Apac
  • Home
  • News
  • CXO Insights
  • CIO Speaks
  • Whitepapers
  • Partner Conferences
  • Subscribe
  • About us
Apac
  • Agile

    Artificial Intelligence

    Augmented Reality

    Big Data

    Blockchain

    Business Intelligence

    Business Process Management

    CEM

    Cloud

    Collaboration

    CRM

    Cyber Security

    Data Center

    Digital Technology

    Disaster Recovery

    Document Management Systems

    Enterprise Architecture

    Enterprise Asset Management

    Enterprise Security

    ERP

    Gamification

    Geographical Information System

    HR Technology

    Internet of Things

    IT Services

    Mobility

    Networking

    Open Source

    PLM

    POS

    Project Management

    QA and Testing

    Risk Management

    SaaS Solutions

    Security

    Simulation

    Smart City

    Sports

    Startup

    Storage

    Unified Communication

    Virtualization

    Workflow

  • Aviation and Aerospace

    Banking

    Compliance

    Construction

    Contact Center

    E-Commerce

    Education

    Energy

    Engineering

    Field Service

    FinTech

    Fleet Management

    Gov and Public

    Healthcare

    Insurance

    Legal

    Logistics

    Managed Services

    Manufacturing

    Media and Entertainment

    Metals and Mining

    Payments

    Pharma and Life Science

    Procurement

    Retail

    Sales and Marketing

    Telecom

    Travel and Hospitality

    Utilities

  • Amazon

    CISCO

    Corporate Finance

    Google

    HP

    IBM

    Intel

    IT Service Management

    Microsoft

    Oracle

    Red Hat

    Salesforce

    SAP

    VMware

Menu
    • FinTech
    • Banking
    • Oracle
    • Healthcare
    • Compliance
    • Data Center
    • Legal
    • FinTech
    • Workflow
    • Business Intelligence
    • Procurement
    • Insurance
    • Pharma and Life Science
    • Microsoft
    • Home
    • FinTech
    • Vendor
    • Puratech Solutions India Pvt Ltd
    Previous
    Next

    Puratech Solutions (India) Pvt. Ltd: Offering Out-of-the-box Solutions for Financial Service Sector

    CIO VendorVishal Shah and Mukund Sivasubramaniam, Founders and Directors

    The global economic and finance industry has seen some major swings both upwards and downwards in the past decade. The economic slowdown and the Euro zone crisis have affected the financial markets throughout the globe at varying magnitudes. The Asia Pacific region was no exception, though the extent of austerity was comparatively less than most European and American nations. It was also a time when major players in global financial services were poised with competition from the local and relatively smaller financial service providers. The middle class economy saw a boost and became a key player in economy. The time was ripe for Puratech Solutions (India) Pvt. Ltd to build its brand and position itself amongst the veteran financial payers in the market.

    Puratech Solutions, which was already in the market as a partnership company, formally positioned itself as a Private Limited Company in 2008. Withstanding the global (something is missing ???) Vishal Shah and Mukund Sivasubramaniam, the Founding Directors of Puratech Solutions, materialized their vision of setting up a Product based solution provider rather than just being a service based IT company. “Our thrust has been to provide out of the Box solutions that meets major of the customer requirements that would also bring in the best of the industry processes along with it thus reducing the implementation time”, elucidates Mukund. The directors realized the tremendous potential and a glaring lag in services beyond core banking and generic BFSI solutions. Puratech thus aims at cashing on the potentials and bridging the gaps with a wide range of customized and high tech solutions.


    The flagship products by Puratech includes the eSeries Product Suite comprising of Commodity Based Financing (eCBF), Inventory Funding (eIFS), Supply Chain Finance (eCF) and Business Correspondent Banking (eBCS)


    The flagship products by Puratech include the eSeries Product Suite comprising of Commodity Based Financing (eCBF), Inventory Funding (eIFS), Supply Chain Finance (eCF) and Business Correspondent Banking (eBCS).

    The clientele of Puratech in the financial services sector are the major banks and financial institutions. Among the celebrated clientele are names like ICICI Bank, HDFC Bank, Citi Bank, Kotak Mahindra, Axis Bank, Induslnd Bank and so on. Banks are always confronted with challenges in time bound services and penetration of markets due to the ever increasing competitions from the BFSI eco system. Managing and monitoring loan assets adds to the menaces. It has evolved as a major player amongst the financial solution providers, with impeccable quality and delivery commitments coupled with cost competitiveness, faster project implantation and TAT, Puratech has been marching boldly towards the epitome of success. The services provided by Puratech have already been recognized by most of the top-tier banks.

    The directors at Puratech, who have been rendering connoisseur services across several other domains, have perceived tremendous potential not only in the BFSI sector but also in travel segment. Puratech has been leading its way in the market by delivering phenomenal services gilded with advanced tech savvy approaches. Their proficiency and customer centric business approach has earned them name, fame and business. Puratech has been featured as a promising Financial Solution provider by a top ranking magazine. They have plans to expand their territory both in terms of services and geography. “We are constantly evolving the products to be offered to our clients in BFSI segment. We are also working on applications that can be offered on mobile platform that can be offered to our existing clients”, said Mukund as he wrapped up the conversation.
    Previous
    Next

    FinTech Special

    CIO Speaks

    • E-Mortgage, The Next Big Thing is already here: Make it Bigger

      Nafees Ahmed, CIO, Indiabulls

      Technology and Business Conscience Collision

      Winston Benedict, CIO, Dentsu Aegis Network ANZ

      eMortgage, The Next Big Thing is Already Here: Make it Bigger

      Nafees Ahmed, CIO, Indiabulls

      Need and Importance of IT in the Shipping Industry

      Anjan Deb, GM-IT (CIO), The Great Eastern Shipping

      At the Crossroads of Sports and Technology

      Jerry Mcglynn, CIO, Specialized Bicycle Components

      Proliferative Innovation via Platform+Agile

      Dr. Steve Hodgkinson, CIO, Department of Health & Human Services in Melbourne, Australia

    • Journey to the Cloud - Getting Things Straight

      Alex Konnaris, Group CIO, RMA Group

      Redefining the CIOs role

      David Kennedy, Group CIO, Transaction Services Group

      At the Pinnacle of Smart City Aspirations

      Peter Auhl, CIO, City of Adelaide

      Identifying the Ideal DMS

      Judi Flournoy, CIO, Kelley Drye & Warren LLP

      Transformational Change Challenging Information Technology Teams

      Dave Hudson, CIO, Veritiv Corporation

      End user adoption of Document Management

      Chris Moon, CIO, Environment Protection Authority Victoria

    Copyright © 2018 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy.

    follow on linkedinfollow on twitter
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://fintech.apacciooutlook.com/vendor/puratech-solutions-india-pvt-ltd-offering-outofthebox-solutions-for-financial-service-sector-cid-78-mid-7.html