100% MPLS WAN coverage improves Laxmi Vilas Bank branch connectivity
Private sector bank Laxmi Vilas Bank has rolled out its Multiprotocol
Label Switching (MPLS) implementation across its 340 Indian locations.
It claims to be one of the few Indian banks to have achieved a 100%
MPLS WAN architecture.
project began on April 1, 2010. BSNL was the technology
partner, while the entire management of the system has been outsourced
to Wipro. Laxmi Vilas Bank's IT team, along with its partners completed
deployment within a 20 day timeframe. "Getting approvals from
the management took around 15 days. So, we managed to complete this
MPLS WAN project within a record time of 45 days," says Murali Nair,
the chief technology officer of Laxmi Vilas Bank.
"Earlier, we were on the hub and spoke model, which created traffic
issues, since most branches used to connect to the hub. With deployment
of the MPLS
architecture, we got rid of the congestion problems," informs
Nair. Apart from this, the MPLS WAN deployment enhances
application performance, which makes for better user and customer
experiences, says Nair.
The bank will do away with about 21 hub locations across India, and save on maintenance and operational costs. It will also save costs by redeploying network equipment.
According to Nair, the MPLS WAN architecture will help the bank save up
to 60% of the operational costs incurred in managing networking
equipment. Also, the MPLS WAN will reduce downtime earlier associated
with the hub and spoke WAN model. "The bank will do away with about 21
hub locations across India, and save on the maintenance and operational
cost of these hubs. We will also be able to save costs by redeploying
network equipment at these centers to other centers.
The IT team at Laxmi Vilas bank initially had to face a challenge of
convincing the management. However, the team made presentations about
the advantages of MPLS
, which eventually got a green signal from the management. With
its MPLS WAN implementation, Laxmi Vilas bank claims to be the first
bank based out of Tamil Nadu to complete a 100% MPLS
implementation. In the near future, the bank plans to look at
projects such as implementation of enterprise storage systems and two