Greater Noida(Banking Desk): Hatton National BankPLC, one of Sri Lanka’s leading financial institutions, has successfully implemented FinnAxia®, the advanced Transaction Banking Suite from Nucleus Software, as part of its strategic move to enhance digital banking capabilities for its corporate and SME clients both locally and globally.
In today’s rapidly evolving financial landscape, where customer expectations are higher than ever, HNB recognized the need for a scalable, integrated, and future-ready platform. With FinnAxia®, the bank aims to modernize its cash management operations, deepen customer engagement, and unlock new revenue streams in transaction banking.
Strategic Benefits and Goals
The implementation of FinnAxia® empowers HNB to:
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Expand transaction banking offerings via a unified, global-standard digital suite
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Quickly onboard corporate clients without lengthy implementation cycles
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Deliver personalized, digital-first solutions for high-value corporate and SME customers
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Enable smooth onboarding across Corporate, SME, and Institutional banking segments
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Streamline operations, reduce manual processes, and enhance strategic relationship management
“We are reimagining our transaction banking strategy not just to maintain leadership in payments and cash management, but to expand our footprint in the SME and corporate banking sectors,” said Damith Pallewatte, Managing Director & CEO, HNB. “FinnAxia® equips us with cutting-edge digital tools, allowing clients to manage payments, receivables, liquidity, supply chain finance, and trade services all from one powerful platform.”
Since the rollout, HNB has witnessed impressive results, including:
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10X growth in customer onboarding
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6X increase in transaction volumes
Corporate clients now benefit from a sophisticated digital platform offering real-time dashboards, automated reconciliation, and enhanced visibility across global cash operations—giving treasury departments the insight they need for smarter decision-making.
“At Nucleus Software, we believe the future of transaction banking lies in intelligent, modular platforms that scale with evolving business needs,” said Vishnu R. Dusad, Managing Director & Co-Founder of Nucleus Software. “Our collaboration with HNB reflects a shared vision to redefine digital transaction banking in Sri Lanka. With FinnAxia®, we’re not just providing software—we’re delivering a lasting competitive edge.”
With this transformation, HNB is positioning itself as a forward-thinking, digital-first bank ready to meet the complex financial needs of businesses in an increasingly globalized economy.
