Thursday, July 31, 2008

Banking on this potent Nucleus

With over 2,000 employees providing solutions to the BIFS sector, the HR at Nucleus helps to align the intellectual capital with the company’s growth By sachin bharel

Remember when you last saw a typewriter being used in an office for typing those long boring official documents? Don’t scratch your head, for the once ‘ubiquitous’ typewriter no longer adds to the glory of the offices of the corporate world. Reams & reams of epitaphs have been written on the demise of the typewriters after the advent of the best & latest technology (read computers) that delivered at the speed of light. Technology has completely revolutionised the way work is done, in offices as well as at home. Be it in retail (with RFID technology) or FMCG (with supply chain management) or for that matter in banking (with Internet & mobile banking) (at home and at office), it is mastery over technology that has taken these sunrise sectors to a much superior level.

Rather than being caught at the backfoot, the Indian Banking sector, for one has used technology to its best advantage. So, gone are the days of standing in long queues to get a check cleared or for cash withdrawal or for paying your daily utility bills. With Internet & mobile banking, even long-haul transactions are now done in mere seconds. And all this has been possible with the development of key banking software products that caters to the technology needs of the banking & financial services. Nucleus Software Exports Limited is one such company that has been a frontrunner in providing software solutions to the banking & financial services industry. From retail banking to corporate banking, cash management, trade finance, Internet banking and credit cards, the company provides software solutions to the entire banking value chain, not only in India but globally in countries like US, UK, Australia, Japan, UAE and many more. Nucleus Software boasts of over 150 customers in more than 100 countries. With manpower of over 2,000 people spread across the globe, the company attributes its success to its sound HR that has worked hand in hand to smoothen out the processes & systems and has aligned the intellectual capital to achieve the common goals. Speaking to 4Ps B&M, Ravi Verma, VP & Global Head-HR reveals, “Here the HR works proactively to meet the expectations of the employees. Once the old benchmark is over, the HR takes a step forward in understanding the new expectations of its people. It needs to be more in sync with the needs of the employees and contribute to the growth of the organisation.”

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Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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