UCO chooses Xchanging to implement disaster recovery solution

EastNets enables lender to incorporate transactions over SWIFT payment gateway with its existing disaster recovery infrastructure.

Xchanging, a large, fast growing global business processor, announced that it has extended its relationship with UCO Bank, a leading Indian bank, to implement mission critical disaster recovery solution for its most business critical financial telecommunication infrastructure.

Xchanging will enable UCO Bank to seamlessly integrate near real-time databases, payments, and transactions over its SWIFT payment gateway with the bank's existing disaster recovery infrastructure. Xchanging EastNets' implementation compliance and payment solution conforms to international banking benchmarks. The solution will provide a secure environment for efficient duplication detection, and recoverability of high volume messaging traffic. The scope of the implementation also includes back-up of foreign exchange payments and telecommunications platform.

View the full story in Market Watch.