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CashTech, IBM India in pact for financial solutions
By siliconindia
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Monday, 16 September 2002, 19:30 IST
PUNE: CashTech Solutions India Pvt. Ltd., a cash management solutions provider and IBM India Ltd., have announced a marketing alliance in India to deliver comprehensive solutions to the financial services industry. Under the terms of the agreement, the two companies will market and sell CashTechs branded solutions on IBM platforms and IBM WebSphere software. IBM India will also provide infrastructure support for porting CashTech products on IBM platforms.
CashTech Solutions flagship products include Cashin- a middle-office cash management transaction process solution and CashWeb an Internet based corporate cash management front-end solution. CashTech Solutions and IBM India alliance will address the fast growing and high-potential Internet cash management solutions in the financial services industry with Cashin and CashWeb suite of products. The implementation of these flexible and scaleable solutions will also enable banks and user companies to keep adding modules as their business grows.
IBM eServer pSeries are the most technologically advanced, easy to use, UNIX platform with web server capabilities and leading RISC/UNIX performance. IBM WebSphere software product is the Internet infrastructure software for creating, running and integrating e-business applications across a variety of computing platforms, which are built on open standards. The two companies will jointly explore opportunities to conduct marketing initiatives such as road shows, seminars and other events in India.