NASSCOM EMERGE Community breaks new ground with sales focused community platform for Emerging & Start-up Companies

emerge product showcaseThe NASSCOM EMERGE community takes a giant step forward in a new direction by organizing a forum for emerging companies offering innovative BFSI solutions to pitch directly to a Global Bank – Standard Chartered. This first of its kind Product Showcase will take place in Chennai on February 3rd  2010 and is a direct result of the NASSCOM EMERGE Product CIO Showcase held during the NASSCOM Product Conclave last year. The event is being jointly organized by NASSCOM and the CIO Association.

TechExpo 2010 – is a platform created by the bank for emerging technology companies to showcase their innovative technology and products.  The first of the series, TechExpo will prvoide these 12 companies an opportunity to present their offerings to Standard Chartered Bank’s Global Technology Leadership Team.

Some of the areas that the bank has shortlisted companies are in the area of enabling software for collaboration, productivity & in-context mobile customer experience, niche & emerging banking areas,  data security & biometric identity management & infrastructure optimization.

Around 60 companies applied for inclusion in the showcase, and 12 have been shortlisted. These 12 companies will get an opportunity to present their products and solutions for the bank’s internal and external users at Chennai on the 3rd of February.

The short-listed 12 companies would get the following:

The 12 short-listed companies for the EMERGE Product Showcase are mentioned below:

  1. Aviram networks Inc ( Holding company for Nevis Networks)Persistent Security for Bank’s Network – Multilayered Network Security Appliances (Hardware). Automated tool for Bank’s security policy implementation, provides policy Based Access Control based upon identity and logs every session made on network.
  2. Chella Software Private LimitedProduct – ActiveMargin Market Risk Assessment and Control. Real-time response capability and pre-deal risk control capability, allowing the application to used in the front office, rather than the middle office.
  3. Estel Technologies Pvt. Ltd - Estel M-Banking solution enables banked customers to access banking services securely from their mobile handset, both to seek account information & to perform financial transactions. The solution integrates seamlessly with existing banking & telecommunication infrastructure.
  4. Extensio Software (India) Pvt. Limited Extensio Symphony: A Multi-Channel Information Delivery Framework. It extracts information from multiple banking applications, assembles them as information services and delivers them to:  Mobile Users (SMS/ Mobile Browsers/ Smartphone J2ME application), Desktop Users (Microsoft Excel,/Desktop Gadgets) and Web Users (Browser/ Web 2.0 Style web widgets) Partner Applications (Scheduled and event based information exchange)
  5. Impetus Infotech India Private Limited Esprit – Social Media for Banking. The solution enables a social community of bank’s customers and employees, enabling the bank to connect with its customers through informal channels.
  6. iPath Technologies - iAllWaysInformation Mobility & Unified Communications . Indvidual-Centric Contextual Mobilization (ICCM) Platform. Information Mobility & Unified Communication.
  7. Kallos Solutions Pvt. LtdKServe Enterprise Applications using own Rapid development/ Delivery Platforms (www.KServe.net) KServe Foundation platform enables delivery with short time frames and low effort,  low support effort, maintenance and enhancement over the life cycle.
  8. Mobile Nirvana Technologies Pvt Ltd Next Generation Fraud Detection & prevention Mnirvana Next Gen fraud detection and prevention solution helps banks in proactively detecting the fraud possibility and take relevant action.The solution checks the proximity of transaction location (ATM,POS terminal, bank counter and others) with the end users mobile phone Location, if the proximity limit is breached than appropriate risk flag is raised and bank & user is cautioned about the probable fraud.
  9. NextBiT Computing Pvt. Ltd Virtual Computing / Remote PC Sharing Infrastructure The future of computing is the cloud. It helps bring down overall Capex, Ownership and Operational costs. This device and software allows you to move to green computing without affecting the performance of the access terminals.
  10. Posidex Technologies - PrimeMatch Data Quality System (PDQS) Identity Resolution and Data Quality Management. Product helps in Meeting the BASEL II compliance requirements and Detecting significant number of duplicate records, which would not have been able to discover using earlier solution. Processing bulk dedupe of millions of records consistently and periodically which was hitherto not considered possible was achieved with our solution with unimaginable speed and accuracy.
  11. Precision Group Biometric identity in Core Banking The basic benefit of biometric in a CBS system is that the user /employee accessing the system establishes that he/she is who he/she claims to be. In other words, knowing a fellow employee’s passwords will not be sufficient as has been the case till now.
  12. Solix Technologies Ltd - SOLIX Enterprise Data Management Suite. Solix offers a comprehensive suite of data management solutions for managing data holistically, accounting for compliance, cost, and security. With quantifiable improvement across the enterprise, organizations reduce risk, lower costs, and improve performance and operational efficiencies. Solution EDMS provides the data management framework for all enterprise applications and databases including: Database archiving,  Data Auditing, Secure Test and Development, Application Sunsetting and Migration

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Thanks for inviting SOLIX to present its innovation to the elegant SCB technology leadership team. We appreciate Nasscom’s sincere efforts in getting due recognition to the Indian product companies. Do let us know the audience feedback and interest to further explore our solutions and we will be happy to assist them.

Warm Regards,
Srini

Senior Manager-Presales and Alliances (APAC & ME)
SOLIX Technologies
http://www.solix.com

Kudos to Mr. Akshaya Gaur CIO Standard Chartered (along with Nasscom and CAI) who took the initiative to expose small but innovative companies to global CIO’s of the multinational.

The presenting companies were given stalls, and an opportunity to present to the global CIO think tank – a rare opportunity.

A number of internal personnel from the global shared services teams also leveraged this opportunity.

As a participating company we wish to appreciate the professional manner in which the same was conducted, and for the initiative taken to spend a whole day for this along.

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