The grandeur of Taj Lands End, Mumbai set the stage for Nucleus Software’s India Customer Meet on December 8, 2023. Vishnu R Dusad, MD and Co-founder of Nucleus Software, in a captivating opening note, raised a toast to the triumphs of the Indian banking sector, that exceeded profits to the tune of INR 200,000 crores in FY 2022-23. With joy and pride, he shared the astounding statistic that FinnOne Neo®, Nucleus Software’s digital lending platform, robustly manages an impressive INR 40 lakh crores of retail assets in India alone making Nucleus clear leaders in lending technology.

Amidst the presence of all banking and financial services industry leaders, the event also marked the celebration of three decades that Nucleus dedicated to creating Indian intellectual property in financial technology on Indian soil. Esteemed customers and partners shared narratives of digital transformations achieved through Nucleus Software’s flagship products, FinnOne Neo® and FinnAxia®. Mr. Vijay Raghavan, CTO, ICICI Bank, acknowledged Nucleus Software’s role in aiding the growth of the BFS industry and their robust and scalable platforms, that manage a remarkable 80 percent of the Indian banking loan book.

In another perspective, Mr. Ravi Doshi Business Head from Mirae Asset Financial Services credited Nucleus Software as instrumental in achieving success in co-lending, allowing loan disbursals against mutual funds in a mere 15 minutes. Indraneel Pandit, SVP and Zonal Head CIB from Federal Bank expressed gratitude for Nucleus Software’s role as a reliable partner, enabling them to deliver trust and enhanced customer journeys, paving the way for their transformation into a Digital Bank with a Human Interface.

As the event culminated, Mr. Bhise, CEO, Nucleus Software, took to the stage, detailing a unique product lifecycle management process implemented at Nucleus to achieve operational excellence and innovation in product development. The evening concluded with heartfelt gratitude to invaluable partners for their unwavering support over the last three decades and their appreciation of our role in their growth journey.

Read about our latest award win with Mahindra Rural Housing Finance for the best innovation in digital lending transformation.