Team siliconindia

• Multi-year iCashpro deal signed with a major public sector bank to support long-term digital transformation
• Platform to upgrade cash management, payments, liquidity, and real-time reporting capabilities
• AI-driven insights to improve transaction banking efficiency and decision-making

Aurionpro Solutions has secured a multi-year contract to deploy its iCashpro cash management platform for one of India’s largest public sector banks. The deal covers software licensing, implementation, and a long-term annual maintenance agreement, marking a key win for the Mumbai-based enterprise technology firm.

Under the agreement, the bank will use iCashpro to upgrade its cash management infrastructure as it looks to strengthen its position in India’s fast-evolving digital banking landscape. The platform offers a wide range of services, including payments, collections, liquidity management, virtual accounts, reconciliation, government business support, and real-time reporting.

The solution also integrates escrow management through Fintra, a company Aurionpro acquired recently. This integration allows the bank to offer more comprehensive transaction banking services to corporate and institutional clients.

iCashpro runs on AurionAI, Aurionpro’s enterprise artificial intelligence platform built for banking use cases. AurionAI provides insights into transaction volumes, customer behavior, and usage trends. Its cash flow forecasting module connects directly with core banking systems to deliver predictive insights based on historical data and current account balances, helping banks make faster and more informed decisions.

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Ashish Rai, Group CEO of Aurionpro, said the partnership reflects growing trust among large banks in the company’s AI-driven transaction banking solutions. He added that Aurionpro’s experience in delivering complex, large-scale digital transformation programs positions it well to support the bank’s corporate banking growth.

Aurionpro Solutions operates across banking, payments, mobility, insurance, transit, and government sectors, with a global workforce of over 3,000 professionals. Following the announcement, shares of Aurionpro Solutions were trading at Rs 1,124 on the NSE, up 0.60 percent in afternoon trade.