Equitas SFB Partners with IBM to Build Digital Banking Platform: Equitas Small Finance Bank has joined forces with IBM Consulting to develop a digital banking platform, marking a significant advancement in the realm of digital banking.The collaboration between Equitas SFB and IBM aims to enhance the bank’s digital offerings and service capabilities, as it adapts its business for the digital-first generation. The primary focus of this partnership is to provide customers with a secure and streamlined banking experience. By partnering with IBM, Equitas SFB aims to elevate its digital products and services. The collaboration will enable the bank to transition towards a cloud-native platform architecture, adopting a product-centric approach and agile frameworks across various channels, including mobile. This modernization of the delivery model will empower Equitas to meet the evolving needs of its customers.
Equitas SFB Partners with IBM to Build Digital Banking Platform:
Equitas SFB Partners with IBM to Build Digital Banking Platform: NEWS IN FOCUS
Narayanan Easwaran, the Chief Information Officer of Equitas, expressed confidence in the strategic collaboration with IBM, highlighting its potential to simplify and transform the banking experience for customers. Leveraging IBM’s expertise in the banking industry, digital experience, and cloud capabilities, Equitas aims to develop a contemporary platform that supports its digital journey. The partnership benefits both Equitas and IBM. Kamal Singhani, the Managing Partner of IBM Consulting India-South Asia, expressed excitement about being Equitas’ consulting partner and technology collaborator for its growth phase. This collaboration allows IBM to leverage its banking industry expertise, digital prowess, and cloud capabilities to design a modern platform that aligns with Equitas’ digital aspirations.
Equitas SFB Partners with IBM to Build Digital Banking Platform: CONCLUSION
The collaboration between Equitas Small Finance Bank and IBM Consulting represents a significant milestone in the advancement of digital banking. By developing a digital banking platform and enhancing its digital products and services, Equitas aims to cater to the needs of the digital-first generation. With IBM’s expertise and capabilities, Equitas is well-positioned to simplify and transform the banking experience for its customers. This partnership highlights the importance of embracing digital technologies in the banking sector and signifies a promising future for digital banking in India. Equitas Small Finance Bank has joined forces with IBM Consulting to develop a digital banking platform, marking a significant advancement in the realm of digital banking. The collaboration between Equitas SFB and IBM aims to enhance the bank’s digital offerings and service capabilities, as it adapts its business for the digital-first generation. The primary focus of this partnership is to provide customers with a secure and streamlined banking experience.
What is the purpose of the collaboration between Equitas SFB and IBM?
A: The collaboration aims to build a digital banking platform and enhance Equitas’ digital products and services.
What approach will Equitas adopt in modernizing its delivery model?
Equitas will adopt a product-centric approach and agile frameworks, particularly focusing on mobile channels.
How will IBM contribute to the partnership?
IBM will utilize its expertise in the banking industry, digital experience, and cloud capabilities to design a contemporary platform for Equitas.
How will Equitas SFB benefit from this partnership?
Equitas SFB aims to leverage the collaboration to enhance its digital products and services and modernize its delivery model.