CredenTek Software & Consultancy Pvt Ltd - Wielding Technology to leverage Enterprise Mobility in BF

CIO Vendor The financial services industry dominated enterprise tablet adoption earlier. However, in order to reap the full benefits of enterprise mobility, banks, mortgage lenders, insurance, wealth management, and other financial services providers must be able to safely and securely provide mobile-enabled workers access to critical files and information at the risk of steep government penalties, fines, and loss of credibility if data is compromised. One of the recent trends is understanding the behaviour of mobile banking customer in the wake of growing essence of enterprise mobility. Firms are also investing in automating their processes to reduce inefficiencies.


Focussed emphasis on Mobility, CredenTek has setup a dedicated IBM MobileFirst Mobility Center of Excellence (CoE) in Pune


CredenTek is renowned as an IBM partner in the market and as a strong competitor in BFSI (Banking, Financial services and Insurance)sector. CredenTek's mobile application framework enables companies to mobilize multiple business processes from legacy systems, ERP, CRM and extend it to mobile devices. The introduction of Morpho (Mobile Application Platform), GallOP (Reconciliation Platform) using CredenTek’s BeeLine Architecture Principles and iDDS system solution are exemplars of its success in BFSI zone.

CredenTek’s award winning Mobility solutions are running in tier-1 banks in India and abroad since 2012. Morpho, CredenTek’s Mobile Application framework, is a device and OS agnostic, component based mobility suite
that extends enterprise applications to Mobile Phones,Tablets and Smart Phone Devices, with guaranteed transaction security. Morpho’s flexible architecture and rich reusable components library enables swift development of mobility solutions in much less time and effort, and over a period, it has been enriched with unique features like two/three factor authentication, Data encryption at rest, Device Fingerprinting, eKYC/Aadhar/Biometric authentication, Geo-tagging, Integration with Google map, Facebook and Twitter,Online/offline mode.

For heavy-duty transaction processing,CredenTek offers a run-time platform called GallOP which is a 24/7,web-based, multi-entity, flexible and generic reconciliation platform. It uses techniques like In-memory Computing(IMC) and CredenTek’s BeeLine Architecture Principles for speedier processing. The BeeLine Architectural Principles are designed for voluminous processing, to provide real-time online experience, better sturdiness, higher speed and linear scalability along with lower cost per transaction.

CredenTek highlights MobileFirst, Mobility COE are vital factors that encouraged it to partner with IBM. IBM’s MobileFirst MADP platform hybrid technology gives CredenTek a tremendous flexibility to maintain single version of code for multiple platforms. Focussed emphasis on Mobility, CredenTek has setup a dedicated IBM MobileFirst Mobility Center of Excellence (CoE) in Pune.

When it comes to cash management, majority of the banks follow a manual process for offering the Doorstep Delivery Service to their clients that lead to delay and human errors. CredenTek provides an IDDS system to help banks overcomes these problems. The system enables the banks to do daily reconciliation of vendor invoices and daily application of service charge to the customer. This reduces the turn- around time for clearing of vendor’s bills.
CredenTek pursues best practices for system design and assists enterprises with reliable solutions. It is due to its credible solutions that it has established itself as a strong player of Mobility Technologies in BFSI segment. It follows credential system reengineering patterns as well as techniques and retains a rich set of tools to accelerate engineering process to empower the business of large multinational financial institutions. The company works harmoniously with its enterprise customers to accomplish their goals and to build a seamless path for its customer’s future enhancements.