200 branches across India to get connected using Cisco solutions
NEW DELHI, India - February 13, 2002 - Bangalore-based Vysya Bank, today announced a tie-up with Cisco Systems, the worldwide leader in networking for the Internet, to launch its "VysyAmulya Project" which will network 200 of its branches across India in two phases. The national network will add to the bank's offering of Retail and Corporate Banking solutions - by offering easy inter-city transfer of funds and will enable AAA banking, as well as initiate new services such as Internet banking and ATM switch. As of date 25 bank locations have already been networked, the full nation-wide network rollout will complete within next one year.
With the setting up of this network, Vysya Bank can offer the entire range of Business-to-Consumer and Business-to-Business e-commerce applications. This Project will enable fully secure, robust, reliable network for Vysya Bank to run real-time, business critical applications for their customers.
Bart Hellemans, Deputy Managing Director, Vysya Bank said: "We decided to implement the VysyAmulya Project for upgrading and realigning our network - to take our 70 year-old association with our customers to a higher level. We chose Cisco to be our technology provider as they understand the need for optimal customer satisfaction as well as we do. We are confident that we can benefit not only from Cisco's expertise in networking but also learn from their experience of managing their customers."
Speaking on the tie up, B Ashok, VP Sales, Cisco Systems - India said: "We understand that the Vysya Bank has constantly strived to be a leader among Indian banks in terms of profitability, productivity and innovation. We commend their continued focus at total customer satisfaction by rendering efficient, quick and diversified services. We are sure that we can work together to offer customers of Vysya Bank the next generation of Banking Services."
The VysyAmulya Project involves setting up a redundant network for running the critical online applications have been designed using a 3-tier architecture. The network hub resides in the data centre located at Bangalore, ITPL premises. Cisco 7500 series core router will be the backbone for this entire network located in the data centre. The distribution centre would have dual Cisco 3600 series routers, which would provide high availability services at that level, along with the aggregation of all the leased lines in that zone. At the access level Cisco 1700 / 2600 / 3600 series routers are located, based on the requirements at those locations.
About Vysya Bank
Vysya Bank was incorporated in the year 1930. Over the years, the Bank has grown in size and scale and today, Vysya Bank has transformed to a dynamic organization with traditional business reengineered to keep in pace with technology revolution. The bank aims at Total Customer Satisfaction by rendering efficient, quick and diversified services at reasonable cost through Improved Technology. While continuing to meet its social commitment and retain its premier position in the private sector, The Vysya Bank shall endeavor to be the most Modern and Model bank and a Financial Super Market. For further information, please visit us at www.vysbank.com
About Cisco Systems
Cisco Systems, Inc. (NASDAQ: CSCO) is the worldwide leader in networking for the Internet. Cisco news and information are available at www.cisco.com.
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