iPrimitus Consultancy Services: Providing a Comprehensive and Integrated Suite of Managed Services

Date:   Sunday , November 23, 2014

The myth about the Information Technology department of any financial organization or a Bank being just a support unit or a cost center is transforming into a fact that IT is the catalyst to generate more business and has become an absolute profit center. When Shujath Pasha was working with banks (in IT department) in Middle East for around 20 years, heprovided many business solutions to banks that would enhance the banking system and support the business to grow well. The solutions hadcatered to all segments (Retail & Corporate Banking, Treasury, International Banking, Investment Banking) and all departments of the bank like Business, Front-office and Back-office operations. This helped Shujath graban in-depth understanding of banking functionality and a sense of adding value to business competivenesswhich later helped him to embark on his entrepreneurial journey to provide functional and technical consultancy to Banking Industry globally.

In 2012, Shujath joined hands with iPrimitus Consultancy Services that was founded by Nilesh Gupta and primarily focused on IT infrastructure services.Currently, it is solely owned and has brought banking consultancy as a major service along with other services like software development and IMS. \"Today, we are one of the global providers for technology services. We work towards delivering IT right the first time, every time, thus ensuring customers that believe in us come back year after year,\" explains Shujath about the idea behind the inception behind the company.

Shujath and his team consider themselves to be a \'Business Enabler\' rather than typical vendor who provides technical support to clients. \"We bring in expertise on business functionalities along with technical abilities to provide a lucrative solution that would add a definite value to any organization,\" he further adds.

The Expertise

What makes iPrimitus Consultancy Services have an edge over the others is a blend of rich domain functional knowledge and harness of right technology. Shujath explains how their comprehensive and integrated suite of managed services can support any critical business applications. \"You can pick from the diverse portfolio of our offerings and your choice will be configured exclusively to meet your unique business needs,\" he adds. iPrimitus provides an end-to-end consultancy on implementing customized systems and services that includes Project Management and Consultancy, Core Banking Implementation and Enhancements, Solution to Enhance Operational Efficiency and Business Values, Specialized in implementing Disaster Recovery Solutions, Business Continuity Process and Management, Business Analytics and Managed Services to name some. iPrimitus have robust processes and extensive experience of delivering cost-effective and high- quality technology services to institutions and helps to derive maximum value out of one\'s investment in technology. \"Our primary services offerings will help to maintain the day-to-day operations using our expertise in diversified domains, while our Primary+ services offerings ensure critical applications and infrastructure are not compromised in anyway,\" narrates Shujath. The company also partners with various technology leaders and leading organizations around the globe with best-in- class products and services across the industry segments.

A Healthy Work Culture

iPrimitusprovidesimmense importance to its employees helping them maintain a perfect work-life balance. The three main ethics of work culture followed in iPrimitus is Empowerment and Work Life Balance where they imbibe intrinsic values as passion, integrity and teamwork; Execution i.e., deliveringon the promises; and Quality that involves striving for excellence.

The Roadmap Ahead

With success on its way, iPrimitus has a bright future. Apart from the financial services, the company also aims to launch two products in the near future. \"We plan the launch of Islamic Banking Core Engine (Model Touch TM), which can be embedded in any existing core banking system. The various modules in this suite can be used as a service to book and amortize all assets and liability line of products. This will provide an independent amortization and collection engine with the seamless integration with any existing core banking system,\" says Shujath. \"It will also have process for completely configurable Ijara products along with provisioning and recovery procedures for default facilities. Also, based on the configuration, this product can provide profit distribution,\" he concludes.

Their second product which is due to be launched in December 2014 is VatOnWheels TM. This product is a customer focused and cloud based accounting tool and services that make the process of accounting and generating of sale bills easier for chartered accountant and their clients.Major users of this service will be every Chartered Accountant or Accounting Firm with SME Clients.The USP of this product is the simplification of book keeping and regulatory compliance. It also integrates with other applications in market like Tally.It is one stop shop for dealers to generate sale bill, obtain e-sugam number and print the formatted sale bill. It also has automated services like exporting the sales information to various accounting software on a click and it helps clients to upload sales register to the government authority website periodically.

Panel

Offices Bangalore, Muscat

Key Management

Shujath Pasha, CEO & Managing Director
Shujath has over two decades of industry experience and has successfully managed several projects.

Services

1. Project Management and Consultancy
2. Core Banking Implementation and Enhancements
3. Solution to Enhance Operational Efficiency and Business Values
4. Specialized in implementing Disaster Recovery Solutions
Business Continuity Process and Management.
5. Business Analytics
6. Managed Services
7. Complete Data Center Monitoring
8. Consultancy in implementing Islamic Banking

Clients

TATRATEC Group of Companies - Riyadh, Saudi Arabia,
SAR Group - Leading Group in Electrical Consultation, Infrastructure and Trade, Saudi Arabia.
BDC Holding, Dubai, UAE
Major Banks in Middle East and Africa.
PCI Limited, Mumbai, INDIA
RK Builders and Developers, Bangalore, INDIA