Montran collaborated with elets at the 9th BFSI Leadership Summit 2024 held at Hotel Lalit, Mumbai. The summit was a convergence of visionary minds, insightful sessions, and productive networking. It was a pleasure to engage with delegates at our stall and showcase our comprehensive solutions for the banking sector. The panel discussions provided deep insights into the latest industry trends.

Our COO Mr. Nitin Nagarkatte presented a session on “Pioneering the Digital Shift – Decoding the Core”. With the exponential growth in digital transactions over the past decade, banking platforms characterized by scalability, stability, and security, is the need of the hour. High-volume, real-time banking environments necessitate streamlined processes and optimized workflows, which can be hindered by legacy infrastructure reliant on manual intervention. Customization of existing systems to meet diverse customer needs can be challenging, owing to legacy systems, regulatory constraints, and the need for interoperability across banking platforms. Limitations with core systems hinder their ability to keep pace with the evolving financial landscape.

Nitin spoke about Montran’s future-ready Transaction Processing Hub solution that is built around the concept of ‘Hollow the Core’. The strategy involves delinking components of the core banking system and integrating them into a payment hub. This system can help enhance financial businesses’ operational efficiency, offering better scalability and adaptability to evolving market needs. Implementation of such a platform can streamline operations and improve agility, enabling integration of new technologies without overhauling legacy systems.

A proud moment of the evening was receiving the BFSI Leadership award in the Most Innovative Fintech Product category for our Intraday Liquidity Management solution. This accolade highlights our commitment to driving innovation in Fintech.