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The Federal Bank Ltd

As India's leading private sector bank with over 400 branches across the country, Kerala-based The Federal Bank Ltd is a regional banking giant with a strong national presence and global reach.

Challenge

The Federal Bank Ltd. wanted to extend access to its "Anywhere, Anytime" online, real time transaction services to all of its customers, even those banking within the most remote branches.

Industry:

Financial Services

Region:

Asia Pacific

Products:

SonicMQ


Solution

They chose the SonicMQ Enterprise Message Server as an information hub in the bank's head office. SonicMQ handles all transactions across the bank's "Anytime, Anywhere Banking" branches.

Results

  • Improved customer satisfaction: The institution can now provide real-time information to customers at their convenience
  • Increased productivity: The staff now has faster and easier access to much more detailed information due to the integration between SonicMQ with their branch software.
  • Rapid Implementation: The project took only 4 months to complete.
Resources
 
"We wanted a messaging server that could support multiple locations, is reliable and has the ability to handle up to a million transactions per day. We evaluated a number of vendors. SonicMQ's capabilities and flexibility to integrate well with our existing applications, the service of the SonicMQ team, and best price-performance were the keys to our choice."
 
View the Website at:
www.federalbank.co.in