Technology is changing how banks function in today's digital environment, from data migration and cybersecurity to mobile banking and fraud prevention. Institutions are now able to provide smooth, realtime services across a variety of channels due to developments in digital banking, core banking systems, and financial technology (FinTech). Banks can ensure compliance with constantly changing regulatory demands while stream lining processes, cutting costs, and improving user experience with these technologies.

Porselvi Software delivers comprehensive banking technology solutions, with a focus on Transact Core Banking and Infinity Internet Banking. The need to provide more reliable solutions stemmed from the realization that banks' existing fraud detection systems are ill-suited to combat social engineering and scams. The team of experts offers end-to-end services such as system migration, upgrades, implementation, and round-the-clock support to ensure peak performance.

In an exclusive interview with CIO Insider magazine, Thangaraj Ponnusamy & Gomathi Ponnusamy, Founder’s of Porselvi Software, discusses the organization's offerings, future roadmap for the organization, and much more.

Could you tell us about the journey of Porselvi Software since its inception and how it has grown so far?

Porselvi Software has grown steadily from its founding in February 2013 and official registration in February 2014. Over the past 11 years, we have

broadened our services to become a compre-hensive provider of IT solutions, after initially concentrating on the Fin-Tech industry. We have put in a great deal of effort to increase productivity and lower maintenance costs for both online and core banking systems to become the top supplier in the Transact/Infinity space. Our group of experts provides excellent assistance and puts essential banking processes in place in accordance with global norms. Today, we are pleased to provide dependable and effective IT solutions to credit unions, financial institutions, and microfinance institutions across the globe.

the latest technology trends you have incorporated in your solutions?

We consistently develop and adjust to the most recent market developments to maintain our technological leadership. Our proficiency in Transact and Infinity enables us to use state-of-the art core banking, migration, and upgrade solutions. We can guarantee that our clients' systems are adaptable, scalable, and prepared for the future by using Service-Oriented Architecture (SOA. We also make use of real-time system integration, optimize performance monitoring, and employ cutting-edge data migration tools. We are actively adopting cloud technologies, providing flexibility through hybrid deployment models, and improving mobile and online capabilities to enable digital banking to remain competitive.

Apart from these, we also make investments in cybersecurity, putting in place preventative fraud measures to safeguard our clients' whole digital experience. Our solutions lower false positives and guarantee safe and easy banking operations by using the most recent developments in AI and predictive analytics.

How is the team built and what is the level of expertise they bring to the table?

In addition to over 50 years of expertise in banking product development, imple mentation, testing, training, and support, the founders bring over 25 years of IT and banking experience to the table. We also have a team of ethical hackers that are cyber-security professionals. Our group provides cutting-edge services that guarantee our clients are safe and well-supported.

What is the next chapter planned for Porselvi Software?

Our next chapter will focus on growing our capabilities and reach while adhering to our mission of providing cutting-edge solutions. Our priorities will be to expand our FinTech, AgriTech, and Healthcare domain expertise and to fortify our cybersecurity and digital solutions capabilities. We are eager to reach new benchmarks, provide more value, and maintain our clients' faith in us as we go.