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Home Breaking

Canara Bank partners with Kyndryl to transform IT operations

Jharkhand Story by Jharkhand Story
18 January 2024
in Breaking, Industries & Mining
Canara Bank

Image: Current Affairs- Adda247

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Bengaluru, Jan 18: The largest IT infrastructure services provider in the world, Kyndryl, announced today that it has partnered with Canara Bank, one of the biggest public sector banks in India, to modernize the bank’s IT infrastructure and enhance its business services and operations.

Kyndryl, as the recognized IT partner for Canara Bank, will enhance the bank’s complete IT operations and simplify service delivery in core banking, IT infrastructure, applications, and network operations.

Kyndryl’s solution will give Canara Bank a comprehensive understanding of all of its business services, mitigate risk with cutting-edge tools and capabilities, and prioritize service availability while boosting observability and reliability. Canara Bank will be able to improve its customer service experience because of this.

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In order to give staff members a consolidated view of Canara Bank’s key performance indicators, tools dashboard, and knowledge repositories, Kyndryl will also implement a unified digital IT services dashboard.

In order to develop highly developed preventative and predictive intelligence capabilities, Kyndryl will put a number of cutting-edge methods into practice. This will increase application availability, minimize maintenance durations, and aid in incident reduction through auto-remediation.

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The platform will be enhanced to identify and address abnormalities and IT failures in the bank’s infrastructure, as well as to deliver data-driven insights like outage forecasts that will strengthen the bank’s command over its vital business processes.

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Tags: Canara BankIT operationsKyndryl
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