focus areas,
disruptions in telecommunication networks or system failures, our ability to 
successfully complete and integrate potential acquisitions, liability for 
damages on our service contracts, the success of the companies in which Infosys
has made strategic investments, withdrawal or expiration of governmental fiscal
incentives, political instability and regional conflicts, legal restrictions on
raising capital or acquiring companies outside India, and unauthorized use of
our intellectual property and general economic conditions affecting our
industry. Additional risks that could affect our future operating results are
more fully described in our United States Securities and Exchange Commission
filings including our Annual Report on Form 20-F for the fiscal year ended 
March 31, 2013 and on Form 6-K for the quarter ended June 30, 2013. These 
filings are available at www.sec.gov. Infosys may, from time to time, make 
additional written and oral forward-looking statements, including statements 
contained in the company's filings with the Securities and Exchange Commission
and our reports to shareholders. The company does not undertake to update any
forward-looking statements that may be made from time to time by or on behalf 
of the company unless it is required by law.

For Further information please contact:

Asia Pacific
Abhijith Karthikeya D
Infosys, India
Phone: +91 80 41563373 
Abhijith_Damodar@infosys.com

EMEA
Paul de Lara
Infosys, UK
Phone: +44 2075162748 
Paul_deLara@infosys.com 

Americas
Ken Montgomery
Phone: +1 415.318.4399 
KMontgomery@GolinHarris.com

Australia & New Zealand 
Cristin Balog
Infosys, Australia
Phone: + 61 3 9860 2277 
Cristin_Balog@infosys.com


                  
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-0- Sep/18/2013 09:57 GMT
 
 
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