Axis Capital Limited is a wholly-owned subsidiary of Axis Bank, one of India’s largest private sector banks has joined hands with Cisco HyperFlex for streamlining its data operations.
Axis Capital Limited (Erstwhile ENAM Securities Private Limited) that is focused on offering customised solutions in the areas of Investment Banking and Institutional Equities collaborated with Cisco HyperFlex solution as the later is ideal for a multi-cloud environment and can power applications anywhere without any additional manpower. And this was exactly what Axis Capital Limited needed.
Need of the hour: Seamless operations through simplicity
Axis Capital Limited needed a solution that could quickly integrate with its existing infrastructure and simplify data centre operations. It needed to streamline its architecture, optimise operational expenses, and deliver better ROI, as soon as possible.
“Although the presence of our own data centre simplified business processes, we struggled to keep pace with rapid business transitions. The ever-growing need for agility in business demanded an increase in IT agility too,” said Shankar Gawade, VP & Head of IT – Axis Capital Limited.
Why did Axis Capital collaborate with Cisco HyperFlex?
Axis Capital Limited owned its data centre with a fully virtual environment. But with rapid business growth, IT agility became a problem. To match the speed of its business, it needed a scalable IT infrastructure with sufficient storage and optimum operational efficiency.
The company had to do the virtualisation of the data centre keeping the high maintenance costs and inefficiencies were adding complexities to the business.
With Cisco HyperFlex, business performance improved and operations became more flexible and less complex in Axis Capital. They can now manage current and old infrastructure from a single dashboard. From application placement to application performance monitoring to cloud mobility, Cisco HyperFlex provided Axis Capital Limited with all tools necessary.
Into a simpler future
Today, Axis Capital Limited can procure IT infrastructure when it needs, instead of having to buy it. Its data centers can be managed from a single dashboard with minimal manpower. And IT budgets have been made stable and simple with the hyper-convergence infrastructure that Cisco HyperFlex delivers
“After carefully evaluating several available technologies, we chose Hyper-Converged Infrastructure It brought stability and simplicity, and we were able to procure advanced and flexible IT infrastructure whenever required,” said Shankar Gawade, VP & Head of IT, Axis Capital Limited.
Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/
