Infosys Finacle states that it’s the bank’s data. The focus of the Finacle SaaS offering is to leverage a multi-layered integration foundation to allow flexible and secure access to the financial institution’s data. Full business functionality via APIs, customizable access to operational information and a standardized framework for bank-controlled bulk data access to the Finacle data stores.
Infosys Finacle has long been an active participant in global integration standards definition and development initiatives (e.g., BIAN, IFX, XBRL). The Finacle banking platform is committed to support of existing and developing industry standards in the financial and banking industry for integration approaches, interface, security, payments and user interface standards. Alignment with the design and development of the FDX datasharing initiative is under assessment as a natural fit for the open data constructs of the Finacle SaaS offering.