UBI partners with IBM to centralise its Branches

Bangalore, Oct 15 (UNI) Public Sector Union Bank of India today announced that it had successfully implemented comprehensive infrastructure and technology services with the technical support of IBM India.

IBM was mandated to put in place the server and storage system infrastructure with a focus to centralise Union Bank's extensive branch network across India including those in rural areas.

The scalable hardware platform brought Union Bank's 2274 branches and 135 extension counters under a common IT framework while simultaneously enabling a higher number of transactions. As on date 1211 of the bank's branches and extension counter are under CBS network, a press release said here today.

Mr. M V Nair, Chairman and Managing Director, Union Bank of India said, "To meet our growth objectives we needed to move to a centralised environment where economies of scale, consistency and firm-wide synchronisation of data will bring significant benefits".

UNI