Financial software solutions chennai floods

The recent chennai floods brought to sharp focus the importance of planning for business continuity, irrespective of business size. Fss financial software and systems is a global leader in payments technology and transaction processing, offering business value in the areas of electronic payment, financial transaction processing solutions and services. Ayoka is a trusted provider of financial software development services throughout north texas. The indian cabhailing service, owned by ani technologies pvt. Sagitec solutions is building homes for chennai flood victims. Financial software solutions jobs in chennai, tamil nadu. Ltd, accenture india, tata consultancy services ltd tcs, cognizant technology services and others have. About stellar financial stellar technology solutions. Fe knowledge desk explains each of these and more in detail at financial express explained. Safe software core banking solutions banking and finance. Top 10 banking software companies topteny magazine. Financial software and systems private limited company. Fss customers include banks, central regulators, governments, financial.

As the city grew, it occupied most of the water bodies. Fss financial software and systems is a global leader in payments technology and transaction processing, offering business value in the areas of electronic payment, financial transaction processing solutions and. Chennai floods may cause financial losses of over rs15,000 crore. Moreover, insurance claims for damage to property, automobiles and other goods following the devastating floods in tamil nadu could rise to well over rs 1,000 crore, general insurance companies estimate. Basic features of this system not only includes all the modules of accounting software like accounts payable, accounts receivable, ledger, reporting modules and payroll but also to explore alternative investment choices and calculate. Common people suffer huge financial loss in chennai floods. Chennai floods 2015 and possible solutions from developed. We want to gather civil engineers and other likeminded people to be a part of them team and find the best solutions. The state, which had witnessed extreme flood situations in chennai last. Firstly, they gave system and asked to write talent rank test that consists of aptitude for 35 years,sql and java as well. Sep 20, 2016 floods are the most common natural disaster in the united states.

With chennai seeing its worst rainfall in 100 years, we take a look at what caused it, what the impact is, whats being done and what chief minister jayalalithaa has to do. Blockchain deployment in financial services is at least three. Moreover, insurance claims for damage to property, automobiles and other goods following the devastating floods in tamil nadu could rise to well over rs 1,000 crore, general insurance companies. Tekclan software solutions private limited financial.

As an ongoing process, ssmg software solutions is developing new expertise and creating new. I always look for opportunities to help people in need, says parimala, the location management executive for ibm in hyderabad. Disaster recovery dr is a part of business continuity planning that deals specifically with restoring it systems, including data, critical software and hardware to run the business. Instant payments, realtime payments, merchant acquiring, pos solutions. It companies in chennai have long had a policy centred around byod bring your own device such as laptops. After the recent floods, most chennaites have undergone the experience of living in an unplanned city. Peris mobility solutions tablet, pos and mobile applications help you seamlessly bridge the gap between the field and the office increasing. Rms solutions help insurers, financial markets, corporations, and public agencies. Tekclan software solutions private limited is an unlisted private company. The recent images of the flooding in chennai on social media were scary and show us how badly our cities are messed up.

Watch videos, top stories and articles on chennai floods at. Chennai floods affect plans to launch new iip series in june 04 feb, 2016, 09. As a financial journalist, his interface with the two. Ridehailing company ola deploys boats to help in chennai floods. The severe flooding in chennai again proves that indias cities are unprepared for extreme weather events like rains, droughts and cyclonic storms which are becoming more frequent and intense. Muirwood stressed that the protection gap in india must be closed. The torrential rains and floods not only swamped chennai and its suburbs but also turned upside down the lives of millions who have suffered huge financial loss and costs, residents said.

Chennai flood 2015, the disaster, the challenges and the solutions. Jayam solutions loan management system, microfinance. While rain waters did cause flooding, the unexpected and extremely swift water level raise came from the opening of the biggest lake in chennai in the middle of the night. Financial software and systems fss is a leading global payment systems company, offering business value in the areas of electronic payment, financial transaction processing solutions. Ramesh says that he was optimistic others would join in to help. Chennai floods the latest news about chennai floods from the wsj india real time blog. Incorporated in the year 2006 under the laws of india, we provide extended support services to our associate companies of the uae exchange group.

The chennai floods were a very sad situation and i could not help myself assisting them in their time of need. Essay on chennai flash floods india disaster management. Biggest asian software exporter drops as floods dent revenue. Mar 19, 2020 financial software and systems private limited is a private incorporated on 20 february 1991. It is classified as nongovt company and is registered at registrar of companies, chennai.

