MUMBAI: Customers of the erstwhile Vijaya Bank, which along with Dena Bank had merged into Bank of Baroda last year, can now avail all the products and services of Bank of Baroda with the technology integration being completed. Accenture, which is helping Bank of Baroda has said that the process of data migration, application and data centre consolidation is complete for Vijaya Bank and is in progress for Dena Bank.
Bringing all customers on a common IT platform is part of the post-merger integration of the first three-way merger of public sector banks in India. Accenture helped to develop the blueprint for consolidating the IT systems of the three banks and is overseeing the execution of the technology integration strategy, which includes data migration, application and data center consolidation, as well as business continuity management.
“With the completion of the Vijaya Bank migration, around 21 million customers from across 1,900+ Vijaya Bank branches have been seamlessly migrated to Bank of Baroda. The migration was executed remotely during the ongoing pandemic with no impact on business continuity,” a statement issued by the bank said.
“The integrated technology architecture gives former Vijaya Bank customers the ability to opt for Bank of Baroda’s entire suite of offerings, while continuing to use their existing payment instruments until further notice,” said Sharad Saxena, chief technology officer, Bank of Baroda.
In 2018, Bank of Baroda collaborated with Accenture to develop and maintain an Analytics Center of Excellence (ACoE) – a software platform with a central data repository that can store up to a petabyte (a million gigabytes) of company data, and is powered by leading data technologies and techniques such as predictive analytics.