Page 27 - Banking Finance September 2018

PRESS RELEASE

Centrum Financial Services deploys a scalable platform with Encore

Theme’s ThemeChain™

Encore Theme Technologies, the fastest growing business software solution player in the Supply Chain Finance, Home
Finance, Retail & Corporate Lending for Banks and NBFCs has
today announced the deployment of its flagship product
ThemeChain™ at India’s premier financial services institution,
Centrum Financial Services.

Mr. Inderjit Camotra, Executive Vice President, Centrum Financial Services said, “We were looking for a solution which
could help us achieve the ‘Fit for Growth’ strategy. Encore Theme’s system has the strong capability of handling multiple
invoices within the same batch as well as multiple batches for the same client. The team’s strong local knowledge has
helped in developing a superior product that will empower and give us a competitive positioning in the market, enabling
our vision to be a leader in the field of Supply Chain Finance. The solution will help us save on operational costs and
provide better quality of service. Our turnaround time goes up, service delivery KRAs look better and at the end of it the
client is happy.”

Mr. Narayan Viswanathan, Executive Director, Encore Theme Technologies further comments, “It is our privilege to work
with the premier NBFC, Centrum Financial services. We are extremely delighted to partner with them in their growth
journey. We are sure with this deployment, Centrum is well poised to leverage its investments in technology. This
deployment is an important milestone in strengthening our footprint in the region. We have kept our design & framework
of the product such that it will augment the growth drivers for all our client segments”.
Encore Theme's solution is robust enough to handle large volumes enabling businesses to scale up their operation
organically as well as inorganically without being worried about the system or infrastructure. It meets the dynamic business
requirements of the banks and supply chain management and helps manage stiff competition, reduced margins, larger
volumes and increased customer expectations effectively.

Swachhata Pakhwada Observed by HUDCO

The Swachhata Pakhwada kick started on 16th August, 2018 by Dr. M Ravi Kanth, CMD, HUDCO by administering the
swachhata pledge to all HUDCO
employees. HUDCO adopted a Government
Primary School in Sarai Kale Khan, where
CMD HUDCO planted a sapling and
addressed the students for keeping their
surroundings clean. HUDCO employees
volunteered to clean the school premises
and also presented a street play to the
children on the same theme. Several
activities were organized during the
Pakhwada to highlight the importance of
Swachhata in everyday life.
A painting competition for HUDCO
employees was organized on the subject
and a day was dedicated for cleaning the
office premises by all employees. A Nukkad
Natak by professionals was also organized
by HUDCO at the India Habitat Centre to spread the message of Swachh Bharat Mission for all the organizations housed
at the Habitat Centre.

BANKING FINANCE | SEPTEMBER | 2018 | 27