Logica Q-NG launched

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Logica has launched 'Logica Q-NG'- a comprehensive solution to ease the complexities that banks deal with multiple and disparate systems. It is based on Logica HUT model of payments that is capable of processing tens of millions of transactions per hour.

Logica Q-NG enables the processing of every payment type, both current and future, using the most optimal routing and processing methodology. Because of its hub based framework, minimal effort is said to be required in setting up new payment types which can then be easily integrated into the system.

GBS Bindra, Global Director - Innovation & Managing Director - Logica India said, "The payment ecosystem is evolving rapidly and banks need robust systems in place that can deal with growing volume and complexities. Logica Q-NG is such an innovation that not only addresses the complexities of Indian Payment landscape but also possesses capability of responding faster to client demands."


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www.varindia.com

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