India-based UCO Bank has selected Xchanging, a UK-based provider of processing services to the banking and insurance industries, to implement mission critical disaster recovery solution for its financial telecommunication infrastructure.
Xchanging has said that it will enable UCO Bank to integrate near real-time databases, payments, and transactions over its SWIFT payment gateway with the bank’s existing disaster recovery infrastructure.
Xchanging EastNets’ implementation compliance and payment solution conforms to international banking benchmarks. The solution will provide a secure environment for duplication detection, and recoverability of high volume messaging traffic.
The scope of the implementation also includes back-up of foreign exchange payments and telecommunications platform.
Nimish Soni, managing director for Xchanging India, said: “Xchanging has been supporting UCO Bank since 2004 as a SWIFT Partner. Xchanging’s mission critical solution will allow UCO Bank to streamline its back-up and recovery practices and derive increased operational efficiencies.
“In the event of any hardware failure, human error, file system corruption or disaster, our solution will help the bank to restart operations without any delay in switching to the back-up system.”