Impact counter Qorus-Infosys Finacle Banking Innovation Awards 2024

We focus on the "nonprofit credit" part. The project was born years ago when some employees proposed that the unit (then a subsidiary bank of Intesa Sanpaolo) should have a "social impact budget" on top of the conventional budget, and/or some type of preferential treatment for clients making a great measurable social impact. This required having some form of impact measurement. After substantial effort (in money and time), the impact counter now provides such a basis. Along the way many modifications have been made, e.g. documenting the impact of some of the banks' own initiatives, enriching the set of outputs with outcomes and valuations, and most recently an ongoing project to move the platform onto the bank's own systems supporting other initiatives e.g. the ESG questionnaire.