IIFL (India Infoline) Chooses OrangeScape PaaS for Automating Business Processes

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OrangeScape Technologies Limited, one of the Global 10 Cloud Platform-as-a-Service (PaaS) providers, today announced new customer signup with IIFL (India Infoline), a leading financial services company with over 2500 business locations across 500 cities/towns in India

Sankarson Banerjee, CIO, IIFL

Sankarson Banerjee, CIO, IIFL

We evaluated various options and choose OrangeScape Visual PaaS for its maturity and capabilities in developing complex enterprise workflow apps. It promises the the flexibility to build quickly and change often...

IIFL has a large distributed workforce across the country that need to collaborate on a number of business processes cutting across departmental boundaries. Many of those business processes are unique and differentiated to IIFL’s business. Prior to choosing OrangeScape, IIFL used non-cloud application development tools to automate the longtail of business applications. IIFL set out to solve this longtail of apps problem using a homogeneous and cloud native platform approach, using OrangeScape platform. OrangeScape Visual PaaS, with its patented rule engine, visual form and workflow designer, helps IIFL to build business applications faster, deploy and scale easily on Google App Engine.

CIO of IIFL, Sankarson Banerjee, said, “IIFL is a 15,000+ member organization, and the need for agility and innovation is very high to respond rapidly to very dynamic market conditions. We were looking for a platform that we can build on, rather than static solutions, since our problems are constantly evolving. We evaluated various options and choose OrangeScape Visual PaaS for its maturity and capabilities in developing complex enterprise workflow apps. It promises the the flexibility to build quickly and change often, while still allowing for cost effective and quick deployment. Importantly for us as Google Apps users, OrangeScape, nicely fits into the Google Cloud using Google App Engine and runs along with our Google Apps Environment”

CEO & Founder of OrangeScape Suresh Sambandam said, “OrangeScape Visual PaaS is driving business innovation through simplification of the enterprise application development. IIFL is not only a house hold name in the financial services industry / among stock traders, but they are also a very large Google Apps user in this part of the world. This reaffirms OrangeScape’s value to large Google Apps enterprise customers. We are delighted to have IIFL as our customer.

About IIFL
The IIFL (India Infoline) group, is one of the leading players in the Indian financial services space. IIFL offers advice and execution platform for the entire range of financial services covering products ranging from Equities and derivatives, Commodities, Wealth management, Asset management, Insurance, Fixed deposits, Loans, Investment Banking, GoI bonds and other small savings instruments. IIFL recently received an in-principle approval for Securities Trading and Clearing memberships from Singapore Exchange (SGX) paving the way for IIFL to become the first Indian brokerage to get a membership of the SGX. For more information,please visit: http://www.indiainfoline.com/Aboutus

About OrangeScape
OrangeScape is a rare breed of technology company founded in 2003 with customers and partners in USA, India, UK & Europe. OrangeScape is one of the Global 10 Cloud Platform-as-a-Service providers featured in PaaS reports of Gartner and Forrester. OrangeScape provides modeling driven visual development environment for creating business applications and can be deployed on major public cloud platforms like Google App Engine or on private cloud environments. OrangeScape has a marquee customer list comprising Unilever, Citibank, Pfizer, AstraZeneca, Sterlite, Fullerton, Geojit and other large enterprises. For more information,please visit: http://www.orangescape.com

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Ashish Bhagwat