IT services company Infosys said Finacle suite of solutions will be available on Microsoft Azure – enabling banks to utilize Finacle solutions.
The association between Infosys and Microsoft enables banks across the globe to leverage Finacle on the cloud. It will help Finacle’s clients reduce infrastructure and technology management costs, and gain flexibility to scale operations rapidly.
This apart, banks can design cloud deployment with a variety of flexible deployment options. They can use Azure as a production environment or for development and testing purposes. They can also leverage hybrid models to process peak loads by utilizing cloud bursting techniques, while running routine operations on an in-house environment.
In addition, banks can pay only for the resources consumed, reducing their capital and operational expenditure.
Karen Cone, general manager Worldwide Financial Services, Microsoft, said: The cloud in financial services is game-changing in providing the industry with unprecedented opportunities to operate at lower costs with greater agility.”