The august floods marked that states second flood incident of the year that caused more than a billion in damage. New flood risk model for india to reduce financial losses. Financial reports services providers in chennai, tamil nadu. Software exporters have invoked business continuity plans, which in tech parlance is an intimation to the companys other centres across the country to lend a hand to projects handled from chennai. Chennai flood 2015, the disaster, the challenges and the. Ibm in india, ibm teams respond in flooding disaster.

Waterstarved chennai it corridor turns to byop to tackle. Chennai floods, urban flood management, thames barrier, smart tunnel, retarding basin. Enhance your solution with sapiens professional services. Dec 30, 2015 chennai flood 2015, the disaster, the challenges and the solutions. Mphasis it firm mphasis has said its margins will take a hit of up to 120 basis points in the december quarter owing to recent floods in chennai.

In a sector that is tightly regulated and targeted by unceasing hacking attempts, its essential to partner with experts in the field of financial technology to protect it assets. This vast repertoire of knowledge ssmg software solutions has developed ssmg software solutions areas of excellence in the banking and financial domain. It firms hcl, tcs, wipro close offices, arrange employee accommodation tamil nadu has seen the heaviest rainfall in more than a century, causing massive flooding and the national weather office says the state will see no respite from the downpours for the next three days. Huge financial loss, costs for common people in chennai floods. In response, ibm deployed sahanathe open source software from sahana. Fss offers mobile banking, mobile payment, mobile commerce and mobile wallet solutions on a payperuse model. Even during the chennai floods cams was able to actually work and deliver. It firms hcl, tcs, wipro close offices, arrange employee accommodation 02 dec, 2015, 01.

Address, contact numbers, contact details of cio, chief finance officer cfo, hr head, sales head, purchase head, admin head, marketing head or manager also available. Software companies offices flood in chennai countries top software firms such as infosys, cognizant, tcs, accenture are going through emergency situations, shutting down offices. Financial software and systems fss is a leading global payment systems company, offering business value in the areas of electronic payment, financial transaction processing solutions and services. Dineplan encompasses the complete operation of a restaurant through monitoring and management of sale, production and service points. Local officials described the flooding in chennai, a coastal city, capital and metro area with a population of over 8 million people, as the worst in a century.

Dec 08, 2015 some observations and conclusions are made. Financial software or financial system software is special application software that records all the financial activity within a business organization. It was incorporated on 15 march, 2018 and is located in chennai, tamil nadu. Sipcot it park information technology located in siruseri, along the it corridor, chennai. In the aftermath of the floods, apart from direct financial losses amounting to. How bcp drills helped cams keep business operations afloat.

Financial software service provider fis has said around 2. There were, of course, hundreds of images, as everyone turned newsmen and captured the agony and pain of hundreds of chennai. Bnp paribas india solutions, is a wholly owned subsidiary of bnp paribas sa, a leading bank in europe with an international reach. The solution can show water flow at current and projected rates. Stellars suite of software and services, iphi, provides a fully integrated suite of applications to address the core needs of modern philanthropies. Commenting on events such as the 2001 gujarat earthquake, the 2005 mumbai floods and those in chennai last year, dr. With two delivery centers located in mumbai and chennai, we are a 24x7 global delivery center. The company specializes in issuance, omnichannel acquiring, switching and payment processing. Floods in tamil nadu the heaviest rainfall in over a century caused widespread flooding across the southern indian state of tamil nadu, driving thousands of people from their homes, shutting down factories and paralysing the airport in state capital chennai. Get contact details and address of financial reports services firms and companies in chennai. Sipcot it park information technology located in siruseri, along the it corridor, chennai, india. We are experts in diverse areas of mfis, erp, scm and crm, we intend to be a one stop solution for all your software needs. It firms hcl, tcs, wipro close offices, arrange employee accommodation.

In the wake of louisianas significant losses, take time to check whether. A view of the flood affected area behind cognizant technology solutions office in thoraipakkam shaju john. Chennai auto, it firms suspend operations in the face of floods. Sciencesoft has been providing custom and platformbased it solutions for banks and financial companies. Assisting in what was called the worst flooding in a century, two of ibms best. Alphind software solutions was established in 2011. Senior software engineer, software engineer, analyst and more. Therefore the responsible authorities should provide timely and reliable flood warning, flood. Disaster recovery lessons learnt from chennai floods. With estimates of damages and losses ranging from nearly.

