Putten, the Netherlands, 05 Oct 2011
Cordys, a leading provider of business process innovation software, today announced that its Business Operations Platform is fully implemented as ING Vysya Bank's core application integration and development solution.
The past few years, ING Vysya Bank has been exploring means to drive banking innovation by leveraging advances in technologies such as BPM and SOA. The focus on innovation has been to make banking transactions easier for customers.
Simultaneously, the bank was looking at crunching the timeline between identifying a customer's need and delivering this as a banking service. The bank was looking for a platform that eases integration challenges and meets these dual demands regarding innovation and speed.
The bank uses the Cordys Business Operation Platform to reduce operational costs, improve customer service via multiple channels, reduce time to market, and flexibly respond to customer needs. The Cordys platform facilitates real-time integration, availability of relevant data and access to vital product and customer information across the enterprise.
“It is no longer enough to have one product and cater to the needs of all. Customers demand customisation. Today, a successful technology and operations platform has to deliver unique products to specific customer segments, and fast. As our company has grown, so has the size and complexity of our technology infrastructure," said CVG Prasad, Chief Information Officer at ING Vysya Bank. "Cordys enables us to provide tailor-made services, and improve the time to market of our products and services.”
“With the Cordys platform we are better able to adjust our development efforts on short notice. The platform has become a fundamental part of our applications landscape,” said Rajesh Vasudeva Rao, Enterprise Architect at ING Vysya Bank. "The Cordys platform allows us to become more nimble and exploit our IT infrastructure to a much greater extent.”
"Meeting the demanding initiatives and requirements at ING Vysya Bank is a significant achievement for Cordys. Being selected by ING Vysya Bank proves our strength and expertise in the banking industry and our ability to address the unique business demands from this sector," said Art Landro, Senior Vice-President of Worldwide Field Operations at Cordys. “Our Business Operations Platform allows financial firms to modernise their existing IT infrastructure. It also enables them to focus on meeting the changing demands of the market. With the Cordys Business Operations Platform, companies can rapidly deploy new products and services and effectively meet all requirements in the area of governance and compliance.”
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