VSoft Commissions New 900-Seater Processing Facility

Hyderabad, 13 Dec, 2013 VSoft Technologies, a global provider of core and payment processing solutions for financial institutions with operations in USA and India, announced that it has commissioned a new state-of-the-art business processing centre at Kukatpally, Hyderabad. The new centre has a capacity to accommodate up to 900 operators in two shifts. The centre is also equipped with state-of-the-art facilities like high-speed network bandwidth, fully automated fire and safety systems and high-end security and monitoring systems for high reliability and security. Highlights of the New Facility: 21,000 Sq Ft of operational area with a seating capacity of 900 in two shifts. State-of-the-art Data Center Advanced security systems equipped with CCTVs and biometric access control systems High-speed connectivity with 170mbps MPLS bandwidth and 40MB dedicated pipe between DC and DR. IT equipment health monitoring system and dedicated network and application monitoring team. The Kukatpally facility is VSofts second Business Processing Centre in the country. The first centre was commissioned in Rajahmundry, AP. The combined capacity of the two processing centers is about 30,000 sft with a seating capacity of more than 1300. In addition to the two processing centres, VSoft has commissioned 22 Image Service Bureaus across the countries, which are primarily collection and scanning points. VSoft's current CTS infrastructure, when fully utilized, is capable of processing over 13 lakh items a day. Today, over 120 banks outsource their cheque truncation operations to VSoft. VSofts customer base includes large private banks like Axis Bank and Kotak Mahindra Bank; public sector banks like India Overseas Bank; and large co-operative banks like Saraswath Bank. VSoft is one among the top 10 BFSI software and services vendors in the country (according to Silicon India magazine ranking) and the third largest cheque processor in India with a peak throughput of over 5 lakh cheques a day.

About VSoft

VSoft offers core and payment processing solutions that improve service, reduce cost and maximize efficiency for financial institutions. Its solutions provide seamless, real-time, high-volume and high-performance transactions across multiple channels and can be delivered inhouse, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions. VSoft's services have been trusted by more than 2,600 banks and savings institutions, as well as transaction processors, governments, utilities, telecommunications and retail organizations worldwide. The companys growth and stability has been recognized by inclusion in the Inc. 5000 list for four years. In 2013, VSoft was featured in the CIO Review Magazine as one of the Top 10 BFSI vendors in India. For more information please visit www.vsoft.co.in Contact Us North and East: +91 9311071599 Rajasthan: +91 9427375267 Kerala: +91 9447361345 West: +91 9867721273 Karnataka: +91 9845517624 Tamilnadu: +91 9004123372 Gujarat: +91 9427375267 Andhra Pradesh: +91 9949352950

VSoft Technologies Private Limited