IBM (NYSE: IBM) announced that Equitas Small Finance Bank is collaborating with IBM Consulting to design and build a digital banking platform that delivers customers and partners a modern and secure experience. This partnership will help Equitas leverage technology as a differentiator in its next growth phase.
Equitas Small Finance Bank is modernizing with a cloud-native platform architecture to capitalize on its position as a technology-forward industry leader. Equitasis and IBM Consulting are working together to adopt a cloud-native architecture to secure digital channels and applications, boost operational efficiency, and comply with industry regulatory compliance requirements. IBM Consulting will develop and deploy modern web and admin portals and multi-device banking apps for Retail Banking.
Kamal Singhani, Country Managing Partner, IBM Consulting, India/ South Asia said, “ We’re excited to be Equitas’s consulting partner and technology collaborator in its next growth phase. We are leveraging the deep banking industry expertise coupled with digital experience and cloud capabilities of IBM Consulting to design a modern platform to support Equitas Bank’s digital journey for its customers.”
