IndusInd Bank announced that it has been awarded the global ‘Celent Model Bank’ award under the category – ‘Payments System Transformation’ for building a best-in-class Enterprise Payments Hub (EPH). The award acknowledges the Bank’s outstanding journey in creating a cloud-based central payments hub that is capable of seamlessly processing high transaction loads originating across all forms of payment instructions, and across all originating client touchpoints.
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The ‘Celent Model Bank’ is awarded for best practices of technology usage in different areas that are critical to success in banking, and is the main award that a financial institution can receive from Celent – a leading research and advisory firm focused on technology for financial institutions, globally. With this, IndusInd Bank has joined ranks with a few other banks globally, who have been conferred with this award.
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Speaking about the award, Mr. Biswabrata Chakravorty, Head – Information Technology, IndusInd Bank said, “We are honoured to have been recognized for our efforts at the prestigious Celent Model Bank awards. IndusInd Bank’s vision to transform into a state-of-the-art Digital Bank hinges on providing the best-in-class banking services, backed by innovative usage of technology. The award is a testament to our constant endeavour at undertaking initiatives that simplify processes, minimise turnaround times, and eventually create an agile financial ecosystem, that provides customers with a seamless banking experience across touchpoints.”
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