IFTAS - Indian Financial Technology & Allied Services

IFTAS - Indian Financial Technology & Allied Services is a subsidiary of the Reserve Bank of India, established in 2015. This financial technology company is responsible for designing, deploying, and supporting IT-related services for the Reserve Bank of India, as well as all banks and financial institutions in India. Their services include INFINET (Indian Financial Network), which manages the country's network and communication backbone for the banking and financial sector, SFMS (Structured Financial Messaging System) for interbank financial messaging, GIFT (Global Interchange for Financial Transaction) for integrated payment and settlement systems, and cloud services offering IaaS, PaaS, and SaaS models for the Indian banking and financial community. Additionally, they provide learning management and board management solutions, as well as advisory services for various financial institutions. The industries that IFTAS operates in include financial services, information technology, and banking. Currently, specific information about their headquarters, last investment, and last investment investors is not available. IFTAS has a diverse member base, including cooperative banks, foreign banks, private banks, public sector banks, small finance banks, regional rural banks, payments banks, RBI/RBI subsidiary, and financial institutions. With its strong association with the Reserve Bank of India and a wide range of services catering to the financial sector, IFTAS presents itself as a significant player in the Indian financial technology landscape.