InfrasoftTech awarded CIO Choice 2020 in ‘Large Enterprise - Mixed Reality’ category

L-R: Mr Rishi Kothari, Program Manager, InfrasoftTech; Mr Maninder Singh, President (Products) & Co-Founder, InfrasoftTech; and Mr Laxshmikant Darbha, Delivery Head – Digital, InfrasoftTech at the CIO Choice 2020 award ceremony

MUMBAI, 14th January 2020: InfrasoftTech, leading global FinTech company providing digital solutions to 500+ banks and financial institutions across 50+ countries, has been conferred with the CIO Choice 2020 award as the most trusted brand in the Mixed Reality category for the Large Enterprise segment. The company was felicitated at the Annual Red Carpet Night, a celebration of innovation and excellence in the ICT ecosystem.

InfrasoftTech recently launched Mixed Reality (MR) technology for banks, the first-of-its-kind solution that aims to revolutionize banking thereby improving security, curbing frauds and enhancing the digital customer experience. This technology offers the blend of the real world and digital objects thereby giving customers a more personalised experience. This innovative solution also allows video-KYC to help financial services players to ease the verification and on-boarding process of customers. Video-KYC allows lenders to match the customers’ identity documents through a frame of video and they can also scan the documents remotely without needing to be physically present. The solution further strengthens InfrasoftTech’s commitment of transforming banking by providing enhanced customer experience.

The company also introduced a host of other solutions within its Kiya.ai Omnichannel & Open Banking solution which enables a user to access information in 3D view with the use of touch, speech, or hand gestures, anytime and anywhere.

This is the third successive year that InfrasoftTech has been honoured and recognized at the CIO Choice. In 2019, InfrasoftTech’s Kiya.ai Omnichannel Banking Platform and in 2018 its Payments BOTs and Omnichannel Banking Platform won ‘Best in Innovation’ award whereas, in 2017, the Core banking solution and mobile app was awarded. Prior to this, in 2014 CIO Choice had recognized their Core Banking Cloud Solution.

Rajesh Mirjankar Managing Director & CEO, InfrasoftTech said, “It is a moment of great pride that InfrasoftTech has been recognized for its innovative solutions at the CIO Choice 2020. With our Mixed Reality solutions, we want to empower banks and financial institutions with technologies that can cater to the ever-evolving customer expectations and demands. Through our innovations, we are committed to bringing about a revolution in the Fintech ecosystem across the globe. I would like to thank all our partners, customers and the CIO panel for choosing us as their preferred partner.”

The award ceremony held at The Lalit, Mumbai, was a star-studded affair with the presence of country’s most eminent CIOs and over 300 ICT leaders. In its 8th year now, CIO CHOICE recognition focuses on ICT brands that exhibit a continuous demand for excellence.


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