Johannesburg, South Africa and Bengaluru, July 30: Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys announced that Investec, an international bank and wealth manager, has selected the Finacle Digital Banking Solution Suite on Microsoft Azure to modernize its banking operations across South Africa, the UK, Mauritius, and the Channel Islands. As part of this multi-country, large-scale transformation program, the bank will migrate from its legacy platforms to Finacle, establishing a future-ready technology foundation aligned with the next phase of its growth strategy.
Under this transformation program, the bank will adopt the Finacle Deposits Suite, Finacle Lending Suite, Finacle Virtual Accounts Management, and Finacle Liquidity Management Solution on a multi-region Finacle SaaS platform. This integrated platform will enable Investec to enhance business agility, drive higher operational efficiency, and continually meet regulatory compliance, while supporting its evolving business and client needs.
Key benefits that the bank will gain, include:
- Finacle’s real-time data and AI foundations will help position the bank to scale AI adoption, enhance data readiness, and unlock actionable insights, enabling more intelligent, future-ready banking experiences to market.
- The Finacle Lending Suite will empower Investec to accelerate lending growth, deliver seamless end-to-end digital journeys, and bring more personalized offerings to markets with greater speed and confidence.
- The Finacle Virtual Accounts Management will help the bank unlock compelling cash management propositions for corporate clients by simplifying collections and payments through real-time reconciliation, enhanced transparency, and a more streamlined account structure.
- The Finacle Liquidity Management Solution will empower the bank with real-time visibility and control over cash positions and working capital across entities driving sharper liquidity optimization, stronger controls, and more informed financial decisions.
- The next-generation Finacle platform, backed by an extensive API suite, will enable the bank to connect seamlessly across the wider fintech ecosystem, accelerating innovation and enabling differentiated offerings to the market faster.
- The cloud-native SaaS implementation through the Microsoft Marketplace will give the bank the scale, resilience, and performance needed to grow with evolving demand, supported by a secure, high-availability technology foundation.
Lyndon Subroyen, Global Head of Digital and Technology for Investec Group said,
“Our partnership with Infosys Finacle and Microsoft Azure marks a step change in our digital transformation journey. We are building a stronger digital foundation that allows us to scale with our clients, deliver a more seamless and personalized experience, and operate with greater precision. Digital is no longer a layer that supports the business, it is integral to how we grow, deepen client relationships, and improve our efficiency.”
Sajit Vijayakumar, Chief Executive Officer, Infosys Finacle, said
“At Infosys Finacle, we are committed to helping banks accelerate growth by inspiring better banking. Our next-generation, cloud-native banking solutions are designed to help institutions like Investec accelerate innovation, strengthen operational agility, and deliver more intelligent and personalized experiences at scale. By combining open APIs and events-driven architecture, with strong data and AI foundations, Finacle will empower Investec to stay ahead of evolving client expectations and unlock new avenues for value creation and delivery.”