London, UK and Mumbai, India, 04 Oct 2014: SunTec Business Solutions is pleased to announce that YES BANK , India’s fourth largest private sector bank, has selected SunTec’s Xelerate product suite for its revenue management and business assurance needs in its retail banking division. YES BANK will use SunTec’s technology to help launch new product packages and manage revenue streams more effectively.
YES BANK operates in a unique market, and believes that the customer experience differentiation it can obtain with the help of SunTec will be key to successfully achieving its strategic objectives. In addition, YES BANK will use the Xelerate product suite to streamline its pricing and billing process.
YES BANK selected SunTec’s technology after conducting a thorough evaluation process. SunTec’s product suite incorporates the best aspects of technology from banking systems around the world.
Pralay Mondal, Senior Group President, Branch and Retail Banking, YES BANK said “We see real value in SunTec’s vision in providing futuristic solutions. Partnering with SunTec gives us the ability to quickly develop new products and improve our existing offerings. We are looking forward to working with SunTec to put our customer-centric business strategies into action.”
Nanda Kumar, CEO of SunTec said “We are very pleased to be working with one of the most impressive players in the Indian financial services industry. The Indian retail banking sector is full of exciting opportunities, and we look forward to helping YES BANK take advantage of them.”
SunTec is a trusted partner of some the world’s leading service providers like Visa Europe, HSBC, ING, Mashreq, Standard Bank and American Express.