BRAC Financial institution and Nucleus Software program win IBS Intelligence World FinTech Innovation Awards for deployment of provide chain finance resolution for SMEs

Up to date:
Mar 24, 2023 10:16 IST

New Delhi [India], March 24 (ANI/BusinessWire India): Nucleus Software program, the main supplier of lending and transaction banking options to the world monetary companies business, right now introduced profitable the “Finest Implementation in Transaction Banking” Award by IBS Intelligence World FinTech Innovation Awards 2022, for an Progressive Transaction Banking resolution implementation.
The award acknowledged the speedy implementation of Nucleus Software program’s Provide Chain Financing resolution from their Transaction Banking Suite FinnAxia™ at BRAC Financial institution designed to help the financial institution’s technique of venturing into the availability chain financing market to supply seamless options for all its finish buyer choices. Because of the answer’s refined end-to-end digital capabilities, BRAC Financial institution can onboard prospects quicker and repair in 4 minutes and 52 seconds enabling faster buyer activation. FinnAxia™ is a totally automated and paperless resolution which permits the Banks prospects to function in a hassle-free atmosphere thus creating buyer delight and engagement.

Selim R. F. Hussain, Managing Director & CEO of BRAC Financial institution, stated: “As a SME-focused financial institution, BRAC Financial institution at all times strives to cater to the evolving wants of the grassroots SME enterprise house owners. Aligned with the mission, with our new Provide Chain Finance resolution developed by Nucleus Software program, we can assist companies maintain tempo with aggressive and fast-changing enterprise landscapes by means of seamless and quicker financing help. The answer will quick monitor financing with digital instruments, immensely benefiting the SMEs. At BRAC Financial institution, the answer will guarantee quicker service supply and improve effectivity and productiveness and broaden outreach. We’re immensely honoured to have acquired this worldwide award collectively with Nucleus Software program. We’ll proceed to undertake best-in-class expertise to serve our prospects higher.”

Parag Bhise, Chief Govt Officer of Nucleus Software program, added, “We’re honored to work with BRAC Financial institution and to help their visionary strategy to digitization. We’re extraordinarily delighted to obtain this prestigious award alongside BRAC Financial institution and to be acknowledged for pioneering work and our efforts in Transaction Banking. We sit up for persevering with to help BRAC Financial institution as they broaden their enterprise and discover new methods to remain forward of competitors.”
This story is supplied by BusinessWire India. ANI won’t be accountable in any approach for the content material of this text. (ANI/BusinessWire India)

Supply hyperlink

Leave a Reply

Your email address will not be published. Required fields are marked *