@BFSI
TCS profit beats estimates, up 7.5%
by Ashutosh Bharadwaj, Bloomberg UTV    Apr 21, 2010
Category : News & Analysis
Technology : Hardware & Software
Tata Consultancy Services (TCS), the largest IT exporter, today reported a better-than-expected (7.4 percent) increase in net profit at Rs 1,931 crore for the fourth quarter ended March 31, 2010 when compared with Rs 1,797 crore reported for...
Vallance replaces Mukerji as MD & CEO, Firstsource
by CXOtoday Staff    Apr 09, 2010
Category : News & Analysis
Technology : Hardware & Software
Firstsource has announced that Matthew Vallance, currently Jt. MD & President BFSI & Telecom and Media and member of the Firstsource Board will succeed Ananda Mukerji as MD & CEO. This change in leadership is expected to happen on...
Saksoft Unveils Prima for BFSI Segment
by CXOtoday Staff    Feb 24, 2010
Category : Banking
Technology : Hardware & Software
Saksoft, a software services company focusing on the Banking and Financial Services Industry (BFSI) segment, has launched Prima, a Pan banking Customer Loyalty Management System. Prima allows users to define loyalty programs at multiple levels...
A Look at SBI FM's IVR Solution
by CXOtoday Staff    Jan 21, 2010
Category : News & Analysis
In a bid to reduce call wait times, SBI Funds Management (SBI FM) implements speech-recognition technology in their contact centers.Overview of the companySBI Funds Management Private Limited (SBI FM) is an asset management company,...
Venture Infotek Receives PCI DSS Validation
by CXOtoday Staff    Dec 21, 2009
Category : News & Analysis
Technology : Infrastructure
Venture Infotek has received compliance and certification for PCI DSS v1.2 for the second year in succession, the company announced today.The PCI Data Security Standard represents the best practices defined by VISA USA, VISA International,...
Equitable Life Signs Multi-million Deal with HCL
by CXOtoday Staff    Nov 23, 2009
Category : News & Analysis
Equitable Life Assurance Society (Equitable Life), has signed a service contract worth $200 million with HCL IBS, a part of HCL Technologies.The contract, which starts in March 2011, will see Equitable Life transfer its core processing and...
Tags: BFSI, HCL
The Need for Data Quality in Banks
by Suganthi Shivkumar    Nov 10, 2009
Category : News & Analysis
Poor data quality is widespread in every organization. Unfortunately, most organizations accept this as a day-to-day operational challenge and devise both simple and complex work-arounds to compensate for the...
Datavision-IBM Partner for Banking Solutions
by CXOtoday Staff    Sep 02, 2009
Category : Banking
Technology : Infrastructure
Datavision and IBM are collaborating to provide scalable web-based core banking solutions to the co-operative banking sector in India.The DataMate core banking solution helps address key challenges the co-operative banking sector in India faces...
HDFC Implements Credit Decisioning System
by CXOtoday Staff    Aug 20, 2009
Category : News & Analysis
Technology : Hardware & Software
HDFC Bank has deployed Polaris's enterprise business rule engine for its retail asset lending business comprising auto and personal loans The enterprise business rule engine is a credit decision engine that enables Polaris's customers to...
Tags: HDFC, BFSI, Polaris
Compuware to Officially Launch Vantage 11 in India
by Manu Sharma    Aug 10, 2009
Category : News & Analysis
Technology : Infrastructure
Compuware Corporation will officially launch Vantage 11, a new version of its IT service management solution, on August 22 in India. The new solution is targeted at enterprises. Vantage, the flagship product of Compuware, ensures that IT...
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