LOLC ties up with SLT
Sri Lanka Telecom (SLT) recently signed an agreement with Lanka Orix
Leasing Company (LOLC) to provide a total data communication solution.
LOLC is a leading financial service company which provides innovative
value added products and services to corporate and retail customers in
Sri Lanka.
Speaking on the agreement, CEO SLT Shoji Takahashi said: "We are very
happy to provide LOLC with this solution with its world- class
facilities, which I am confident will open new ventures to the company
in terms of further diversifying their business."
SLT will provide multiple services with voice over IP, video, mission
critical data services with seamless connectivity for the head office
and 24 branches via Internet Protocol Virtual Private Network (IP/VPN)
solution for Broadband Internet and inter branch communication system.
The solution is capable of carrying voice and mission critical data
securely and reliably supported by SLT's latest Metro Ethernet
Technology.
Group Managing Director and CEO of LOLC Kapila Jayawardena said: "We
selected SLT as our network partner because of the technology they are
providing us, pricing and the value for money that we are receiving via
this agreement. We have a long-standing relationship with SLT and with
this agreement we have cemented it. They will be an integral partner in
our branch expansion process as our network provider."
The solution offered by SLT helps LOLC with direct cost saving for
the inter branch communication via the corporate network, makes
operation smoother as the company has access to a centralised IT network
at any given time, enabling communication between the head office and
its branches.
It enhances the capabilities of the customer through the maintenance
of online information, customer financial information, the company's
investment information, remote access for corporate information, cash
collection as well as sales information among others through their real
time system.
Online services to customers and the enhancement of LOLC business
capabilities and processors via SLT's state-of-the-art technology are
also provided. It is flexible as well as scalable, suiting the company's
future expansion needs.
This agreement is projected to cut down costs of inter branch data
communication as well as increase productivity, resulting from cost
effective real time communications as well as a high quality of service
and a customised solution offered by SLT based on their requirement.
Therefore through an IP VPN Network LOLC will be offered significant
cost savings, instant access with mobility and most of all convenience. |