Nucleus Software partners Red Hat

MUMBAI
 

AUGUST
22, 2006

Red
Hat announced that Nucleus Software has joined Red Hat's Independent Software
Vendor (ISV) partner ecosystem.

Nucleus
Software is a provider of software solutions for the banking and financial
services industry. The applications from Nucleus now certified on Red Hat
Enterprise Linux are FinnOne Customer Acquisition System (CAS), FinnOne Loans
Management Systems and FinnOne Collections.

Nucleus
and its flagship product FinnOne have had over 200 successful implementations
across the globe and the company's client base includes leading names in the
banking and financial services industry. FinnOne is an integrated suite of
applications designed to support the whole spectrum of business offerings of
banks and financial solutions companies. With Linux also gaining momentum in
this industry, this association with Nucleus enables Red Hat to further
penetrate and strengthen offerings to the banking and financial services
industry in India.

Amit
Bhoraskar, Head Alliances, Red Hat India, said, "In India, the banking and
financial sectors are leading Linux adopters. A number of leading banks have
already trusted Linux for their servers and core banking applications. To propel
this momentum, it is essential that we keep expanding our ISV ecosystem and add
more applications that run on Linux."

Niraj
Vedwa, Head - Global Sales and Marketing, Nucleus Software, said, "When it
comes to providing a world-class open source platform, Red Hat is an obvious
choice. This strategic alliance will fuel our vision of establishing Nucleus
Software as an end-to-end service provider for the banking and financial
services industry."