Financial Daily from THE HINDU group of publications Friday, Oct 15, 2004 |
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Money & Banking
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Software Datacraft to network SBI overseas offices Our Bureau
Mumbai , Oct. 14 DATACRAFT India has won a $1-million contract to design, build, and manage a connectivity network for all of State Bank of India's (SBI) 57 overseas offices across 20 countries. This network will run online centralised banking applications, and is the largest of its kind in terms of the number of foreign branches involved, said a news release from Datacraft. Datacraft has already implemented Phase I and Phase II of `SBI Connect,' and the relationship has also been extended for the foreign office project. The foreign office project will link SBI offices worldwide to the nearest regional data centre and to its primary data centre at Benalpur, off Mumbai. The three regional data centres are Belapur (Asian, African and Nigerian locations), Tampa in Florida for US branches and Swindon for the bank's UK branches. Each regional data centre will have a corresponding disaster recovery centre. The regional disaster centres planned will be in Chennai, in Houston, Texas and in Reading, UK. The 57 overseas SBI branches will be connected by using a mix of multi-protocol label switching, international private leased circuits and very small aperture terminals. All traffic on the wireless area network (WAN) will be Internet protocol and will run applications such as core banking, treasury and Internet banking. Datacraft's nationwide network for SBI connects nearly 4,500 branches across 400 cities.
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