EdgeVerve Systems, a wholly-owned product subsidiary of Infosys, offers digital banking solutions, AI, and automation, assisting clients to thrive in their digital transformation journey. The company has two key business units - Finacle and Edge Suite of solutions. Finacle offers a front-to-back digital banking solution suite. Finacle solutions address the core banking, lending, digital engagement, payments, cash management, wealth management, treasury, analytics, AI, and blockchain requirements of emerging and established financial institutions. Our cloud-native solution suite and SaaS services help banks engage, innovate, operate, and transform better to scale digital transformation with confidence. With Edge Suite of solutions, our mission is to create a world where our technology augments human intelligence and creates possibilities for enterprises to thrive. Our comprehensive product portfolio across AI, Automation, and Supply Chain helps businesses accelerate growth.
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1. Ease of deployment 2. Great administrative and monitoring capabilities. 3. One of the best solutions to access and use core banking services such as account creation, account management, account lending, and account history using a single platform. 4. Ease to use and simple UI for all types of users.
The vendor response to queries and the approach to tackle with issues
1. User interface 2. Front-end mapping and functions 3. Centralized approval process 4. User privilege management 5. Micro segmentation
1. Integration with legacy systems and other banking solutions is a bit of a hefty and difficult task. 2. Limited customization capabilities as per organization needs and requirements. 3. Lots of delays and issues from the support end and server capabilities are not at all up to the mark in comparison to the importance of the application in the organization.
The user interface and the lack of reports etc.
1. Menus are very lengthy 2. Take too much of your loading time 3. Need more customization