HOW OUR SD-WAN HELPING BANKS AND INSURANCE PROVIDERS
Shaiju K Raman
Chief Executive Officer | Aintree Tech Solutions Pvt Ltd | Co-founder, Connect4Sure Technologies Pvt Ltd | Director, Kalkuzhipparambil Nidhi Ltd | Technology & Business Leader
While managing WAN application traffic flow in organizations with a limited number of offices is challenging enough, businesses such as banking, insurance, travel and others customer facing organizations may have hundreds or thousands of branches that must share and manage information over the network.
These challenges are compounded by the large size and complexity of meshed networks coupled with the (typically) small size of the central IT team and the fact that small office sites often can’t justify having dedicated equipment on them. In such cases, network managers have often wondered whether properly managing applications on a large branch network is possible or just a dream.
The network performance truly drives the customer service experience: ATMs, payment cards, online banking, mobile banking, in-bank customer interactions and internal business applications all require on-demand network access and fast application response times. The exploding volume and types of network traffic in retail banking can slow services, causing customers to take their business elsewhere.
- Banks lose 20% of their customers due to poor customer service
- 48% of customers that plan to change their bank do so for poor service quality reasons
- INR 5000 to INR 10,000 is the cost of customer acquisition in retail banking
- INR 150K is the average IT cost per employee per year.
How ?
- Cost-efficiently deliver business applications to many distributed sites (Local agencies, Branch-Offices)?
- Protect Business Critical Applications against traffic Guest-WIFI rising traffic?
- Easily and quickly update the rules to manage Internet offload and direct connectivity to cloud application across your WAN links (hybrid networks)?
Lavelle SD WAN ,Banks can achieve your core business aspiration, be more productive and maximize your aggressiveness while reducing your costs
- Easily move to the cloud using SaaS applications like, Microsoft Office 365, Microsoft Lync, Google Apps, Salesforce.com
- Reduce the time customers must wait in checkout lines;
- Align your IT with your business objectives
- Easily roll out new applications like guest wi-fi, rich video content, interactive kiosks
- Enable end-users of business-critical systems to be more productive.
- Easily allow your network to absorb new applications
When your network function, so does your banking & financial business!
Major insurance providers and retail banks use LAVELLE SD-WAN to improve employees’ productivity and company aggressive while improve network resources and costs.