The Thane Janata Sahakari Bank (TJSB) along with HP and Infrasoft Technologies had collaborated to deploy IT infrastructure and applications. This initiative has enabled TJSB to achieve cost advantages along with enhancing its operational metrics and customer satisfaction levels to derive significant business benefits in the prevailing competitive banking environment in India.
Based on InfrasoftTech’s OMNIEnterprise solution, the CBS implementation on HP’s computing technology now enables TJSB customers to access its products and services on a 24x7 basis. TJSB currently has a network of 42 branches and two extension counters spread in Thane, Mumbai, Navi Mumbai, Pune and Nashik.
Vidyadhar Vaishampayan, chairman, Thane Janata Sahakari Bank, said, “Implementation of Core Banking Solution is a business transformation issue. Thane Janata Sahakari Bank was looking at a solution, which will give our customers a unified view of their interactions with the bank through multiple delivery channels and comprehensive back-office functionality. The InfrasoftTech-HP partnership further convinced us that we had a winner when looking for a complete core banking solution. This partnership has helped us become more business agile.”
HP, in partnership with InfrasoftTech has provided a complete integrated end-to-end banking solution to TJSB. The Core Banking Solution is deployed on HP servers at TJSB’s state-of-the-art data centre.
“Hewlett-Packard is proud of the Thane Janata Bank partnership that has enabled its endeavour of comprehensive IT adoption in business processes to keep pace with the dynamic banking environment,” said Ashok Pamidi, director, Commercial Accounts, SMB and Enterprise Partners, Technology Solutions Group, HP India. “We are pleased to have been selected by Thane Janata Bank, a growing financial institution with a determined foresight to gain a competitive edge in their business. The partnership with Infrasoft Technologies bears testimony to HP’s growing alliances in addressing the needs of customers in the co-operative banking space,” he added.