April 16, 2004

UTI Bank Journey's Towards Open Source & Beyond

UTI Bank has come a long way since its first tryst with Open Source, and now portrays a ready to experiment mindset, according to president-IT, V.K. Ramani. The bank has exciting projects lined up in its itinerary, and plans to redesign its network, add more ATMâs, and go live with its mobile banking solution this year.

Speaking to CXOtoday, V.K. Ramani, president-IT, UTI Bank Ltd., said, "The traditional OS computing mindset was attracting a lot of attention, with enterprises embarking on cost reduction exercises. The platforms on which application softwares could be deployed, were largely dictated by vendors. We use Finacle as our core banking solution, which is Unix based. Today there are a variety of Unix flavors available, and migrating Finacle to a different flavor is easy. However, migrating from Unix to Linux is a completely different ballgame.â

Link: CXOtoday.com


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