3i Infotech sets-up Kastle™ ULS Onboarding Solution at Lloyds Commercial Finance

Lloyds Commercial Finance (LCF), a leading provider of Invoice Finance, Asset Finance and Asset Based Lending in the United Kingdom, has implemented 3i Infotech‘s  Kastle™ Onboarding Solution, a rich workflow-based Credit Approval application to streamline and automate its business processes in the Commercial & Industrial market segment.


The software has been successfully rolled out at LCF’s 12 regional centers across the United Kingdom. Kastle™ Onboarding Solution GoLive is a key milestone for LCF's Commercial Finance Transformation program, with a vision to maintain and grow LCF's market share in this segment.
Under the scope of this engagement, 3i Infotech has successfully deployed the first phase of the solution by mapping the business process for onboarding new prospects. Automating elements of the existing process is a major benefit that LCF has derived with Kastle™ Onboarding.3i Infotech have also helped in the transitioning from a legacy system.

Commenting on their breakthrough win in the UK, Gurjeet Oberoi, 3i Infotech Ltd, Europe said “When we first started our Interaction with the Lloyds Commercial Finance Team, they were looking at a comprehensive solution which could lead the way for their technological revamp, to bolster their team’s performance & gain deeper market penetration, which became a great opportunity for us to showcase our end to end solution Kastle ULS..“

3i Infotech has integrated its Kastle™ Onboarding Solution with LCF’s existing CRM system enabling a seamless 360 degree customer view. The solution has improved the turnaround time for processing new applications, and has also improved the productivity of the organisation’s workforce.

Kastle™ Onboarding will help transform LCF’s core business through process automation and enabling better control, by generating & monitoring legal documents through its workflow engine, which is integrated with LCF’s Enterprise Document Management System. 3i Infotech has also built Dynamic Management Information reporting, powered by SAP Crystal Reports.

Bhiwandi - Participates In The ‘Make In India’ Campaign

Accelerates Industrial Revolution

On the side lines of the ‘Make In India’ week scheduled to be hosted at Bandra-Kurla Complex Exhibition grounds in Mumbai from 13-18 February, 2016, the ‘Make In Bhiwandi’ campaign will promote manufacturing and boost local economy. The campaign encourages industrialists, investors and manufacturers to set shop at the Bhumi World Industrial Park in fast-developing node of Bhiwandi.

The campaign will pave way for potentially-strong sectors to raise investments and facilitate growth spurt in economy. Bhumi Associates, craftsmen of premium business space solutions, will proudly represent the industrial park at the infrastructure development corridor for the mega ‘Make in India’ week. The campaign upholds the potential of design, innovation and sustainability across India’s manufacturing sectors in the coming decade.

Commenting on their keen participation for the Make In India Week, Mr. Prakash Patel, Chairman & Managing Director of Bhumi World said, “Bhiwandi has all the qualities and potential desired of a manufacturing hub. All that we have to do now is push it to newer height of glory. Our participation in the ‘Make In India’ week will boost Bhiwandi’s industrial growth”.

Keeping in mind the varied needs of business houses looking for expansion, the park has designed innovatively-designed industrial units which offer the right mix of sturdy RCC structures industrial sheds along with intelligently-designed office spaces. It is currently catering to the diverse needs of hundreds of factories encompassing from over 40 countries. The sectors the park is successfully catering to include automotive, furniture, pharmaceuticals, garments, engineering, cosmetics, imitation jewellery, plastics, food and printing press etc. Bhiwandi offers an overall ecosystem required to help businesses steer their growth.

8,000 persons are employed here. With an additional over 5,000 jobs capacity planning with new projects in the pipeline, Bhiwandi is a fast-growing city with plans on creating fast track corridor connecting key infrastructure projects like Navi Mumbai International Airport and JNPT.

NMMC signs an MOU with European Business and Technology Centre

Under the aegis of India’s smart city challenge, NMMC has signed an MOU with European Business & Technology Centre to promote real time solutions and best practices from Europe for the Navi Mumbai Smart City Project in the presence of Hon. Chief Minister Shri Devendra Fadnavis, at CIDCO Exhibition Centre, Navi Mumbai.

Highlighting on the importance of the MOU, Mr. Dinesh Waghmare, Commissioner NMMC commented “This MOU with EBTC is a testimonial that Navi Mumbai is all geared up to meet the benchmark guidelines for the said challenge. The MOU fits very well in uplifting the cause of a Smart City which requires comprehensive development of physical, institutional, social and economic infrastructure. All are important in improving the quality of life and attracting people and investments to the city, setting in motion a virtuous cycle of growth and development."

