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IndusInd Bank wins Celent Model Bank 2017 Global Award

Capital Market 

For leveraging in management to pay for itself

has won the Celent Model 2017 Global Award for Management and Cybersecurity for driving a unique initiative, namely how to leverage the in management to pay for itself. In the innovation, not only implemented the real-time enterprise wide cross-channel and AML management platform, but also began reusing in-memory data to offer simultaneous real-time cross-sell and upsell.

chose the new generation enterprise approach for management as against the dated and easier channel silo based approach, as it enabled a 'segment of one' thinking for everything in the and connected 15 Real-time and 7 Batch systems. Clari5 implemented a 'central nervous system' that revolutionized IndusInd Bank's and AML Management in a very short period, which by itself is a commendable.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 20 2017. 13:55 IST
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