Sept. 27, 2012
Cisco today announced the availability of its Connected ATM solution for Indian banks. The solution aims to help FIs meet the Indian government's mandate for greater financial inclusion, which it hopes will promote ATM network expansion across the country, particularly in underserved rural areas.
The Connected ATM solution is part of the Cisco Internet Protocol NextGeneration Network architecture; it features Cisco's integrated services routers with a 3G wireless and CDMA connectivity option based on the Cisco 3G wireless WAN highspeed interface card, suitable for both backup and primary applications.
Cisco has customized the offering to suit remote and offsite ATM operations that require low data usage but have high security requirements.
The remote/offsite ATM solution comprises two components, a Cisco 860VAE Series integrated services router at each ATM location and a pair of Cisco headend routers at data center and disaster recovery locations.
ATMs will connect to the 860 VAE ISE routers via Ethernet port, while the cellular interface connects to the service provider cloud. Traffic from the cellular interface is inducted in the MPLS cloud and routed to the bank's DC and DR locations.
Highlights of the solution include:
- Rapid Deployment — integration of a 3G WWAN modem into the router results in simplified installation and management
- Enhanced Security — end-to-end Internet protocol security tunneling with 3DES encryption ensures secured data flow over the network
- Easy Management — banks can manage the entire network using the same homogenous management and reporting tool
"Banks realize that in order to attain sustainable and profitable growth, they must adopt innovative and cost effective IT solutions that comply with stringent industry regulations," said Avinash Purwar, senior vice president of Cisco India and SAARC. "[I]ntegrated solutions like Cisco 3G WWAN HWICs will help Indian banks to significantly increase ATM penetration, while also ensuring security and cost effectiveness."
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