The Community Cloud, a specialised digital platform, is designed to foster collaboration and communication within the banking ecosystem, connecting lenders, banks and customers. This initiative ensures PSBs access MeitY-empaneled cloud services, eliminating the need for individual, often redundant, procurement processes and achieving significant economies of scale.
By facilitating the integration of hyperscale cloud competencies, PSB Alliance empowers PSBs to create secure, cost-effective environments conducive to innovation and experimentation. Banks can seamlessly migrate to agile technology infrastructures, benefiting from the managed service providers' (MSPs) specialised technology expertise.
Moreover, PSB Alliance can help provide access to Software-as-a-Service (SaaS) -based financial service marketplaces, enabling banks to offer our advanced services and platforms.