The Hindu Business Line : Canara Bank picks Red Hat OS for branches

Mr Sachin Dabir, Head of Enterprise Sales, Red Hat, said: "The bank chose Linux so that they could reuse hardware. Other advantages include new functionality, as well as better performance and security."

The company will provide training and help desk services to the bank for the deployment and sustenance of the project. Key factors behind Canara Bank selecting Red Hat's distro (brand of Linux OS) were "reliable support and professional services and consulting," said a release issued by the company.

Canara Bank has already developed a branch automation software in-house, called Total Branch Automation (TBA).

This software has been ported on to Linux by the bank's IT arm, CanBank Computer Services Ltd.

Canara Bank officials said: "TBA modernisation is an important project for us and we have chosen Red Hat Enterprise Linux as our platform for this project. We are very happy with it."

In August, Canara Bank picked up iFlex's Flexcube core banking solution and chose IBM to implement it. The deal was estimated to be around Rs 250 crore. In the first phase 1,053 branches were selected for implementation of the core banking solution.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Banks must re-invent SME financing

Rupee falls further; bonds lacklustre

City Union's CBS facility at Coimbatore

HDFC Bank Q2 net up 31 pc on retail surge

Allahabad Bank posts 9-pc rise in H1 net

Federal Bank Q2 net surges on lower provisioning

Canara Bank picks Red Hat OS for branches

`Cradle care' policy to cover congenital defects

Fall-out of fiscal responsibility Act, tougher compliance norms — State Govts going slow on bond issues this year

Karnataka Bank customers' meet

Indian Bank opens ATMs in Hyderabad

BoB traders' loan festival in Thiruvananthapuram

Basel document has many gaps: Experts

HSBC - Kochi branch organises `Helping Hands Mela'

HSBC's `Helping Hands Mela' in Hyderabad