VARINDIA IT MAGAZINE

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 dem...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Logica is looking to partner with the world's most innovative enterprises. It has kicked off its 2011 Global Innovation Venture Partner (GIVP) Programme to search for the company with the most innovative products and solutions. Now in its fourth year, the GIVP Programme is being driven from India on a macro level and invites nominations from across seven countries - UK, France, Netherlands, Sweden, Finland, Portugal and India. The nominated companies will be judged by a Logica panel who will select a country winner. Country winners will then present before the global panel, competing to be the Global Winner of the GIVP Programme. The Global Winner will be able to work with Logica to take their solutions to Logica's clients as part of a larger value offering. It will get access to Logica's global sales resources, go-to-market support and opportunities to engage with client organizations where appropriate. Speaking about the compe...