Company: INFRASOFT TECHNOLOGIES LTD , MUMBAI, INDIA
Company Description: :InfrasoftTech is an integrated financial software solutions enterprise. We deliver ready-to-deploy software products, frameworks based solutions and specialized services. Our operations are spread over Americas, Europe, Middle East and Asia. We also have a growing partners community, providing us reach in over 30 countries.
Nomination Category: Products & Product Management Categories
Nomination Sub Category: Best Product Development Organization

Nomination Title: Infrasoft Technologies Ltd ; Best Product Development Organisation

   1. Tell the story about what this nominated organization/department achieved in the past year (up to 500 words). Focus on specific accomplishments, and relate these accomplishments to past performance or industry norms. Be sure to mention obstacles overcome, innovations or discoveries made, and outcomes:

          About OMNIEnterprise: Comprehensive Banking Solution

          Infrasoft Technologies Limited is one of the fastest growing software companies
          which is banking & finance industry focused. We have been proactive in
          discovering the needs of the global Banking & Finance industry and providing
          best of the breed solutions.

          OMNIEnterprise: Comprehensive Banking Solution caters to complex & varied needs
          of the financial institutions with full function automation of Retail, Trade
          Finance, e Channels Integration, Treasury, Investment Banking, Wealth
          Management, Islamic Finance & Anti Money Laundering Compliance.

          OMNIEnterprise: Comprehensive Banking Solution is one of the most unique
          products worldwide that can cater to a holistic automation need of a mid sized
          financial institution on a single technology backbone. This solution has
          undergone benchmarks at IBM competence centers and by Ernst & Young.
          OMNIEnterprise is one of the few enterprise wide STP and SOA driven n-tier
          architecture product that marries complete front-office mid-tier and back-
          office requirements of a financial institution.

          Modular components or the complete product of OMNIEnterprise has till date
          automated 6000 branches spread over 100 banks benefiting nearly 50,000 customer
          services & back office users and about 30 million customers of the financial
          industry clientele of the company across Asia, Africa, Europe & Americas.

          OMNIEnterprise: Comprehensive Banking Solution as been developed using 250
          person years invested in last five years to create an enterprise wide globally
          accepted banking solution.
          
          Development Process & Project Management: InfrasoftTech has developed a pro-
          active project management approach called: EvoQ – “Evolving Quality”. EvoQ
          follows a highly structured method that also accommodates innovation and
          business requirement changes using a unique incremental development process
          spread between various units in a global delivery model throughout the project
          life cycle.

          EvoQ reflects InfrasoftTech’s product building culture of undertaking
          Architecture Centric Incremental Development.  Using EvoQ, InfrasoftTech
          delivers unique benefits to the customer by building complex systems in shorter
          time frames, efficiently managing constant requirement changes as business
          processes get re-engineered.
          The company has  well established processes for gathering Stakeholder
          Requirements, Design, Technology Architecture (scalability-security-integration
          related) Development, Unit Testing, User Acceptance, Documentation, Deployment
          & Support.

          Market research:  At InfrasoftTech market research is a continuous phenomenon.
          Nearly 25% of the technical and business work force is allocated only on
          research projects. The organization works extensively with customers,
          consultants, trade platforms and others to build innovative solutions which
          strengthen the road map of building solutions for changing market conditions of
          the financial industry. The company has sharply focused teams that enrich
          business domain, product management and technology competency.

          Measurement: InfrasoftTech development facility is ISO 9001, ISO 27001 and SEI
          CMM 5 certified. The company has now applied for SEI CMMi assessment. Hence
          Performance Metrices are well defined on measuring people productivity,
          schedule deviation, defect density, functionality matching and engineering
          attributes. 

          Release & Version Management:  InfrasoftTech has matured release management and
          version control processes managed through use of technology tools that are
          global standards (tools from IBM, Rationale & Borland).The release management
          happens through a designated authority having a controlled access into release
          servers where compiled code is logged. The release note precedes a complete UAT
          cycle for the internal stakeholders. On version management the company follows
          a single unified global version which encompasses all base level processes (80%
          of the code). Unique customizations, reporting tools, integration tools,
          migration tools etc are maintained as a mirror image in both customer and
          InfrasoftTech facility.
          
          Participative Project Management: InfrasoftTech has a strong SEPG (Software
          Engineering & Process Group) to which all heads of development teams, process
          coaches and HR representatives are a member. SEPG meets weekly and discusses
          all on-going projects and shares data on problems encountered, new learnings,
          deviations and successes. All customers whose projects are ongoing, have
          transparent access to cycle plans of individual InfrasoftTech team members
          working on their projects.

   2. List hyperlinks to any online news stories, press releases, or other documents that support the claims made in the section above. IMPORTANT: Begin each link with http://, and enclose each link in square brackets; for example, [http://www.youraddress.com]:

          Press Release

          http://www.infrasofttech.com/Global/newsroom/varindia.htm

          http://www.infrasofttech.com/Global/newsroom/itnewsonline.htm

          http://www.infrasofttech.com/Global/newsroom/thanejanata.html

          http://www.infrasofttech.com/Global/newsroom/dqchannel.html

          http://www.infrasofttech.com/Global/newsroom/ibs.htm

          Hanuman Tripathi - Founder & CEO

          Hanuman Tripathi is 46 years and carries 25 years of experience in office
          automation, telecom & IT industry; of which last 15 years have been in
          financial industry software solutions. Tripathi is a Science graduate and
          carries a post graduate diploma in Marketing and a Masters degree in Management
          from one of the top 10 institutions in India. He is a member of several
          professional bodies and has contributed to form intellectual IT industry
          platforms like FIST (Foundation for Information Security and Technology),
          Bombay Technology CEO’s Club and the first ever e-Panchayat for Mumbai Police.
          Tripathi extensively participates as a speaker/ panelist in international
          symposiums on Anti- Money Laundering, Core Banking, Islamic Finance & Risk
          Management and also HR subjects; in the last 12 months he has spoken in finance
          industry platforms at NY, Berlin, Dubai, Bahrain, Mumbai, KL & Jakarta. Trips
          is an avid music lover and has successfully completed 2 half marathons (21Kms
          each) in last 2 years. He devotes his leisure time with nature, cookery and
          swimming.
          Mr. Tripathi had created the blue print of a niche organization focused on
          banking solutions that will grow on three tenets.
          1.           Creating high value of IPR for the financial institutions worldwide
          with which they would constantly be able to differentiate themselves.
          2.           An organization that would be known for its human values in which its
          people would always find their comfort, dreams met and aspirations delivered.
          3.           Will use the capital efficiently, using fewer resources for product
          development and deliver customer projects using smaller teams; thereby creating
          profits for its stakeholders and its customers all the time.
          Over the last 12 years, InfrasoftTech has undertaken product launches for new
          financial industry segments fairly regularly and has been a profitable and
          dividend paying company throughout. InfrasoftTech expanded its business from
          India to UK, US, Middle East & South East Asia in past 5 years, so much so that
          today more than 70% of the company’s business comes from its international
          offices. Lastly, InfrasoftTech is recognized for its HR policies, quality team,
          high training orientation and lower people attrition in comparison to the
          industry. These metrics are personally popularized and driven by the founder
          CEO, Hanuman Tripathi.