Tuesday, December 17, 2024

National Bank of Greece deploys Infosys Finacle core banking system

  • National Bank of Greece deploys Infosys Finacle core for its ‘Cosmos’ project.
  • New cloud-native platform to manage corporate and SME loan operations, migrating 60% of NBG’s loan book.
  • Full replacement of the bank’s back-end as part of the project.
  • Finacle solution implementation to cover retail loans and accounts.
  • “Cosmos” project is described as one of the largest technology projects ever in Greece.
  • Over 550 people from the bank and vendors actively engaged in the project.
  • Fundamental to NBG’s digital strategy and future vision.
  • IBM and EdgeVerve collaborated to establish a Banking Centre of Excellence in Athens to support Finacle implementation across Europe.

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