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Hewlett Packard Enterprise (HPE) > Case Studies > Towards Financial Inclusion
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Towards Financial Inclusion

Technology Category
  • Infrastructure as a Service (IaaS) - Cloud Computing
  • Infrastructure as a Service (IaaS) - Cloud Storage Services
Applicable Functions
  • Business Operation
Use Cases
  • Cybersecurity
  • Remote Asset Management
Services
  • Cloud Planning, Design & Implementation Services
  • System Integration
The Challenge
Fino Payments Bank, a pioneer in the financial inclusion space in India, faces the challenge of operating at scale with a relentless focus on operational efficiency. Payments banks differ from retail banks in that they can't offer credit or loan services, removing a vital revenue stream. The bank's success is built on smart, efficient IT infrastructure management and a digitally enabled financial services distribution platform spread across the country. The bank needed to protect profit margins by enabling high-throughput, business-critical applications, and strengthening data management.
About The Customer
Fino Payments Bank is one of the pioneers in the financial inclusion space and a leading player in India's payments banking sector. Formed in 2017, the bank in a short period has expanded its reach across the length and breadth of the country providing banking access to millions. It is one of the few payments banks to regularly turn a profit. The bank has adopted a phygital approach-deploying a mix of physical outlets and digital platforms. The bank's work has proved critical during the COVID-19 crisis, using its network, the government has been able to make welfare payments to local communities and businesses.
The Solution
Fino Payments Bank's IT infrastructure is built on HPE SimpliVity. The bank has seven HPE SimpliVity nodes and two compute nodes across its Mumbai and Hyderabad locations. HPE SimpliVity establishes a self-managed, self-optimized, and self-healing infrastructure, with visibility and predictive analytics. This supports several high-throughput applications and underpins the bank's business continuity plans. All activity within HPE SimpliVity is managed through a single pane of glass. This gives Fino Payments Bank the visibility over infrastructure usage, and, with HPE InfoSight, it establishes AI-powered autonomous operations that ensure the environment is always on and always fast.
Operational Impact
  • Ensures speed and efficiency across customer-facing applications
  • Reduces infrastructure management and strengthens business continuity
  • Extends financial inclusion and enables support through the COVID-19 crisis
Quantitative Benefit
  • Backups take less than 60 seconds for each 1 TB virtual machine
  • Across 2020, the bank’s tech-enabled network model has driven sustained quarter-on-quarter profit after tax growth in excess of 43%

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