Infosys Finacle has been named a leader by Forrester Research in ‘The Forrester Wave: Customer-Centric Global Banking Platforms, Q3 2016′ report. Infosys said Finacle has been recognized as a leader among nine top banking platforms, which were evaluated on a comprehensive set of 40 criteria focusing on strategy, current offering and market presence. Forrester mentions in the report that, many banks’ existing banking platforms still leverage overly mature – and in some cases ancient – technologies that are neither up to all of these business requirements nor provide a great basis for innovation. Thus, the vast majority of banks are already working on transforming their application landscape or planning to start doing so any time now. With a score of 4.35 (out of 5), Infosys Finacle is the only vendor who scored above 4 in the category of Current Offering.