Exclusive Interview: Paresh Zaveri, Chairman and MD, Aurionpro Solutions

Aurionpro Solutions is a digital innovations company and an enabler of platform-led enterprise transformation. In an exclusive interview with DQ Channels, Paresh Zaveri, Chairman and Managing Director shared how the company is focusing its wings on the Indian market, expanding on the need for digitisation of businesses.

Tell us about you about your company.  

Aurionpro Solutions Limited is an advanced technology solutions company catering to the needs of the Banking, Mobility, Payments, and Government sectors. We converge multiple technology solutions under our umbrella, acting as one platform for Advanced and Accelerated Platform-led Transformation, guiding businesses to ADAPT to a new paradigm in Digital. Headquartered in Mumbai, India, we are bringing this to reality across global locations, pillared on the expertise and commitment of 1700 plus passionate people supporting the Aurionpro journey.

What are the kind of solutions you offer to businesses to transform digitally?

Our digital solutions are designed and developed strategies that help in improving processes and automate manual activities, allowing teams to concentrate on building better experiences for the customers.

Here are some of the sector-specific solutions that we offer.

Retail Banking: In Retail Banking Aurionpro offers an array of branch transformation solutions including Queue Management systems, Self-Service Terminals, Customer Feedback Systems & Digital Signage Solutions to banks and now this expertise is extended to other verticals such as Airlines, Telecom, Retail Outlets, etc.

Wholesale Banking:

• iCashpro+, an Integrated Transaction Banking Platform considers the changing digital transformation trend to deliver a true digital transaction banking solution for regional and super-regional banks, benchmarked to handle 5 million transactions per hour with more than 6000 concurrent users.
• SmartLender, a platform is an end-to-end comprehensive credit risk management solution that boosts productivity, improves credit quality, and lowers operational risks. SmartLender is a market leader in SouthEast Asia serving top banks in Singapore, Malaysia, Thailand, and Vietnam.
• FXConnect, a Real-Time FX Branch Transaction Platform which has enabled HDFC Bank FX Branch business for the corporate & retail customers with various inward and outward product flavors by bridging the gap between FX Treasury and Core Banking System.

Smart City: We have been at the forefront of smart cities and mobility initiatives across the globe. We work closely with governments to implement Digital Urban infrastructure that can help citizens realize their aspirations using a combination of disruptive technologies backed by a strong service network.

Smart Mobility: Innovative mobility solutions by our team of mobility experts are redefining the future of transit systems, simplifying the lives of citizens and government functions. To this end, we leverage an open-loop methodology providing greater flexibility and streamlining transit ticketing, their payments, visibility of fleets, eased tracking, route planners, department management, etc. 

Our solutions under Professional Services are as follow

G to G Services: Government to Government transfer of technology is one of our key focus areas. We aim to implement government products & solutions across the world as a part of the government’s initiative to help other countries. We provide support & services in the areas of Project Implementation, system integration, Rollout, Deployment, Hosting and operationalization, product enhancement, and maintenance of various software products & solutions.

Consulting Services – Software Products: With the rapid pace of digital innovations & changes in technology, our customers need help & support to create world-class products & service offerings. We offer our strong technology capabilities, experience & knowledge to create meaningful, innovative & cost-effective solutions for our customers.

Managed IT Services for Software: Managing costs & right investment in technology is a major challenge. We offer managed IT services for improved operations and reduced budgetary expenditures through the reduction of the workforce, use of the right technology mix & innovative processes.

Data Center Build and consulting Service: Delivering professional consultancy services for the physical environment of the data center covering consulting and planning, design and engineering, and construction services.

Hybrid Cloud Services and Specialized Service: We offer a seamless practice of smarter hybrid cloud management covering helpdesk services, network and security services managed cloud services, cloud & hosting services, DevOps and automation services, and server management services and monitoring services. Other specialized services such as Integrated Information Technology Services, System Integration Service, and ERP/Application Services too.

Our Payment Services include:

Aurionpro Payments Enablement Platform: A ready-to-launch, 360-degree white-label payments gateway pre-built with a suite of components that aim to quickly deliver a tailor-made solution for payment service providers and merchants.

Custom Payments Solution: Aurionpro builds customized payment solutions for Banks, Gateways, Processors, Acquirers, and Mobile and Retail Merchants using its extensive domain experience. It's a solution provider that assists payment providers in accelerating their time to market in a secure and frictionless manner. 

Which are the advanced technologies you leverage to accelerate Digital Innovation? 

Our team is currently working on advanced technologies to accelerate digital innovation through our platform lead approach Cloud Native, Serverless, Microservices, AI, Machine Learning, Business Intelligence, and Cloud Affinity.

Take us through the concept of your "One Platform" for a new paradigm in Digital Transformation.

Technology has always redefined how we look at possibilities, converting them to real-world outcomes. Throughout the years of our journey as Aurionpro, we have been tapping into this power, bringing advanced outcomes for our clients in Banking & Fintech, Transportation, and Government.

In the digital era, this journey has gained significant momentum, with the innovation of new technologies that connect and further the existing. Keeping up with this pace, we have charted a new milestone in our growth story - converging technologies as One Platform to catalyze this New World Order driven by digital. In this journey ADAPT (Advanced & Accelerated Platform-led Transformation) is our pillar to deliver the benefits of our One Platform-led enterprise transformation to our clients, partners, and the world of our people.

Tell us more about your platform-led umbrella of multi-application transforming IT infra. 

We have already set a course on the Platform Led approach for Aurionpro and one such project is Haryana Roadways.

In the Haryana State Transport Department project, Aurionpro is implementing an automatic fare collection system on a revenue share basis. The system is an ‘open loop’, which means that it will not issue its tokens, but will leverage either an existing or a multi-use mechanism of payment, such as mobile apps, NFC, credit cards, and so on.

How big is your workforce in India and how does it contributes to your global operations? 

Our India workforce size is 1400. India is the Offshore development center for Aurionpro which focuses on and supports all our global project implementation covering Banking, Mobility, Payments, and Government sectors. We have already established a satellite workplace in Jaipur, Lucknow, and Trivandrum, and more are planned this year across India to attract more talents in Tier 2 and Tier 3 cities. This unique approach would accelerate doubling our workforce by next year.