European Business and Technology Centre (hereinafter called EBTC) is a program co-funded by the European Union and implemented by EUROCHAMBRES, the Association of European Chambers of Commerce and Industry, with a company incorporated in India. EBTC is the reference point for promoting and indigenizing European technologies to suit the local needs in India. EBTC’s efforts focus on four main sectors Biotechnology, Energy, Environment and Transport.

EBTC has been delighted to be an integral part of this expert mission being spearheaded by NMMC and to help replicate the best of EU Smart City here in Navi Mumbai. EBTC intends to provide access to EU policy frameworks which could be used as a template for the Navi Mumbai Smart City Project. “

The “EU India Smart Cities Knowledge and Innovation Program” will provide real time solutions for the Navi Mumbai Smart City Project. Capacity building in evolving areas of smart city initiatives from Europe will be conducted for Navi Mumbai Municipal Corporation. The Joint events/seminars/workshops/webinars and Expert missions from Europe will bridge NMMC with EU funding agencies across Europe for the smart city projects.

Smart Banking Ideas for a Smart City - Navi Mumbai

Leading Bankers shared innovative suggestions at the forum

The Navi Mumbai Municipal Corporation (NMMC), in its endeavor to engage with enlightened minds for the Smart City Mission, held a Smart Banking Connect at NMMC Headquarter, Belapur on Thursday evening. The NMMC sought bright ideas and suggestions from the city’s banking community for seeking avenues for smart banking for the citizens.

The event witnessed the presence of esteemed banking organizations like Bank of India, Bank of Maharashtra, SBM, Indus Ind Bank, Axis Bank, ICICI Bank, Yes Bank, Allahabad Bank, Bank of Baroda and Indian Bank.

The Navi Mumbai Municipal Corporation was represented by the Chief Accounts and Financial Officer D.M. Garad and Chief Auditor Suhas Shinde. Members present were enlightened on how Smart City Navi Mumbai can bring about a drastic change in the lives of residents due to improved banking.

The session was followed by the banking fraternity sharing ideas of smart banking for the smart city. Some of them included introducing incentives on e-payment of bills, collection of bills through mobile bank vans, smart gadgets and correspondents that can collect payment of the bills from slum and village areas. An idea of a smart mobile application and a smart NMMC card for payment of water, electricity, property bills etc from one point was discussed.

The Smart City Challenge is designed to inspire greater creativity from municipal officials and their partner ecosystem. The challenge invites for a more evolved ‘Citizen-Civic’ engagement, along with an overall development of proposals that will produce concrete benefits in people’s lives.

NMMC Seeks Smart Ideas From Engineers

The Navi Mumbai Municipal Corporation (NMMC), in its endeavor to engage with enlightened minds for the Smart City Mission, held a workshop at The Institution of Engineers, Belapur on the evening of 19th November, 2015.

The NMMC sought bright ideas and suggestions from the engineers present and their whole-hearted participation.

The institutions present included The Institute Of Town Planners, The Indian Institute of Architects, The Institute of Company Secretaries Of India, The Vaikuntha Mehta Institute for Decentralized Industries, The Indian Institute of Materials Management and The Indian Institution of Industrial Engineering.

NMMC Chief Engineer Mohan Dagaonkar presented the achievements of the civic body and consulted engineers, architects and other leading fraternity on the Smart City Projects. He listed few challenges faced by NMMC like strengthening public transport system, providing adequate parking facility, ensuring citizen safety and maintaining high-growth trajectory for economic development.

Members gave their opinions on various projects. Those present were enlightened on how Smart City Navi Mumbai can bring about a drastic change in the lives of residents due to improved infrastructure and lifestyle.

The present event upholds NMMC’s broad vision to make Navi Mumbai the future city by setting the stage for knowledge sharing with specialists.

The Smart City Challenge is designed to inspire greater creativity from municipal officials and their partner ecosystem. The challenge invites for a more evolved ‘Citizen-Civic’ engagement, along with an overall development of proposals that will produce concrete benefits in people’s lives.

Dagaonkar said, “NMMC aims to establish Navi Mumbai as an exemplar for both citizens as well as other cities around the world to emulate. A place where everything we want to achieve will come together: eco-friendly and sustainable environs, efficient infrastructure and an enviable lifestyle.”

The Navi Mumbai civic body has asked residents to send suggestions for smart city to the following address:
Municipal Commissioner, NMMC head office, plot no1, opposite Killa gaothan, sector 15A, CBD Belapur, Navi Mumbai - 400614.

3i Infotech sets benchmark in KSA with Saudi home loans

-          ORION, KASTLE Universal Lending (ULS) and KASTLE Treasury are amongst  the chosen products

India, 19 October, 2015: Saudi Home Loans (SHL), a Riyadh based fully Islamic specialized home finance company, established to provide customer focused products and services to finance home loans, adopts 3i Infotech's mainline solutions- ORION, KASTLE Universal Lending (ULS) and KASTLE Treasury.

