Private lender RBL Bank has entered into a strategic partnership with IT giant Accenture in a bid to accelerate its digital transformation journey and enhance the future readiness powered by information technology (IT) systems. The alliance will be helping the bank to offer next-generation banking services, enhance the scalability and resilience of its systems and business processes, and improve its operational efficiency.
As a part of this partnership, Accenture will be providing managed services and help RBL Bank in modernizing and consolidating its large and disparate applications environment. This will also help in streamlining and automating key business processes namely finance and compliance, human resources and sales.
Further, Accenture will creating a flexible and more responsive technology backbone for lender with the help of its expertise in DevOps and Agile working methodology to enable the constant roll-out of enhanced digital capabilities and long-term system improvements while helping the bank to manage IT costs more effectively.
Sankarson Banerjee, RBL Bank’s CIO said, “RBL Bank’s engagement with Accenture is designed to achieve strategic outcomes that support our vision of being a futuristic, digital bank. In collaboration with Accenture, we aim to create an even more agile organization with a robust culture of innovation.”
Piyush N. Singh, India Market Unit Lead and Lead – Growth and Strategic Client Relationships, Asia Pacific and Latam, Accenture said, “The banking industry is going through unprecedented disruption, and we believe that digital-native structures will be key drivers of future growth. We look forward to using our deep banking industry knowledge and digital capabilities to support RBL Bank in its journey to becoming a truly digital bank.”