IT firm Nucleus Software today said it has successfully rolled out its FinnOne IT suite at Oman-based BankMuscat's branches, which will help the bank improve operational efficiencies.
The bank selected Nucleus' FinnOne suite to reduce the need for manual intervention in the collection process and improve operational efficiencies across collections operations, the IT firm said in a statement.
"We chose FinnOne as it enjoys an excellent track record for comprehensive functionalities of its modules," BankMuscat Group-DGM Adul Kader Al Balushi said.
BankMuscat is a financial services provider in Oman with assets worth over $15 billion.
Shares of Nucleus Software were being quoted at Rs 69.95 apiece in afternoon trade on the BSE, up 5.7% from their previous close.