It is designed for various types of establishments. Advance your career at one of the fastestgrowing companies in the payments domain. Lack of interoperability standards will prevent fullfledged blockchain deployment across financial services industries for at least three years, glob. General insurance companies are likely to receive claims worth around rs 200 crore from the owners of eight corporate jets that have been partly damaged by recent floods in tamil nadu. Financial software and systems private limited is a private incorporated on 20 february 1991. We are an upsurging it enterprise solution provider for product engineering services and platforms. Coastal cities, namely chennai, mumbai, mangalore, who. And we have discussed in detail about the urban flood management strategies which have been implemented in various developed countries such as uk, malaysia, australia and japan. Disaster recovery lessons learnt from chennai floods express. Unique analysis and insights from the wall street journal and dow jones newswires on the daily news in the.

Financial software solutions jobs in chennai, tamil nadu april 2020. Rms helps financial institutions and public agencies understand, quantify, and. About stellar technology solutions stellar technology solutions is a leading provider of integrated enterprise level philanthropic management solutions for charitable organizations. Chennai, the biggest industrial and commercial center in south india, was officially declared a disaster area on. A similar exercise was necessary on the chennai floods of 2015 to ensure that the vast amount of information and data put up on public domain during and immediately after the event was not lost. Tamil nadu has seen the heaviest rainfall in more than a century, causing massive flooding and the national weather office says the state will see no respite from the downpours for the next three days. Chennai floods to impact margins by 100120 bps in q3. We specialize in seamless integration of software services, as well as technology and industrial management capacity to meet the needs arising from social transformation, new life styles for individuals and value creation for the ensuing society. This is an initiation to go further and make chennai a floodproof city in the future. Peris software suite includes standard software products for asset management, document management, etc, in addition to customized erp solutions, web application development and website design.

Every city needs to be prepared for such incidents. Tweet this the auto industry contributes 40% to indias manufacturing sector. They affected the coromandel coast region of the south indian states of tamil nadu and andhra pradesh. Safe software and integrated solutions is a core banking software solution provider in india with over 20 years experience delivering several banking and fintech solutions. In india, ibm teams respond in flooding disaster ibm. A strong disaster response team needs to be set up at a local level.

Sciencesoft is a usheadquartered software development and consulting company with 500 it professionals located internationally. A group of civil and structural engineers give probable solutions and talk about the lessons learnt from the chennai floods. Chennai auto, it firms suspend operations in the face of floods initial estimates suggest that the financial losses from the torrential rains and floods in tamil nadu may exceed rs 15,000 cr. Jan 12, 2016 teaneck, new jerseybased cognizant technology solutions corp. Sagitec solutions, which has an office in chennai, could not sit idle while the city grappled to rebuild. The chennai floods were a very sad situation and i could not help myself assisting. Its effectiveness depends on the level of preparedness and correct response. Xm software solutions private limited, aims to deliver business excellence, supported through a complete suite of shared services. We focused especially serving best website designing and seo services in lucknow, india1. Now, in response to a severe water crisis that has the city and its. This is an initiation to go further and make chennai a flood proof city in the future. T2s software solutions private limited is a private incorporated on january 2016.

The 2015 south india floods resulted from heavy rainfall generated by the annual northeast monsoon in novemberdecember 2015. Fss committed to building robust payment systemsfinancial software and systems fss is a leading global payment systems company, offering business value in the areas of electronic payment, financial transaction processing solutions and services. See who you know at fss, leverage your professional network, and get hired. The chennai area is home to a number of automobile manufacturers and it companies, many of whom were impacted by the floods and have incurred substantial losses. The company has three directors kadhambari, muthurajan arunachalam, and others. Ssmg software solutions is a service provider of banking and financial solutions. Insurers, reinsurers, trading companies, and other financial institutions trust rms solutions to better understand and manage the risks of natural and humanmade catastrophes, including hurricanes, earthquakes, floods, terrorism, and pandemics. Best practices on flood prevention, protection and mitigation 3 flood forecasting and warning is a prerequisite for successful mitigation of flood damage. Chennai floods india manufacturing automobile industry ford hyundai ren. The financial consequences of the floods are anticipated to total between gbp 840m and gbp 1.