Centillion Solutions & Services Pvt Ltd was incorporated in 2006 and is one of fastest growing companies in the Indecomm Global Services group. Our IT-platform based services are geared to meet most conceivable requirements of rural banking, risk management and enterprise digitization needs of banks, financial institutions, non-banking financial companies, healthcare and insurance companies. We provide customized solutions by combining innovative, state-of-art software applications with focused process automation and management.

Centillion offers enterprise solutions across rural banking, business correspondence, audit, financial fulfillment, transaction processing, enterprise digitization and imaging hardware sales and services. With a collective banking experience of more than 100 ‘Banker’ years, Centillion provides a unique blend of technology and unparalleled expertise to help clients connect, transact and engage for superior business outcomes, focus on their core competencies and help create a competitive edge.

HISTORY
In 2005, Centurion Bank of Punjab Ltd. (CBOP), wanted to grow rapidly and desired to do this by achieving operational excellence. The bank invited bids from several organizations to contribute value to this initiative and Indecomm Global Services (IGS) was selected to be their strategic partner.An ‘Enterprise Partnership’ program evolved in 2006 and CBoP and IGS formed Centillion Solutions and Services, an entity that would focus on back office processing services for retail banking and related financial services. The scope encompassed managing the CBoP’s entire back office operations from two shared service centers in Bangalore and Gurgaon. The services included providing operational support to Assets, Liabilities, Wealth Management, Clearing, Customer Service, Direct Tele-Marketing Hub, vendor management, HR Operations, and local operations at its asset branches spread across India.The partnership facilitated the bank to scale up its operations by 70% without adding to its operating cost. Some of the key metrics  of this scaling up exercise included centralizing key processes, establishing of local operations in 49 locations, two mergers in a span of 18 months, and transitioning of 35 unique processes and initiatives within the same span of time.