Infosys Finacle, the digital banking arm of EdgeVerve Systems, a wholly owned subsidiary of Infosys, has announced a successful deployment of its Finacle Digital Banking Solution Suite on a cloud-hosted model at PT Bank CTBC Indonesia. This move marks a significant milestone in the bank’s ongoing digital transformation journey.
Modernizing Core Banking OperationsInfosys Finacle Powers Bank CTBC Indonesia’s Digital Transformation with Cloud Banking Solutions
With this adoption, Bank CTBC Indonesia has upgraded its entire core banking stack, covering loans, deposits, trade finance, payments, and a customer data hub. The solution seamlessly integrates with the bank’s existing Finacle-powered online banking and retail loan origination systems, enabling faster rollout of new products, improved operational efficiency, and enhanced customer experiences.
The migration to the Finacle suite on a PostgreSQL cloud platform has already delivered tangible results, including a 300% reduction in bulk processing time, thereby optimizing efficiency and lowering the total cost of ownership.
Strategic Significance for Bank CTBC Indonesia
Iwan Satawidinata, President Director of Bank CTBC Indonesia, stated that the deployment represents “a cornerstone of our broader ‘Journey Next’ strategy,” positioning the bank as a digital frontrunner in Indonesia’s banking sector.
Sajit Vijayakumar, CEO of Infosys Finacle, highlighted that the cloud-native solutions provide secure and scalable flexibility, enabling the bank to deliver an industry-leading digital platform that meets evolving customer expectations.
Bank Profile
Bank CTBC Indonesia, a subsidiary of Taiwan’s CTBC Group, operates 11 branches across Indonesia and manages assets totaling IDR 22.86 trillion. The bank aims to leverage the digital upgrade to accelerate growth, enhance operational agility, and introduce innovative banking products to customers.
Infosys Finacle’s Global Footprint
Infosys Finacle’s digital banking solutions are deployed in over 100 countries, serving more than one billion people and millions of businesses globally. The platform’s comprehensive cloud capabilities and scalable architecture have positioned it as a trusted partner for banks seeking digital transformation and operational efficiency.
Outlook
The successful deployment at Bank CTBC Indonesia underscores the increasing adoption of cloud-based banking solutions in Southeast Asia. With enhanced processing efficiency, reduced costs, and faster product rollouts, the bank is well-positioned to strengthen its market leadership and digital competitiveness in the region.
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