which helps us fine-tuning the applications against
latest developments that are needed in terms of
the risk as well as compliances.
Q. Can you provide few of the names of your
satisfied customers? And their success story in
short?
Mr. Srinivas : We have large number of satisfied
customers in the Commercial banks as well as
cooperative bank segments. Many MNC banks
are our customers for various products. As
regards Cooperative bank segment is concerned
we have large number of customers on hosted
model. While the references and success stories
could be many, the largest success story is the
Odisha model where we have developed a com-
mon data centre for the apex bank, hosted our
application there, connected all the DCCBs and
UCBs on to the same application and as a last
mile we are connecting the large number of PACS
in the state to the same so that the entire coopera-
tive credit pyramid stands inter-connected and
many of the interlinking entries are passed
seamlessly through STP. The application facilities
digital banking to about 5 million customers of the
entire cooperative segment over there. At every
level a 360 degree view has been provided to the
APR 18 51
stakeholders. That is the transformation of the
cooperative segment which the govt. desires to
achieve as provided in the budget for the
previous year.
Vsoft has been very proactive in understanding
the requirement thoroughly and developed
applications capable of delivering the objec-
tives of financial inclusion and digitization, well
in advance, as this requirement was a latent
need for quite sometime from now in the
cooperative segment.