Juniper and Muthoot Group becomes Strategic Network Partner
Juniper Networks has been selected by Muthoot Group as its strategic network partner. Muthoot Group has deployed Juniper Networks SRX Series Services Gateways and EX Series Ethernet Switches at its data centers and branch offices across India. To address the dual challenge of maintaining profitable growth while remaining competitive, Muthoot Group has developed a customized core banking application to streamline the delivery of standardized service offerings across thousands of branch offices via a robust and secure IP network.
"To maintain the number one position in the market and future-proof our rapidly-growing branch network, we required a mission-critical, robust and scalable network. Juniper Networks branch and data center network solutions were clearly the best to address our business and technical challenges. As security is extremely important, we need to be able to secure transactions across branches and deploy IP-based camera surveillance to prevent fraud. With Juniper's solutions in place, we are now well positioned to deliver customer service excellence while continuing on our rapid growth path," said George Alexander, Managing Director, Muthoot Group.
"The new Muthoot Group branch network is a showcase for Juniper Networks SRX Series and EX Series, which integrate essential capabilities that connect, secure and manage workforce locations from branch offices to the data center. With high-performance routing, switching, wireless and security applications and capabilities consolidated into a single device, Muthoot Group will be able to deliver streamlined services to millions of its customers economically and securely," said Ravi Chauhan, Managing Director India and SAARC, Juniper Network.
The new network enables Muthoot Group to guarantee its 20 million customers that their loan applications will be processed in a matter of minutes, delivering a level of service competitors find hard to match.
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