Web-based Pension Processing Solution

The Challenge

Our client is one of the oldest and largest commercial banks in India with a network of 4,651 branches across the country. The bank intended to procure a web-based comprehensive pension processing system to handle pension process effectively. It needed that the solution should have compatibility with Core Banking Solution included with installation, implementation & maintenance of all necessary hardware and software.

Vertical
Banking

Practice
Product Engg & Dev - Banking

Silo-based

Pension processing system

Poor

Backup approach

Difficulty

In migrating legacy data

Our Approach

We approached our client’s business challenges by deploying ISL’s Government Business Module (GBM) Version 2.8 that covers comprehensive pension processing solution by designing a robust, reliable and highly available solution by leveraging Oracle VM for SPARC, Oracle SPARC Servers and Oracle Solaris Cluster. With Commvault Simpana, Tandberg Tape Library T48 and Dell Backup Server, we implemented an effective Tape-based backup solution. We achieved Recovery Point Objective and Recovery Time Objective using Oracle Data Guard Manual Failover.

Benefits

The bank benefited from the lowest Total Cost of Ownership. We deployed an infrastructure with maximum performance and availability. We delivered value by providing complete control and visibility of infrastructure through centralised management.

Centralized

Web-based pension processing system

Improved efficiency

In pension processing and response time

End-to-End

Solution Delivery

Why Inspirisys is the best pension processing solution provider?

Inspirisys Government Business Module addresses the collection and payment requirements of banks in a cost-effective way. It is a centralized web-based solution and can be integrated with any banking solution or can be used as a separate stand-alone application. The module provides the best-fit solution for regular pension payments to various Government Department Pensioners.