In photo: Mr. Sriranga Sampathkumar (Vice President and Global Head of Sales, Finacle) and Mr. Cecilio “Paul” D. San Pedro (President and CEO, Sterling Bank of Asia)
Bangalore, India and Manila, Philippines – June 26, 2026: Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), a global leader in AI-first business consulting and technology services, and Sterling Bank of Asia (Sterling Bank), one of the most progressive banks in the Philippines, today announced the bank’s decision to select Infosys Finacle Software-as-a-Service (SaaS) platform for its transformation program. Sterling Bank has opted to leverage the Finacle Core Banking, Finacle Customer Data Hub, Finacle Trade Finance, and Finacle Origination solutions for its requirements. Through this strategic collaboration with Infosys Finacle, Sterling Bank expects to enhance the experience of both employees and customers, maintain high standards of availability and reliability in its banking services, and reduce operational complexity through automation and digitization, thereby supporting its future growth.
With the new platform, Sterling Bank will be able to simplify management of technology operations by leveraging the SaaS-based deployment, allowing the bank to focus on strategic growth and innovation. Further, the bank will be able to drive faster innovation cycles while staying secure and compliant through access to periodic upgrades, security, and feature enhancements. In addition, the cloud-hosted model will help the bank scale seamlessly and on demand to support evolving business needs.
Cecilio Paul D. San Pedro, President and Chief Executive Officer, Sterling Bank of Asia, said, “At Sterling Bank of Asia, we aim to integrate forward‑thinking solutions into our operations to better serve the Philippine market. Achieving this requires us to continuously respond to fast‑evolving customer expectations, the accelerating pace of digital innovation, and an increasingly complex regulatory landscape. Modernizing our technology foundation for both core and digital banking is essential to realizing our goals. With Infosys Finacle, we have a trusted transformation partner and a next‑generation banking platform that will equip us to meet the dynamic requirements of our business, our customers, and the wider regulatory environment.”
Sajit Vijayakumar, Chief Executive Officer, Infosys Finacle, said, “Our collaboration with Sterling Bank of Asia is yet another example of Finacle’s growing presence in the Philippines. This partnership reflects our continued commitment to delivering next-generation solutions to thrift banking community without upfront infrastructure investments. With Finacle SaaS, tailored for the Philippine market, Sterling Bank of Asia will gain a modern, customer‑first digital banking platform to help position the bank for long‑term success.”
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About Sterling Bank of Asia
Established in 2007, Sterling Bank of Asia is a savings bank dedicated to providing accessible financial solutions to commercial and retail markets. Guided by a core philosophy of “banking to a different beat,” the Bank puts clients’ needs first, partnering with individuals and corporations to manage their wealth and achieve their financial goals. Backed by experienced banking professionals and business leaders, the Bank operates 47 branches in key cities nationwide. Sterling Bank of Asia offers a comprehensive suite of products – including deposits, loans, investments, and asset management, designed to create opportunities for clients to take hold of their financial future. Visit www.sterlingbankasia.com for more information.
About Infosys Finacle
Finacle is an industry leader in digital banking solutions. We are a unit of EdgeVerve Systems, a wholly-owned product subsidiary of Infosys (NSE, BSE, NYSE: INFY). We partner with emerging and established financial institutions to help inspire better banking. Our cloud-native solution suite and SaaS services help banks engage, innovate, operate, and transform better to scale digital transformation with confidence. Finacle solutions address the core banking, lending, digital engagement, payments, cash management, wealth management, treasury, analytics, AI, and blockchain requirements of financial institutions. Today, banks in over 100 countries rely on Finacle to help more than a billion people and millions of businesses to save, pay, borrow, and invest better. For more information, visit www.finacle.com.
Media contacts
For further information, please contact: PR_Global@Infosys.com
For Sterling Bank of Asia, email: info@prosolutions.com.ph
