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Evolvus strengthens its position in India and the Middle East with ASBA, PayDirect and Combat
The various enhancements of producs and customer targets achieved by Evolvus. There have been a few new customer acquisitions and recommendations to give a boost to Evolvus
Evolvus ASBA, the market leader in ASBA can now be embedded into Finacle 10. Evolvus ASBA is the only product in the market that provides ASBA functionality and integrates with Finacle Single Sign On. Embedding ASBA into Finacle Core Banking gives a seamless user experience to end users and reduces the need for training. Administrators of Banks using Finacle 10 as their core banking system can use the User and Role management of Finacle Core Banking to authorize users of Evolvus ASBA.
Evolvus Solutions will implement Combat - Risk platform in Al Masraf in a record 15 days time. The entire process includes setting up the system, training, customisation, configuration management and finally the Go Live. We are expected to go live by 24th January 2013. One of the unique implementations for Al Masraf would be online payment filtering for SWIFT and domestic payments.
Evolvus Solutions has also won the Flux PayDirect - UAEDDS Implementation project for Al Masraf. The implementation of the state of art Flux Pay Direct will begin from last week of January. The key to this implementation will the online testing of Central Bank Connectivity starting from 3rd February.
Development Credit Bank has awarded the contract to implement Mantle ASBA to Evolvus Solutions. This relationship with DCB is a milestone for the product as the count of ASBA clients grows beyond 10, with a customer base across private sector, public sector and co-operative banks in India.
The RBI circular "Adoption of ISO 20022 messaging standard in Next Generation RTGS (NG-RTGS) system" dated 31st December 2012 has mandated the RTGS Member banks' readiness for NGRTGS. Evolvus Solutions' Flux PayDirect IPP is ready with ISO 20022 messaging standard. Our solution has been designed to support any payment channel like RTGS, NG-RTGS, NEFT, ACH, SWIFT, and Remittance and can be scaled to support future Regulatory requirements. We are discussing with the RTGS member banks and have already proposed our Flux PayDirect solution to several banks.
National Bank of Fujairah has awarded the contract to Evolvus to Implement our Flux PayDirect Payment system- UAEDDS. NBF is one of the leading Banks in the U.A.E. in the areas of Corporate Banking, Trade Finance and Treasury. It is a strategic relationship which augments the strong presence which Evolvus plans for the UAE market.