Apeejay Finance group gears up with IT tools

By Our Banking Bureau | 12 Jun 2004

Mumbai: Nucleus Software Exports Limited (NSE: NUCLEUS), global provider of integrated software products for banks and financial institutions, has announced that Apeejay Finance group has selected 'Nucleus lending, collections general ledger' and other back office solutions to improve the group's overall quality and efficiency.

Apeejay Finance is an automobile finance company with a network of offices in Mumbai, Bangalore, Chennai, New Delhi and Kolkata. Nucleus will integrate and manage the group's lending - pre and post disbursement, processing for a loan, collections for delinquency and recovery management, amongst other array of services.

Ranked the No 15 selling banking solution for 2002 by International Banking Systems (IBS), UK, FinnOne is designed to offer flexibility to financial institutions for easy adaptability to market needs and also enables financial institutions to improve their overall operational effectiveness.

Nucleus is a Level 5 SEI - CMM Company & enjoys strong business relationships with leading multinational players. Nucleus' list of clients include General Motors Acceptance Corporation, American Express Bank, Bank of America, Arab National Bank, GE Capital, Standard Chartered Bank, Citibank, BNP Paribas, Citifinancial, ICICI Bank to name a few.