Joins Hands with Oracle to Reach Out to India’s Financial Service Industry
News Facts
- Oracle partner, HCL Infosystems, India’s premier hardware, services and ICT System Integration company, has successfully migrated its bilingual core banking software, HCL BancMate CBS, to Oracle Fusion Middleware 11g (Oracle Weblogic 11g) and Oracle Database 11g.
- Oracle India Partner Solution Center (PSC), located in Oracle’s premises in Gurgaon, facilitated the quick enablement and migration of the solution.
- The Oracle-based HCL BancMate CBS solution helps firms in the financial services industry automate transactions, facilitate branch operations at a faster pace and manage more transactions per day.
- This solution targets India’s financial service industry namely Public Sector Banks for Financial Inclusion, Regional Rural Banks, State and District Co-operative banks, Urbank Co-operative Banks and Primary Agricultural Credit societies.
- Oracle WebLogic 11g has enabled HCL BancMate CBS with more functionality, security, scalability and performance to service 6000+ concurrent users. It enables seamless integration of all institutional delivery channels and enterprise-wide systems.
- In addition, Oracle Database 11g enables enterprises, including banks, to deliver a high quality of service and provide 24x7 data availability. Moreover, it helps enterprises to securely protect data and meet regulatory compliance demands.
Details
- Oracle WebLogic 11g is easy to deploy and manage; it has a powerful security safeguard against outside attacks and requires less professional services. It has proven scalability, with benchmarks on a variety of platforms. In addition, it has comparatively more functions for scaling up to the most demanding applications with less complex set up and management which leads to lower total cost of ownership (TCO).
- Oracle Fusion Middleware 11g is a complete, integrated and hot-pluggable, best-of-breed middleware suite that offers increased functionality across its product portfolio, including new, innovative capabilities in Oracle SOA Suite, Oracle WebLogic Suite, Oracle WebCenter Suite and Oracle Identity Management.
- Oracle Database 11g delivers innovative grid computing, storage management, scalability and performance, database administration capabilities, and more, enabling companies to efficiently manage their enterprise information and achieve a higher quality of service at a lower cost.
- HCL BancMate is a bilingual (multilingual) 3 tier, Web based centralized comprehensive banking software solution, capable of performing all banking operations and functions.
- HCL BancMate is available under various options like distributed mode (BancMate TBA), Centralised Mode (BancMate CBS) and hybrid mode.
- HCL Bancmate in its various modes has been installed in many public sector, private sector and co-operative banks.
Supporting Quote
- “HCL BancMate is India's first and only bi-lingual (multi-lingual) Web based core banking solution that communicates with users and account holders in their local language. The new and improved features of Oracle technology will further help us address the complexities prevalent in rural and large banks in India and we are sure that this enablement of HCL BancMate CBS onto Oracle’s latest editions of Fusion Middleware and Database will offer high quality service to our customers,” said George Paul, Executive Vice President, HCL Infosystems Ltd.
- “We are delighted that HCL Infosystems is powered by Oracle’s latest technologies, which can enhance the performance of BancMate CBS,” said Shailender Kumar, Vice President, Oracle Fusion Middleware, Oracle India. “The IT requirements of the co-operative banking segment are unique and we believe this joint solution will provide them with the opportunity to improve their services and grow their network and business.”
- “I congratulate HCL on making its BancMate CBS application available on Oracle's WebLogic 11g and Database 11g. Our PSC experts facilitated this quick enablement,” said Kulbhushan Chand, who leads all initiatives for Oracle’s Partner Solution Center in India. “The PSC is committed to supporting our partners in building industry specific solutions and providing a secure environment where they can view, test and develop real-life solutions and demonstrations.”
Supporting Resources
- Oracle Fusion Middleware 11g
- Oracle Database 11g
- Oracle WebLogic 11g
- BancMate
About Oracle India
Oracle entered India in 1987 and set up an India Development Centre in 1994. Today, Oracle has two India Development Centers as well as Indian hubs for Oracle's global support, consulting and financial services operations. Through its extensive network of more than 500 channel and alliance partners under the Oracle PartnerNetwork, Oracle India markets the complete range of Oracle products and services across India. Oracle India has more than 7000 customers in the telecommunications, banking, insurance, manufacturing and utilities industries, across the government and private sector. Oracle India is a major partner for E-Governance initiatives of Central and State Government bodies in India. The Oracle-HP E-Governance Centre of Excellence, Oracle Asia R & D Centre and Partner Solution Center are located at Oracle India’s head office in Gurgaon, near New Delhi. Oracle’s Retail Centre of Excellence is located in Bangalore.
About HCL Infosystems
HCL Infosystems Ltd, with revenue (LTM) of US $ 2.5 billion (Rs. 12,233 crores) is India’s premier hardware, services and ICT systems integration company offering a wide spectrum of ICT products that includes Computing, Storage, Networking, Security, Telecom, Imaging and Retail. HCL is a one-stop-shop for all the ICT requirements of an organization.
India's leading System Integration and Infrastructure Management Services Organization, HCL has specialized expertise across verticals including Telecom, BFSI, eGovernance & Power. HCL has India's largest distribution and retail network, taking to market a range of Digital Lifestyle products in partnership with leading global ICT brands, including Apple, Cisco, Ericsson, Kingston, Kodak, Konica Minolta, Microsoft, Nokia, Toshiba, and many more.
HCL today has India's largest vertically integrated computer manufacturing facility with over three decades of electronic manufacturing experience & HCL desktops is the largest selling brand into the enterprise space.
With India’s largest ICT services network that reaches to every corner of India, HCL’s award winning Support Services makes it the preferred choice of enterprise and consumers alike. HCL Infosystems has a 100% subsidiary that addresses the physical security technology system integration market. The subsidiary leverages technology to build a security framework called ‘Safe State’ that safe guard’s life, infrastructure & society. For more information please visit us at www.hclinfosystems.in
About Oracle Partner Solution Center (PSC)
PSC was established in Asia Pacific to assist new and existing Oracle partners in successful adoption of Oracle Applications and Oracle Technology products. The PSC works with partner organisations to build, port and migrate industry-specific solutions to Oracle’s platform and provides partner organisations a secure environment with access to state-of-the-art infrastructure for their development, testing and demonstrations. In India, the PSC is located in Oracle's office premises in Gurgaon.
Trademarks
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