Equitas Small Finance Bank has signed an agreement with International Business Machines (IBM) to design and build a digital banking platform.
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Aim: To provide a secure experience to customers
The collaboration will boost the digital products offered by Equitas as well as its service offerings, as it evolves its business for a digital-first generation. Equitas SFB aims to commence its modernization journey with a cloud-native platform architecture.
As part of the next growth phase, Equitas aims to commence its modernisation journey with a cloud-native platform architecture. "The bank's delivery model would be highly product-centric, moving away from traditional program management methodologies to agile frameworks for the various channels including mobile," Equitas's Chief Information Officer Narayanan Easwaran said in the release.
"This partnership with IBM is just the first step towards engaging customers. We are confident that this strategic partnership will help simplify and transform the banking experience for customers across the board," Easwaran said.
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