Hdfc uses which software

Similarly, we created a platform for application de-duplication with SAS Institute. HDFC Bank also signed up with CRMNext, which is widely recognised as a huge success story, in on a rental basis; whereas, in , Mittal converted that into an enterprise agreement. HDFC continued to invest in them for personal and administration reimbursement; and is now also working with them on salary app and other initiatives. Strategy and support In the journey to create a partnership ecosystem with technology companies, startups and fin-techs, there are many a milestones.

One such is the Digital Innovation Summit. Now in its third year, the summit has enabled HDFC Bank to harness the potential of the startup and fin-tech ecosystem and forge a mutually beneficial partnership. Under this initiative, the bank will advise and mentor startups and fin-techs that operate from these educational institutions.

We also wanted the best-in-class; hence, from a risk-reward perspective, we chose the company due to its robustness and time-proven software, rather than asking someone to develop it for us. Wherever we have best-in-class international solution, we will go with it. However, if there is an Indian alternative, we consider that as well.

Mittal feels that measuring the success of its associated startups is primarily subjective. Partners in journey Sequretek, together with HDFC Bank, looked at the various dimensions of problems, and had a series of interactions in terms of the current needs and the ways to cater to them. The willingness to take risks is the only way a startup will find success, and HDFC Bank has been very supportive.

The presence of institutions like HDFC bank is very significant in promoting the Make in India efforts and driving the startup ecosystem. Startups work with risks and it need a lot of management air to be covered. This is where the culture of organizations like HDFC Bank makes a difference, which has a track record for working with startups and promoting the Make in India initiative of the government.

HDFC Bank is known among Indian companies as an organisation which has steadily created value to the Indian economy, as well as its shareholders. HDFC Bank are bankers and customers as well.

They have help build multiple fintech companies out of India. They have helped multiple startups to leapfrog the business. Softcell Technologies has been working with HDFC Bank on systems in the retail assets related products for over four years now. They are aggressively ambitious with goals — both in timeline and with lowering costs per transaction.

The stand out characteristics of this bank are that they are loyal, very risk-averse, highly compliance driven and operate at a scale that dwarfs all else. Our success is mainly because they nurtured our relationship with a great level of understanding. It also helped that we had innovative products that the big names are not offering yet.

We did have issues in the beginning when the software product broke several times. The loyalty they exhibited all through the time we have been a supplier to the bank has driven a level of fierce commitment at all levels in our team members and we pull together as one when the demands hit a high.

Retail assets as a business is seasonal; long periods of lull followed by a four-month mad rush. They measure everything that can be measured and drive automation to achieve better measures every week, month and quarter. Investments in systems, tools and availability is also at an extreme. This is coupled with an army that measures and audits every step towards improvements and incessantly at that.

To that extent mentorship is constant and continuous. We had spoken to many banks in India prior to our interactions with HDFC Bank; however, we observed that HDFC Bank is among the few to support disruptive ideas and is capable of getting new ideas from the market.

From a fin-tech perspective, we have been very lucky to have been associated with HDFC Bank and being able to work with them. Furthermore, their openness to look at new disruptive ideas and implement them has been a critical factor. Eva can assimilate knowledge from thousands of sources and provide answers in simple language in less than 0.

Created in association with Senseforth, a Bengaluru-based AI start-up, Eva can answer millions of customer queries across multiple channels instantly. Indian Bank 6. IDFC Bank. Flexcube is designed by Oracle Corporation. This software package is used by some of the reputed Banks of the world like City Bank. Here is the list of Indian banks that use FlexcubeSoftware Packages. Canara Bank. Karur Vysya Bank. Lakshmi Vilash Bank. Syndicate Bank. Yes Bank 6.

HDFC Bank. Last Updated on Dec Tags: Bancs Finacle Flexcube Software. Leave a reply. Previous Thread. Next Thread. Related Threads. Start a New Discussion Popular Discussion. Subscribe to the latest topics : Subscribe. Search Forum: Search. Forum Home. Popular Threads. Make a look. The article is very informative. B2B Contact List is one of the leading database vendors b2bcontactlists that provide an accurate email list of various categories like IT, Healthcare, Industries globally.

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