SunTec's Xelerate suite for financial services cos now on Microsoft Azure

BANGALORE, INDIA: SunTec today announced the availability of its customer experience suite, Xelerate on Demand Service (XoDS) on Microsoft Azure.

XoDS significantly reduces a bank’s Total Cost of Ownership (TCO) on the IT infrastructure by paying for what they use. Computing resources are measured at a granular level, allowing users to pay only for the workloads they use. This means resources can be reallocated to build new services based on customer demands.

Banks can completely move infrastructure into the Azure cloud and be assured their data will be protected round the clock.

XoDS can be quickly deployed and be connected with third-party technologies with very less downtime.

Microsoft Azure gives banks more computing power to use compared with internal datacenters. More compute enables more scope to use emerging technologies such as Chatbots and Containers. XoDS helps banks scale up as computing needs increase and then scale down again as demands decrease.

Nanda Kumar, SunTec Founder and CEO, said: “Now every bank we work with can choose to use Microsoft Azure. The XoDS service delivered with Microsoft can be launched in just a few weeks and  allows banks the chance to experiment with IT as well as  test new technologies requested by their customers.”

Rajiv Sodhi, Commercial Partner Leader, Microsoft India, said “We are extremely happy to partner with SunTec, as they prepare to take a giant step in enabling the financial services industry to become more productive. The successful deployment of Xelerate on Demand Service (XoDS) on Microsoft Azure will not only help organisations optimise processes, but also become compliant while minimising IT costs and drive growth.”