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Customer case studies

IndusInd Bank

IndusInd Bank
A little about IndusInd Bank.
IndusInd Bank is a top private sector bank in India with a net worth of 183.08 million US dollars and a network of 61 branches, 12 extension counters and 80 off-site ATMs. Started in 1994, it is a leader in the field of retail banking and has earned the ISO certification for its entire network. IndusInd Bank recently acquired the Ashok Leyland Finance Company, raising its net worth by 46 million US dollars.

The company's growing pains.
IndusInd Bank focuses mainly on retail banking which requires a high degree of customer service and response. Retail banking also entails a variety of banking products like multi-city banking, mobile banking, doorstep banking, phone banking and Internet banking services. Having understood these requirements, IndusInd Bank knew they had to change their IT infrastructure so that they could handle the increase in business transactions and meet the demands of the market.

IndusInd Bank decided to implement Core Banking based on the Midas Kapiti suite of applications. They had already been running their applications on IBM AS400 Model 730. But the anticipated growth meant that they needed to upgrade to larger systems that were flexible and continuously available.

The IBM solution.
For a bank of IndusInd's magnitude of operations, IBM recommended the high-end IBM eServer iSeries 870 and 825 Capacity Upgrade On Demand servers and the implementation of Business Continuity and Disaster Recovery solutions using MIMIX.

IBM's xSeries servers were integrated to the iSeries to ensure optimisation of their back office server infrastructure and make manageability easier. IBM also provided printers, Lotus software, installation and migration services, and on-site support.

Details
 Application Midas Kapiti Suite of core banking
 O.S i5
 Platform iSeries 870/825 & xSeries

The result - banking is easy.
With IBM’s servers, IndusInd Bank now has a more reliable, available and On-demand infrastructure to run their core banking applications. Along with security, customers have the flexibility to increase the capacity of the system based on usage. The disaster recovery and business continuity plans ensure that applications are available to the users even if there is system or a site failure.

Thus IndusInd Bank has understood the advantage of having a single IT company with the expertise to deploy and manage their infrastructure. They have identified IBM as an end-to-end solutions provider that would suit their needs completely and benefited from the alliance.

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