INDIA, Bangalore, —
June 09, 2014
ING Vysya Bank, India’s premier private sector bank has selected NetApp’s FAS storage system to deliver the necessary throughput, capacity and connectivity to enable the bank to not just meet the demands of evolving market conditions but build an effective ecosystem of financial services, across 553 branches.
ING Vysya, an institution that believes in innovation, had embarked on an integral plan to build a world class technology environment to support business growth for the next seven years without capacity issues. With the NetApp FAS storage system ING Vysya can deliver online and mobile banking services to more than 2,000,000 customers across the country.
“We are proud to be the first core banking application in India to be hosted on NetApp. With NetApp’s FAS storage series we can leverage our core banking system (CBS) to provide innovative products to customers while improving performance by 60 percent immediately. It also reduced our batch processing time by 100 percent, significantly improving business agility, system uptime, resulting in greater customer satisfaction” said
Aniruddha Paul, CIO, ING Vysya Bank
Sandeep Kaul, Head-IT Infrastructure of ING Vysya Bank said “We were looking to build a storage solution that would reduce the business’ time-to-market drastically. However, we were also looking for opportunities to utilize our existing infrastructure to cater to new needs. And that’s precisely what NetApp provided us with - enough flexibility, a wide array of software with varied functionality and the confidence that we can leverage the storage infrastructure on a wider platform, in terms of the number of applications it can support efficiently.”
Anil Valluri, President - India & SAARC at NetApp Marketing Services, said “Increasingly, organizations are looking at a new era of business agility within their businesses. We are pleased to be working closely with ING Vysya to help them deliver innovative products to customers without compromising on quality. With a cross – functional, multi country team, we have relentlessly endeavoured to ensure that ING Vysya derives significant value out of our relationship.”
The FAS storage system from NetApp optimizes memory and I/O bandwidth to provide superior performance while providing the network connectivity and capacity scaling needed to meet growing and changing data center requirements, as well as ensuring a proven availability in excess of 99.999%. The recently launched FAS8000 provides an enterprise storage solution accelerates resource-intensive applications with hybrid flash arrays that give more than 2.6M IOPs of flash-integrated, low-latency performance.
NetApp creates innovative storage and data management solutions that deliver outstanding cost efficiency and accelerate business breakthroughs. Our commitment to living our core values and consistently being recognized as a great place to work around the world are fundamental to our long-term growth and success, as well as the success of our pathway partners and customers. Discover our passion for helping companies around the world go further, faster at www.netapp.com
About ING Vysya Bank Ltd
ING Vysya Bank Ltd is a premier private sector bank with retail, private and wholesale banking platforms that serve over two million customers. With over 80 years of history in India and leveraging ING’s global financial expertise, the bank offers a broad range of innovative and established products and services, across its 553 branches. The Bank, which has close to 10,000 employees, is also listed in Bombay Stock Exchange Limited and National Stock Exchange of India Limited. ING Vysya Bank was ranked among top 5 Most Trusted Brands among private sector banks in India in the Economic Times Brand Equity – Nielsen survey 2011.
ING is a global financial institution of Dutch origin, offering banking, investments, life insurance and retirement services to meet the needs of a broad customer base. With more than 75,000 employees, ING serves over 48 million private, corporate and institutional customers in over 40 countries in Europe, North America and Latin America, Asia and Australia.
Corporate Identity Number: L85110KA1930PLC000124
Tele / Fax: 080–25005000/080–25005555
Address: ING Vysya House, No. 22, M G Road, Bangalore – 560 001.
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