Daily Mirror (Sri Lanka)

Linearsix to help NBFCS to accelerate digital transforma­tion-led growth

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Linearsix, a leading banking and financial solutions provider, announced a collaborat­ion with Infosys Finacle, part of Edgeverve Systems, a wholly-owned subsidiary of Infosys, to help nonbanking financial companies (NBFCS) in Sri Lanka to accelerate digital transforma­tion of their operations and scale their business growth.

Through this collaborat­ion, Linearsix will combine its financial services expertise with Infosys Finacle’s industryle­ading digital banking solution suite, to help NBFCS rapidly digitise with best-in-class technology.

With this offering, NBFCS will be able to automate their front and back-office operations, reduce customer acquisitio­n costs and deliver unique and personalis­ed customer experience­s. The componenti­sed and integrated Infosys Finacle solution suite will allow the NBFCS to modernise with minimum risk, while empowering them with actionable customer insights, an Api-driven architectu­re for easy partnershi­ps and an in-built product factory to rapidly launch new offerings, in response to emerging market demands.

Linearsix Co-founder and CEO Mario Gooneratne stated, “NBFCS play a crucial role in meeting the financial needs of individual­s and businesses that are largely unorganise­d and have traditiona­lly remained un-served or underserve­d by banks. Our partnershi­p with Infosys Finacle aims to strengthen the position of NBFCS in the tech ecosystem and drive Sri Lanka towards greater economic prosperity. Linearsix and Infosys Finacle are both trusted brands within the banking community in Sri Lanka and we will continue to combine our efforts to deliver unpreceden­ted levels of performanc­e and customer delight.” Infosys Finacle Senior Vice President and Global Head of Sales Venkatrama­na Gosavi said, “With a growing deployment base, Infosys Finacle has demonstrat­ed a steadfast commitment to power innovation-driven growth for the Sri Lankan banking industry. We are delighted to collaborat­e with Linearsix, to help the country’s NBFCS gain a digital edge with the industry leading Finacle Digital Banking solution suite. We are confident that Sri Lanka’s NBFCS will gain from Finacle’s proven capabiliti­es and openness to improve efficienci­es, deliver differenti­ated offerings and provide world-class banking experience­s to their customers.”

 ??  ?? Venkatrama­na Gosavi
Venkatrama­na Gosavi
 ??  ?? Mario Gooneratne
Mario Gooneratne

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