Karnataka Bank is celebrating its centenary while leveraging the power of Nutanix’s Cloud Platform to manage essential business applications. This technology supports cloud-native services like mobile banking, loan management, and even a digital currency application mandated by the Reserve Bank of India. The bank values quick deployment and easy updates for its digital-savvy customers. CIO Venkat Krishnan emphasizes how Nutanix’s support for Kubernetes allows them to deliver necessary applications efficiently. Furthermore, the bank’s setup includes backup systems in a second on-premise data center, ensuring continued service during unexpected disruptions. This partnership showcases how financial institutions can utilize Nutanix for reliable cloud-native application management across various environments.
Karnataka Bank Embraces Cloud Technology for Enhanced Services
Karnataka Bank is celebrating a major technological leap by running all its essential business applications on Nutanix’s Cloud Platform (NCP). This move supports Kubernetes, enhancing the bank’s customer-facing services in an increasingly digital world.
With NCP, Karnataka Bank offers a range of services, including mobile and internet banking, loan management, and fraud risk management. The platform also supports a cloud-native digital currency application mandated by the Reserve Bank of India, demonstrating the bank’s commitment to innovation.
Venkat Krishnan, the bank’s CIO, emphasized the importance of meeting customers’ expectations, stating, “Our customers are digitally savvy, so we strive to roll out cloud-native applications that are user-friendly and consistently available.” He praised Nutanix for enabling swift deployment and integration of necessary applications.
Nutanix’s solutions also provide resilience, ensuring that Karnataka Bank’s applications remain operational during disasters. The setup in the bank’s secondary on-premise data center ensures continuity, minimizing the risk of service interruptions.
Faiz Shakir, Nutanix’s VP for Southern Asia, highlighted the collaboration’s significance, saying it showcases how financial institutions can deploy cloud-native applications seamlessly across different environments, whether in the cloud or on-premises.
As the banking sector continues to evolve, Karnataka Bank’s adoption of such advanced technology positions it well to meet future challenges and enhance customer experience.
Tags: Karnataka Bank, Nutanix, Cloud Technology, Kubernetes, Digital Banking, Financial Services
What is Nutanix, and why does Karnataka Bank use it?
Nutanix is a cloud computing platform that helps manage different applications efficiently. Karnataka Bank uses it to run all their critical business apps smoothly and securely, making it easier to handle banking tasks.
How does Nutanix improve performance for Karnataka Bank?
Nutanix improves performance by providing faster access to applications and data. It helps the bank manage workloads better, which means quicker service for customers.
Is Nutanix secure for handling banking information?
Yes, Nutanix has strong security features to protect sensitive banking data. This ensures that customer information stays safe from cyber threats.
What benefits does Nutanix offer to employees at Karnataka Bank?
Nutanix helps employees work more efficiently by allowing them to access applications and data easily. This enhances productivity and helps staff serve customers better.
Can other banks use Nutanix like Karnataka Bank?
Absolutely! Other banks can also adopt Nutanix to improve their operations. It is designed to be flexible and can fit the needs of various financial institutions.