SHL is now equipped with powerful capabilities to manage three key processes - Internal Systems, Data Management & Human Resource Management.

Speaking on the occasion, Jeelani Basha, Geo Head- KSA and Bahrain, 3i Infotech said, “The new system implementation by 3i Infotech has enabled SHL to automate and improve their go-to-market strategy to offer new products in the lending business market. The new system has also enabled the end users to access customers’ information and documents on real time basis which will eventually improve the user performance as well as customer relationship.

Abdulelah Al-Shaikh, CEO, Saudi Home Loans commented, “SHL selected 3i Infotech’s KASTLE ULS (integrated with DMS and OBI), KASTLE Treasury and ORION. We went Live on these solutions in June, 2015. Implementation of these products involved a number of challenges but the dedication and knowledge of 3i Infotech’s team made it to a successful migration into production, and since then, we have been able to serve our customers with superior services. We continue to work closely with 3i Infotech and agree the timetable for the phase two deliverables. We look forward to continue our collaboration and I hope this collaboration will be a long and enduring professional relationship between the two companies”.

KASTLE ULS is an enterprise-wide lending solution that automates the entire lending life cycle from customer acquisition to recovery. KASTLE ULS accelerates commercial lending, consumer lending, home equity, project financing, Islamic lending and micro finance.

KASTLE Treasury is a leading, integrated treasury management solution used by financial institutions worldwide to meet their business objectives. Equipped with holistic picture of an organization’s financial health, KASTLE Treasury offers multi-entity, multi-portfolio, multi-dealing room environment supported by robust risk management, back-office management, and MIS. With the capability of being deployed on Oracle Database 11g Release 2, KASTLE Treasury is now Oracle Exadata & Exalogic Ready.

With the deployment of the technologically advanced ORION ERP system, SHL gets complete control over the value chain and instant access to actionable and critical business information which is imperative for growth oriented businesses to run seamlessly.

Efficient management of SHL transformation adds another feather to the 3i Infotech’s leadership skills in the Banking and Financial Services sector in Kingdom Of Saudi Arabia region.

ITChamps Receives SAP® Partner Award 2014 for ‘’Extended Business Program Partner of the Year”

Mysore, Karnataka: June 13, 2014: In recognition of its outstanding contributions as an SAP partner, ITChamps Software Pvt. Ltd based out of Mysore, Karnataka today announced it has received SAP® Partner Award 2014 for the Extended Business Program Partner of the Year category.       
        
SAP Partner awards are presented annually to the top SAP partners that have excelled in developing and growing their partnership with SAP and driving customer success.  Finalists and winners in 13 categories were based on field recommendations, customer feedback and performance indicators in the following five umbrella categories: Run Together (for co-innovation), Run Further (for market expansion), Run Clever (for service delivery), Run Sustainably (for sustainability) and new for 2014 Customers’ Choice.

Mr. Rajesh Kutnikar, CEO ITChamps Software commented that“It is certainly a pleasure to be honored by this award as the “Best Partner” in the EBM category from SAP. This encourages and motivates growing companies like us to perform to the best of our abilities. The entire SAP partner management team, Sales and Marketing teams have been very supportive of us during the past year. With our new offering of "SAP on Cloud" focused at benefiting Small and Medium Businesses with "SAP Best Practices", we look forward to achieving similar feat this year too.”

The SAP Partner Awards 2014 shine a spotlight on SAP’s partners’ remarkable work, recognizing their intelligence and their capacity to challenge what is possible to help customers run better. Award winners were formally recognized at the 2014 SAP Partner Summit, held in Mumbai on May 28, 2014.

About ITChamps Software Pvt. Ltd–http://www.itchamps.com/

ITChamps Software Private Limited is a pure-play SAP consulting firm, operational from Mysore, India since 2005. ITChamps is a very active member of Extended Business Member program& is also SAP Education partner providing online training to customers and aspiring consultants at Mysore. The esteemed company also provides free internship program to all the students coming out of its SAP E-Academy at Mysore to ensure that they are more industry-ready. ITChamps also conducts its fresher recruitments from certified consultants coming out of other SAP education partners’ training centers. ITChamps in India has successfully executed several implementation and roll-out projects on its own as well as worked closely with SAP India Consulting and Other SAP partners maintaining 100% success rate on all the engagements. The hardworking & diligent ITChamps team has successfully delivered on several successful engagements outside India as well including AUC in Egypt, ROBI in Bangladesh and several other engagements through partners in USA and middle east.

For more information,
Rajesh Kutnikar,
raj@itchamps.com
91 997 201 5101

Rachana Chowdhary
rachana@mediavalueworks.com
+91-9619776084