Core Banking
Catholic Syrian Bank has chosen Sun Microsystems to implement its core banking solution (CBS) that will help customers access the bank’s services through the branches, Website and ATMs (automated teller machines). CSB will Rs 40 crore on the solution, which includes hardware, software, application and network. The centralised banking solution (called Maarvel) was developed jointly with Laser Soft, a Chennai-based company. Sun has provided servers and storage devices and Wipro is the system integrator.).
Read more about this topic: Catholic Syrian Bank
Famous quotes containing the words core and/or banking:
“In the core of God’s abysm,—
Was a weed of self and schism;
And ever the Daemonic Love
Is the ancestor of wars,
And the parent of remorse.”
—Ralph Waldo Emerson (1803–1882)
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)