HK Infoware Limited evolved from a family business founded in 1987 by Mr. P. K. Panicker, an innovative entrepreneur in Kolkata with a vision to ride the wave of modernization that began in India then. His background and long experience in marketing of electronic products helped him to come up with a unique electronic product for the banking sector – BANCAL: a chip-based banking automation product which achieved
Later, he introduced another innovative solution to the banking sector – Banksoft: a powerful, stable and scalable software for total branch automation (TBA) solution. This was in much demand in the banking sector till the core banking started in 2007. All in all, it achieved 4000 installations across the length and breadth of the country.
Harish brings one & half decades of hands-on experience in identifying new opportunities, developing business strategy & Provides Organization strategic road map to attain Business Success.
Over the past three and a half decades of our legacy in the business, we have empowered ourselves by concentrating on Research & Development and Skill Inventory. We have made sizeable investment in technology up-gradation, acquisition of latest project management techniques and building competence across platforms like Microsoft and Open Source technologies. This in turn has enriched our knowledge bank and expanded our services and products portfolio by manyfold.
These projects include software products as well as customized solutions for various clients in the following sectors:
Over the years of steady growth, HK Infoware Limited (HKIL) has not limited its portfolio to only in-house developed products and solutions. It has tactfully combined its three decades of experience in IT Industry and high level of technical expertise with other solution providers, forming strong and mutually beneficial alliances. A at-a-glance view of our Journey till today.
Our Vision is to evolve and grow as a prominent Software product and services provider in India with a global footprint! We are committed to earn our customers’ loyalty and patronage through continual improvement of all our work processes driven by Integrity, Innovation and Teamwork.
Our mission is to provide cost-effective, efficient and flexible Software Products and Services of high quality, which deliver long term commercial benefits to our customers based on their key business requirements.
At HKIL, we value our commitment and the trust of our clients and stakeholders. We constantly strive for innovation, excellence, dedication and timely delivery to earn the respect of our clients. At the same time, we do our best to ensure a challenging, yet rewarding and motivating environment for all our team members.
It takes a lot of research and development, planning, technology upgrade and hard work to maintain superior quality of a product or service. At HKIL, we believe in customer satisfaction as the ultimate reward for our efforts,and we achieve that through consistent delivery of high quality products and services in an efficient, cost-effective and timely manner. We pursue continual improvement of all our work processes to meet the expectations of our customers in terms of quality, reliability and service.
HKIL is constantly expanding its eco system by forging alliances with global technology giants and organizations, bringing forth synergy in technology and domain expertise, without losing its focus. After the company’s successful journey for over three decades, the focus area of its future growth is now EDtech and Hospitality industries.
BANCAL, launched in 1988, was essentially a ‘Banking Calculator’ and also referred to as such. It had a microchip at its heart and was an efficient device to aid and streamline back-office automation for the banking processes.
With the launch of BANCAL, HKIL entered into the development of automation in banking sector of India. This ushered the company into a new era of growth in the Indian Banking sector. The product was the first and only one of its kind and made entry into the banking industry at a time when the concept of organized computing was yet to come.
This enabled the banks to significantly improve their efficiency levels by automating functions like interest calculations, ledger postings, report generation, etc.
BANCAL was truly ahead of its times as no significant automation initiatives were there for the Banking Industry till then. As a result, it was commissioned by almost all the reputed banking establishments in the country. It was a huge success and sold 1,00,000 units till the advent of the new generation personal computers.
Banksoft was the first software solution developed as a product by HK Infoware in 1995 for the banking sector. This product provided integrated online and real time processing of data which helped the banks to significantly improve the speed and quality of their customer services.
This server independent software was highly secure and could be configured with most database servers and operating system platforms of that time, making it very flexible and convenient for operation. Moreover, it provided a total branch automation (TBA) solution to the banks which benefitted them immensely in their back-office processes and in their customer relationship. This opened a new realm of banking experience for the bank staff as well as the customers.
Banksoft had a very successful track record in various Nationalized Banks, Gramin Banks (RRBs), Co-operative Banks and Credit Societies across the country. It entered the Indian market at a time when the banking sector was ushering into a new world of competition, total automation, security of data, fast and efficient customer service and expansion of branch network.
With the technical skill and industry experience of a highly efficient team at one hand and strategic alliances with other solution providers at the other, HKIL has commissioned many turnkey projects in Banking Automation successfully, like:
Banksoft achieved about 4000 installations across the length and breadth of the country, and was able to build up a loyal customer base in banking sector till 2007 when the Core Banking concept came into being.