Groundbreaking Partnership Delivers Swift Migration in Financial Services
Collaboration establishes a new industry standard, accomplishing a comprehensive core and digital channel transition in a mere five months.
BENGALURU, India and MELBOURNE, Australia, Aug. 20, 2025 /PRNewswire/ — Infosys Finacle, an arm of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), has unveiled its alliance with Uniting Financial Services (UFS), a philanthropic development fund based in Australia.
This partnership has successfully transitioned UFS from its existing platform to the Finacle Software-as-a-Service (SaaS) on AWS cloud in under five months. The transition was facilitated by the Finacle Australian Reference Bank Model—comprised of preconfigured products, processes, interfaces, and compliance measures.
The newly integrated Finacle Digital Banking Suite encompasses a range of solutions, including:
- Finacle Core Banking
- Finacle Digital Engagement Hub
- Finacle Online Banking
- Finacle Mobile Banking
- Finacle Customer Data Hub
- Finacle Alerts
This collaboration empowers UFS to revolutionize its operations, enhancing agility, compliance, and operational effectiveness. Moreover, it enables UFS to deliver an unparalleled digital experience to its clientele, expedite the introduction of new offerings, and facilitate seamless scaling as part of its mission-driven growth strategy. The next-gen Finacle Digital Banking Suite will allow UFS to:
- Provide enriched digital experiences through intuitive, omnichannel self-service capabilities across mobile and online platforms.
- Broaden its investment product range, scale deposits, and expand its commercial lending portfolio.
- Seamlessly connect with partners via open APIs, fostering both innovation and operational improvements.
- Achieve resilience, on-demand scalability, and dependable performance through cloud-native SaaS services and AWS infrastructure.
- Create a secure, cloud-native banking framework utilizing multiple AWS services, including Amazon RDS, Amazon EKS, and AWS WAF.
John McComb, Chief Risk Officer and Acting CEO, Uniting Financial Services, stated: “We are thrilled to announce the successful launch of the Finacle platform. Our objective was to modernize our core banking and digital capabilities to enrich client interactions. With Infosys Finacle, we have discovered a long-term technology partner capable of delivering a forward-looking platform that aligns with our operational needs today and supports our aspirations for the future in a rapidly transforming financial landscape.”
Jamie Simon, Director, Banking and Financial Services (A/NZ), AWS, commented, “Our partnership with Infosys Finacle underscores AWS’s dedication to aiding financial institutions in modernization and innovation to yield business value. Uniting Financial Services exemplifies how AWS’s secure and resilient cloud infrastructure enables financial organizations to revolutionize their banking operations and enhance digital experiences for consumers. We are proud to support UFS in its mission to deliver purpose-driven financial services.”
Sajit Vijayakumar, Chief Executive Officer, Infosys Finacle, remarked, “We are excited to collaborate with Uniting Financial Services on their transformative journey. Achieving live status on Finacle SaaS in record time is a testament to our dedication to modern banking and customer-focused innovation.
This rapid rollout highlights the potency of a genuinely digital, cloud-native platform tailored for agility, compliance, and scalability. For community banks seeking modernization without the cumbersome legacy transformation, this serves as proof that next-gen banking is not merely aspirational—it is attainable, rapidly.”
About Infosys Finacle
Finacle stands at the forefront of digital banking solutions. As a division of EdgeVerve Systems, a fully-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), we partner with both emerging and established financial organizations to inspire superior banking experiences.
Our cloud-native solution suite and SaaS offerings empower banks to engage, innovate, and transform more effectively, thereby scaling digital transformation with assurance. Finacle caters to the core banking, lending, digital engagement, payments, cash management, wealth management, treasury, analytics, AI, and blockchain needs of financial institutions.
Currently, banks in over 100 nations rely on Finacle to assist billions of individuals and countless enterprises in more efficiently saving, paying, borrowing, and investing. For further details, visit www.finacle.com.
Safe Harbor
Certain statements within this release regarding future prospects or performance are forward-looking and intended to qualify for the “safe harbor” provision under the Private Securities Litigation Reform Act of 1995. These encompass various risks and uncertainties that may lead to substantive deviations from projected outcomes.
Such risks include, but are not limited to, the execution of business strategies, competition for talent, personnel retention, wage increases, employee reskilling investments, and the adaptability of a hybrid work model. Others include economic uncertainties, geopolitical conditions, technological innovations (including AI), regulatory complexities, corporate actions, and cybersecurity issues.
Key factors that may cause actual results to differ from those implied by these projections are elaborated in our U.S. Securities and Exchange Commission filings, including our Annual Report on Form 20-F for the fiscal year ending on March 31, 2025.
These documents can be accessed at www.sec.gov. Infosys may periodically issue additional forward-looking statements in its communications to the public, but does not commit to updating any such statements unless required by law.
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