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RECENT ORDERS
Who’s bought what? WHO? IDFC BANK WHAT? XELERATE
product suite. The Indian FI is state-backed and provides services to the many people in the country who live in rural areas with no means of getting to a branch. SunTec’s tech will power its ability to offer customer deals in real-time.
I
Nanda Kumar, SunTec CEO, says: “This era of banking is the most exciting so far for SunTec. We have seen organisations such as IDFC emerge as a national banking institution. These moves have propelled India into the 21st century. Embracing and combining customer centricity with new digital tools allows the leading financial institutions of
DFC Bank has implemented SunTec’s Xelerate
tomorrow to pursue profitable decisions right from the beginning.”
Scott Thompson WHO? KEYBANK WHAT? ORACLE BANKING PLATFORM
has worked with Cognizant to overhaul its online and mobile banking offering. Using the Oracle Banking Platform, Cognizant redesigned the FI’s core systems, applications, business processes and customer interfaces to simplify transactions and enable easy access to personalised financial wellness tools and resources.
U
implementing a new core banking system, Oracle’s Flexcube offering, with the help of partner JMR Infotech. The bank was looking to replace its ICBA legacy software from Malaysian vendor Infopro, installed in 2009.
A
“We are on a mission to deliver a secure, stable and differentiating digital experience for our clients on
WHO? BAKHTAR BANK WHAT? FLEXCUBE
S-based KeyBank, a subsidiary of KeyCorp,
multiple devices, anywhere and anytime. This is more than a makeover. We revamped, re-designed and re-engineered underlying digital channel architecture, infrastructure and processes. The new digital experience makes it easy for our clients to carry out banking tasks on the go while making confident financial decisions,” says Vipin Gupta, Executive Vice President and CIO of Key Community Bank at KeyCorp.
Scott Thompson
fghanistan-based Bakhtar Bank is
Bakhtar Bank is a wholly-owned subsidiary of another local FI, Azizi Bank. Formerly Development Bank of Afghanistan, Bakhtar was taken over by the central bank in 2008/9 and subsequently sold to Azizi Bank. IBS Journal reported in 2015 that a likely contender for
www.ibsintelligence.com © IBS Intelligence 2016
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