Logica unveils Q-NG

Logica has launched 'Logica Q-NG,' a solution to ease the complexities of the banks, ocuring with multiple and disparate systems.

The solution is based on the unique and proprietary Logica HUTTM model of payments that is capable of processing tens of millions of transactions per hour. It simplifies payments across the organization and makes it easier and simpler to manage payments, irrespective of their type.

The solution enables the processing of every payment type, both current and future, using the most optimal routing and processing methodology.

''Logica Q-NG is such an innovation that not only addresses the complexities of Indian Payment landscape but also possesses capability of responding faster to client demands,'' said GBS Bindra, global director of innovation & MD, Logica India.