Tech & IT

Accenture launches new Alnova Core Banking Platform

Accenture has introduced a new version of Alnova Financial Solutions, its core banking platform, which is aimed at faster implementation and upgradation through the “broader use of standard software components”.

The company informed the new version can help banks support their changing product and pricing requirements and can be integrated with legacy systems using service-oriented architecture (SOA) and third-party business process management tools.

To help streamline implementations and future upgrades, Accenture has expanded the use of common software components and expanded its ability to support Alnova deployments through its global delivery network. Other enhancements include:

- a standardised delivery and implementation methodology, aimed at reducing implementation costs and risks;
faster software-testing and data-migration capabilities;
- a new tool for accurate estimation of time and efforts required for implementation; and
- an electronic repository of Alnova design data to help banks establish design requirements and customise the solution.

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