Published On: 2018-08-27

Mumbai: Encore Theme Technologies, the fastest growing business software solution player in the Supply Chain Finance, Home Finance, Retail & Corporate Lending for Banks and NBFCs has today announced the deployment of its flagship product ThemeChain™ at India’s premier financial services institution, Centrum Financial Services.

Mr. Inderjit Camotra, Executive Vice President, Centrum Financial Services said, “We were looking for a solution which could help us achieve the ‘Fit for Growth’ strategy. Encore Theme’s system has the strong capability of handling multiple invoices within the same batch as well as multiple batches for the same client. The team’s strong local knowledge has helped in developing a superior product that will empower and give us a competitive positioning in the market, enabling our vision to be a leader in the field of Supply Chain Finance. The solution will help us save on operational costs and provide better quality of service. Our turnaround time goes up, service delivery KRAs look better and at the end of it the client is happy.” 

Mr. Narayan Viswanathan, Executive Director, Encore Theme Technologies further comments, “It is our privilege to work with the premier NBFC, Centrum Financial services. We are extremely delighted to partner with them in their growth journey. We are sure with this deployment, Centrum is well poised to leverage its investments in technology. This deployment is an important milestone in strengthening our footprint in the region. We have kept our design & framework of the product such that it will augment the growth drivers for all our client segments”.

Encore Theme's solution is robust enough to handle large volumes enabling businesses to scale up their operation organically as well as inorganically without being worried about the system or infrastructure. It meets the dynamic business requirements of the banks and supply chain management and helps manage stiff competition, reduced margins, larger volumes and increased customer expectations effectively.

About Encore Theme Technologies

Encore Theme Technologies is the fastest growing provider of core business software solutions of banks and financial institutions. ThemePro™, ThemeChain™, our flagship product suite provides tailor-made solutions for Home Finance, Retail & Corporate Lending for NBFCs and Supply Chain Finance.

Encore Theme is the fastest growing Premier Select Partner of “Finastra InFusion Global Partner Program” for successfully implementing front-to-back Trade Finance solutions for over 50 banking sites in more than a decade of partnership. The Software as a Service (SAAS) model of engagement enables us to take full ownership of software solution hosted with our credible infrastructure partners and allows our customers to focus entirely on their business. We have over 250 domain and technology experts enabling over 50 premium banks and financial institutions across 30 countries.

About Centrum Group

Centrum Group is an integrated domestic financial services conglomerate with over two decades of experience in the financial markets across various cycles. It has expertise across Equity & Debt spectrum with capabilities in Equity Capital Markets, M&A Advisory, Corporate Finance & Advisory, Primary & Secondary Debt Placement, Project Finance and Corporate Debt Restructuring. Its retail arm provides integrated solutions for Private Wealth Management, Stock Broking, SME Finance and Housing Finance