29th, September, 2020

Seylan Bank, First To Enter Market with SD-WAN Networking System

Marking the next step of their transformational journey into digitalization, Seylan Bank becomes the first organization in the local banking industry to adopt SD-WAN (Software Defined Wide Area network) Technology in partnership with Citrix and V S Information Systems (Pvt) Ltd., (VSIS).

As technology continues to drive and influence the banking industry, banks continue to integrate technology into both back-end and front-end activities to ensure higher security, better operational efficiency, control and enhanced quality. This is done with the sole purpose of providing customers with innovative and timely solutions to satisfy their banking requirements in a very secure manner.

Commenting on this, Mr. Harsha Wanigatunga, Chief Information Officer, Seylan Bank said “We are delighted to work with VSIS to further amplify our transformational journey into digitalization. As one of our valued partners over the years, VSIS has consistently delivered and has continued to assist us with the best technical and business support. As the first bank to adopt SD-WAN technology, we aim to further strengthen our branch network security, availability and faster speeds that will facilitate greater customer convenience and security. As the banking industry moves towards automation and digitalization, we place great priority towards innovation, security, enhancing customer services and defying the traditional norms of banking”.

Mr. Priyanga Gunasekera, Managing Director, V S Information Systems (Pvt) Ltd. said, “We are proud to work with Seylan Bank and assist in their digital transformation journey. As the leading ICT solution provider in the country, our goal was to provide Seylan Bank with the best of breed solution to fit their requirements and network architecture. To do this, we studied several competing products to identify and implement the best strategy to amplify their journey towards digitalization. We take great pride in delivering technology solutions with the best value outcome for our clients. Therefore, we are delighted to say that this implementation with Seylan Bank while being the first such implementation in the country, is also the largest SD WAN deployment up-to-date in Sri Lanka.”

Recognized worldwide as an emerging technology, SD-WAN offers a plethora of benefits to its users. With the main aim of simplifying their network management, bringing in Quality of Service (QoS), higher bandwidth, higher security, etc. Seylan Bank adopted the technology as a key part of their digital transformation strategy.

As the first bank in the market to partner with VSIS and Citrix to deploy SD-WAN, Seylan bank now operates a centralized network across all their branches. Seylan Bank has now incorporated their island-wide branch network into the SD WAN system, thus ensuring increased network performance and reliability. Seylan bank aims to provide the best value in banking solutions to their valued customers.

Seylan Bank, ‘the Bank with a Heart’ operates with a vision to offer the ultimate banking experience to its valued customers and is evolving rapidly with new technology, innovative products and services to set a new benchmark in the banking sector. The Bank has expanded its footprint with over 172 branches across the country and boasts an ATM network of over 215 units covering crucial locations while 10 branches provide 365-day banking. Seylan Bank has a growing clientele of SME’s, Retail, Corporate Customers and has been recognized in the global arena for its excellence in Digital Marketing.