Infosys Finacle powers Bank of Sydney's digital transformation with successful go-live on AWS
Infosys Finacle has successfully delivered the go-live of Finacle Digital Banking Suite for Bank of Sydney in Australia, powered by Finacle Software-as-a-Service (FaaS) on Amazon Web Services (AWS) cloud. This marks a significant milestone in the bank's digital transformation journey and reinforcing Finacle's position as a trusted transformation partner for financial institutions modernizing their technology foundations.
The implementation brings together the Finacle Core Banking Solution, Finacle Digital Engagement Hub, Finacle Online Banking and Finacle Mobile Banking solutions on a modern, cloud-based platform designed to support Bank of Sydney's long-term growth ambitions.
For Bank of Sydney, the transformation establishes a future-ready digital foundation to support innovation, scalability and evolving customer expectations. With a unified digital banking platform, the bank has simplified its IT landscape, reduced complexity and created a more agile operating environment.
The Finacle platform, pre-configured for Australian banking products and processes, integrates seamlessly with connected platforms through open APIs. This has helped Bank of Sydney simplify operations, increase automation and digitization across key processes, and create a more efficient model for staff while improving the banking experience for customers. Customers now benefit from faster, easier and more secure banking services, including real-time processing, fast payments, expanded self-service options, and integrated online and mobile banking. The implementation also gives Bank of Sydney the flexibility to launch new products more quickly through Finacle Reference Bank, while supporting governance, risk and regulatory requirements.
With Finacle’s cloud-native platform, Bank of Sydney is better positioned to scale, innovate and respond to changing customer expectations. The successful deployment demonstrates how Infosys Finacle helps financial institutions simplify technology environments, accelerate digital transformation and build modern, customer-centric banking experiences.
About us:
About Bank of Sydney
At Bank of Sydney, we provide genuine value to our people, customers, communities, and partners.
We are an Australian Bank that has been operating in Australia under a full banking licence since 2001, with branches across Sydney, Melbourne and Adelaide. The Bank has a full Australian banking license and is independently operated and regulated by Australian standards and government bodies, including APRA and ASIC, whilst also being a proud member of the Australian Banking Association (ABA).
About Infosys Finacle
Finacle is an industry leader in digital banking solutions. We are a unit of EdgeVerve Systems, a wholly-owned product subsidiary of Infosys (NSE, BSE, NYSE: INFY). We partner with emerging and established financial institutions to help inspire better banking. Our cloud-native solution suite and SaaS services help banks engage, innovate, operate, and transform better to scale digital transformation with confidence. Finacle solutions address the core banking, lending, digital engagement, payments, cash management, wealth management, treasury, analytics, AI, and blockchain requirements of financial institutions. Today, banks in over 100 countries rely on Finacle to help more than a billion people and millions of businesses to save, pay, borrow, and invest better. For more information, visit www.finacle.com.
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