Kerala IT firm provides solution to Axis Bank
February 25th, 2008 - 4:52 pm ICT by admin
Thiruvananthapuram, Feb 25 (IANS) Axis Bank (formerly UTI Bank) has accepted a pricing and billing software solution prepared by Kerala’s leading IT solutions company SunTec. SunTec in a statement Monday said it was happy that it could meet Axis Bank’s expectations in time.
“With an ever-growing customer base like that of Axis Bank, it gets more challenging by the day to deliver consistent and personalised customer experience,” said Nanda Kumar, CEO of SunTec.
The solution provided by SunTec would help Axis Bank to consolidate its billing and centralise and streamline pricing processes. The solution will also help Axis Bank create personalised product packages.
“SunTec’s solution allowed us to consolidate all our home-grown billing processes. This improved our efficiency and we have deployed the solution in two separate phases for our current accounts, cash credit accounts and savings bank accounts. The implementation was remarkably quick,” said Subhakanta Satpathy of Axis Bank.
The project began March 2007 and was completed December 2007.
Axis Bank is SunTec’s second banking services client in India after ICICI Bank.
Axis Bank was among the first of the new private banks to begin operations in 1994, after the banking sector in India was thrown open to private players.
SunTec, headquartered here, is a pricing and convergent billing solutions company that offers transaction management solutions for communications, media, entertainment, banking and finance, insurance and utilities industries.
Its clients include Comcast, Cable One, Batelco, BSNL, HFCL, ICICI Bank and Lloyds.
- SunTec partners with Polish firm - Nov 11, 2009
- Kerala firm wins technology magazine award - Nov 18, 2009
- Kerala firm wins technology magazine's global award - Jan 20, 2010
- Nigerian bank deploys Infosys' Finacle software - Apr 16, 2012
- Kerala-based SunTec ties up with eServGlobal - Oct 07, 2008
- Thinksoft bags Rs.5-crore RBI order for testing solution - Dec 23, 2011
- Get ready to pay for mobile banking service from April 2011 - Nov 26, 2010
- Wipro leading IT service provider in Saudi Arabia - Dec 05, 2011
- Indian bank clocks 120 percent growth in Trinidad and Tobago - Feb 24, 2011
- Belgium bank to deploy Infosys software product - Mar 24, 2012
- ING Vysya to raise Rs.416 crore (Business Capsule) - Sep 14, 2009
- MindTree net dips 72 percent in first quarter - Jul 19, 2010
- ICICI Bank to strenghten ties with Rajasthan - Oct 06, 2010
- New Zealand firm to manage Indian enterprises' data with CMC - Feb 11, 2012
- Some of the top Indian women bankers (Sidebar) - Mar 06, 2011
Tags: axis bank, banking and finance, banking sector in india, batelco, billing processes, billing solutions, bsnl, cable one, comcast cable, communications media, convergent billing, credit accounts, finance insurance, hfcl, personalised customer, private banks, private players, solutions company, transaction management, utilities industries