i-exceed–Armoured for a Challenging Tomorrow

S. Sundararajan, i-exceed
S. Sundararajan, Executive Director, i-exceed

The banking and finance industry is undergoing a dramatic digital evolution owing to factors such as heightened customer expectations, changing preferences, need for risk mitigation, cost optimisation and several others. Technology is becoming pervasive and for maintaining the relevance in this rapidly transforming scenario brands too are beholding the change, says S. Sundararajan, Executive Director, i-exceed, in conversation with Rashi Aditi Ghosh of Elets News Network (ENN).

  1. Give us an overview of your products and services.


i-exceed is a FinTech company with offices in India, Singapore, United Arab Emirates, and the United States. Appzillon, our flagship offering includes Appzillon Digital Banking and Appzillon Digital Platform.

i-exceed powers rapid digital transformation for over 50 customers worldwide and that includes several tier 1 financial institutions. Some of our customers include DBS, Mashreq, India Post, Canara Bank, Andhra Bank, Karnataka Bank, Vijaya Bank, Ujjivan Small Finance Bank, and Equitas Small Finance Bank.

i-exceed’s flagship product Appzillon consists of the following-

  • Appzillon Digital Banking

Appzillon Digital Banking is a suite of pre-built omni-channel solutions that are designed to deliver consistent experiences to all customer touch points. The solutions cover three business lines self-service, assisted service, and internal operations and address retail banking, corporate banking, customer onboarding, branch banking, agency banking, management dashboards, relationship management, and operation workflows.

  • Application Development Platform

Appzillon Development Platform is an award-winning low-code development platform. Built on open technologies, the platform facilitates rapid application development while ensuring future readiness at all times. The micro app-based architecture of the platform ensures reusability and agility in the application development process while other aspects such as automated development, automated testing, and template driven development ensure that digital transformation initiatives are realised quickly and cost-effectively.  Newly introduced features such as micro-app repository and customiser help business users to build and customise apps on the fly.

  1. i-exceed has recently powered Canara Bank’s fully digital banking branch CANDI. Tell us about this initiative and the motive behind its launch.

 CANDI is Canara Bank’s first fully digital banking branch in Bengaluru and the first of its kind in India. Appzillon was used to build and deliver the customer touch points deployed at the branch. CANDI provides customers with a cutting edge and hassle-free digital banking experience. With just their Aadhaar card, an individual can open a new bank account in a few minutes with mobile and internet banking services activated almost instantaneously. The individual is authenticated using biometric authentication, iris scan, or an OTP. At the end of the onboarding process, the customer receives their bank card (Master, Visa, or Rupay) customised with an image of their choice.

The motive behind this initiative was – offer customers a truly digital branch experience. While in theory, there have been previous attempts at a digital branch, all of them involved some steps that required a customer to visit a branch or wait for a couple of days to get several banking services activated. At CANDI, one could say that the account opening process in instantaneous.

  1. Your brand has been associated with various Non-Banking Financial Companies (NBFCs). How are you powering the growth of this segment?

The Government of India is aggressively pushing the idea of financial inclusion and NBFCs in the country are focusing on rapid digital transformation to cater to a wider target audience. Appzillon is helping these institutions in the rapid development and deployment of digital assets.  Appzillon based solutions help field agents to lend small amounts, onboard customers and initiate several other transactions with just a few clicks of their handheld device.

  1. Digital innovations are driving the banking sector of India towards a paradigm shift. What are the measures taken by your brand to boost this drive?

 While technology is becoming all-pervasive across industries, the BFSI industry is undergoing a dramatic digital evolution owing to factors such as heightened customer expectations, changing preferences, need for risk mitigation, cost optimisation etc. Additionally, the government’s Digital India initiative and the push towards a cashless economy have resulted in financial institutions moving from legacy workflows to newer technologies based on mobile-first strategies, IoT, cloud computing, artificial intelligence (AI), blockchains, and so on.

i-exceed is present right at the centre of all this change. Appzillon understands the challenges enterprises face during digital transformation and addresses the same with an agile and reusable methodology towards developing digital assets. Some of the unique aspects of Appzillon’s automated development approach reduces development effort and ensures cost effectiveness. Our flagship offering, Appzillon Digital Banking leverages our three-decade long experience in developing banking solutions.

  1. i-exceed is a global brand and has offices across India, Singapore, UAE, and the United States. How do you assess the banking sector in India as compared to global benchmark?

The Government’s strong advocacy for financial inclusion and a cashless economy are fundamentally changing the way Indians bank. While these might not be a global first, the pace at which these changes are shaping up the sector is aggressively fast. Considering the sheer size of the democracy we are in, it would be right to say that the Indian banking sector is easily one of the most dynamic ones out there.


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