CHENNAI: The Indian Bank on Monday announced collaboration with the IBM to accelerate its modernization path. The collaboration will provide flexible and secure compute infrastructure for deploying new front-end banking applications while addressing the business growth of the Core Banking Solution (CBS) workloads for the bank.
“As part of our capacity management initiative and to manage evolving application requirements, we wanted a cloud like functionality within our own data center. With benefits like better flexibility, lower costs and enhanced security, we are creating a value-oriented solution by setting up a proactive and service-oriented model for the bank,” said Deepak Sarda, chief general manager – IT and Partnership, Indian Bank.
“The gains through technology-based innovation will empower us to deliver exceptional customer experiences, while ensuring the highest level of data protection,” he added.
Viswanath Ramaswamy, vice-president, Technology, IBM India & South Asia said, “We are focused on helping clients introduce hybrid cloud and AI tools in their workflow, operate with greater efficiency and drive growth while minimizing risks. Supporting Indian Bank’s journey of transforming their digital capabilities is testament to the success of this focused effort.”