CMS Info Systems bags Rs 1,000 crore contract from SBI [Other]
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TL;DR
CMS Info Systems has secured a Rs 1,000 crore contract from SBI, operating in cash management, managed services, and other financial segments.
Tags
Business SupportOtherCMS Info SystemsSBI contractcash managementmanaged servicesfinancial services
The company operate its business in three segments. Cash management services includes end-to-end ATM replenishment services; cash pick-up and delivery; network cash management and verification services (together known as retail cash management services); and cash-in-transit services for banks. Managed services includes banking automation product sales, deployment and associated annual maintenance; end-to-end Brown Label deployment and managed services for banks; common control systems and software solutions, including multi-vendor software solutions and other security and automation software solutions; as well as remote monitoring for ATMs. Others include end-to-end financial cards issuance and management for banks and card personalization services.