Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209), a leading global provider of integrated software products for banks and financial institutions, today announced a major order win from Dhanlaxmi Bank, one of the fastest growing mid-size private sector banks in India. Nucleus will implement its award winning FinnOne™ suite of products across the Bank's 271 branches to power its retail lending business.
Notes to Editor
About Dhanlaxmi Bank
'The Dhanalakshmi Bank Limited' was incorporated in 1927, at Thrissur as a limited company and became a scheduled commercial bank in the year 1977. The Bank has a pan-India presence through a network of 271 branches, 380 ATMs covering 136 centers across 14 states. As at March 31, 2010, the Bank had 4,080 employees serving over 1.4 million customers.
As of March 31, 2010, the Bank had total deposits of Rs. 7,098 crore and advances of Rs. 5,006 crore.
For additional information please log on to www.dhanbank.com
About Nucleus Software Exports Limited
Nucleus Software is a leading software powerhouse providing innovative and pioneering software solutions for Banks and Financial organizations globally. Nucleus Software offers a host of competitive IT solutions and consultancy services designed to support the whole spectrum of business offerings across retail banking, corporate banking, cards and cash management. With over 150 customers across the globe, the company is consistently innovating with cutting edge and industry driven products in the domain. Nucleus Software is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit www.nucleussoftware.com
FinnOne™, the flagship product of Nucleus Software, is a powerhouse of seamlessly integrated applications, designed to provide operational support, risk management and decision-making support to banks and financial services companies. The FinnOne™ suite provides solutions for the asset as well as liability sides of business in addition to account management, core financial accounting, risk management, document management, and customer services. FinnOne™ also supports multi-branch, multi-currency, multi-product, and bi-lingual implementations. FinnOne™ focuses on both, retail and corporate loans, thereby emerging as a comprehensive solution to back any line of the lending business. It has been ranked as the No.1 selling Lending Software Product across the globe by IBS Publishing, UK, for the second consecutive year in 2009 calendar year.




