Can Fin Homes’ board has taken a significant step towards digital transformation by selecting IBM India Private Limited as the system integrator for implementing and maintaining its core business solutions. This strategic move, approved by the Board of Directors through a circular resolution on February 20, 2025, aims to enhance efficiency and security across various operational processes.
Under the agreement, IBM India will deliver and manage critical financial systems, including Loan Origination and Loan Management, Document Management, Accounting, Risk Management, and Asset Liability Management. Additionally, the company will provide advanced cybersecurity solutions such as Security Operations Center (SOC), Security Information and Event Management (SIEM), and enterprise-wide identity and access management. The infrastructure will be hosted on a secure cloud environment with a robust disaster recovery setup, ensuring seamless operations.
The project spans seven years, including a 12-month implementation phase, three months of warranty, and nearly six years of support and maintenance, with an optional extension of two years. The total contract value is set at ₹296.95 crore, reinforcing Can Fin Homes’ commitment to leveraging technology for operational excellence.
