Sterling Bank of Asia Moves Core Systems to Cloud via Infosys Finacle SaaS

General News

Summary

Sterling Bank of Asia has selected Infosys Finacle SaaS to modernize its core banking and related digital operations. The bank will move key functions such as core banking, customer data management, trade finance, and loan origination to a cloud-hosted platform. This shift should reduce upfront infrastructure costs, simplify IT operations, and enable automatic upgrades and security patches. The move also gives the bank more flexibility to scale with transaction demand and adapt to regulatory requirements.

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies