Lakshmi Vilas Bank (LVB) has achieved 100% Multiprotocol Label Switching (MPLS) architecture. The migration was completed in 45 days with the active involvement of BSNL and technology partner, Wipro.
K.S.R. Anjaneyelu, MD, Lakshmi Vilas Bank said, "The full implementation of MPLS will substantially reduce the network operating cost as well as provide higher availability of the network for the branches. It will also lead to better performance of the application at branches due to lesser congestion of the network. "
"With 100% MPLS architecture, the Bank will do away with about 21 Hub locations across the country and save on the maintenance and operational cost of these hubs. We will also be able to save cost by redeploying the network equipment at these centres to other centres," he added.
Updated Date: Feb 02, 2017 22:31:54 IST