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Our strengths
  • The first corporate to bring ATM revolution and introduce the innovative culture of “ATM for the Masses” in the country (through the then Joint Venture Diebold HMA)
  • Introduced India’s 1 stShared Payment Network - Swadhan (ISC)
  • 1 st Company to introduce Open Architecture switching solutions
  • 1 st Corporate to introduce Total Outsourcing through TRIMS (Total Retail Infrastructure Management Services) from ISC
  • Over a decade’s experience and clientele base in ATM sales & services through Joint Venture (1992-2003) – Diebold HMA
  • Client base of more than 50 customers ranging from apex private sector & government banks to leading financial institutions & co-operative banks
  • Strong presence in India, South East Asia, Middle East & Africa
  • Dedicated facilities & excellent infrastructure
  • Proven skills and expertise (over 200 qualified professionals) that have successfully delivered innovative, customized, cost – effective solutions for the retail banking segment

Technical Strengths

  • ATMs deployment and allied services
  • Retail Banking Automation
  • Retail Banking Software and Switching Solutions
  • Business Process Outsourcing
  • Transaction Processing
  • Electronic Fund Transfer
  • Managed Services & Networking
Brief History

Year 1988

  • The parent company, HMA Data Systems Pvt Ltd established in the year 1988, pioneers as the Security Product Distributor including Self Service Terminals and other lines of business, including software, hardware, middleware and switching solutions.

Year 1992

  • Introduced Diebold Inc., USA to India
  • Promoted 50:50 Joint Venture – Diebold HMA
  • Brought an ATM revolution in the country by selling over 1000 machines in the year 2000 as against a total machines of 791 numbers in the country (sold 120 units) till 1999
  • Introduced ATM for visually impaired
  • Over 71 banks as clients with 64 service support centres
  • Brought this company to enjoy consistent leadership in the last decade. Held over 55% market share
  • Crossed a turnover of 27 million USD plus till the parent company exited (on mutual consent) the Joint Venture in May 2003
Year 1995
  • ISC Investment & Finance (P) Ltd. (ISC) formerly India Switch Company, promoted in 1995 was the first private company to run crucial financial data of India for Indian Banks’ Association (IBA)
  • Introduced ‘Swadhan’ – India’s first Shared Payment Network System (SPNS) for over 32 banks in India
  • Today runs CashTree – a six Nationalised bank consortium
  • Initiated BANCS – a truly National EFT (Electronic Fund Transfer) network that has 13 banks as members and 10 more to join shortly
  • Introduced total outsourcing to retail banking through TRIMS (Total Retail Infrastructure Management Services). Running this service for Bank of India in 30 cities, a 24 million USD project spanning over 6 years
  • United Bank of India has also roped in the TRIMS model for its networking services. Introduced the first ATM in the President of India’s official estate
  • Set up DPS (Debit Processing Service) centre for Visa – India
  • ISC is also recognized as a 3 rd party service provider for Visa member banks and MasterCard member banks in India

Year 2000

  • HMA Starware Pvt Ltd, promoted in the year 2000, is recognized as the leader in Open Architecture switching , reconciliation, middleware space, card issuance & management solutions
  • Accredited with ISO 9001: 2000 certification
  • 18 patented STAR suite of products
  • Strong Client base in India, South East Asia, Africa & Middle East
  • An emphasis on quality procedures for planning, implementation and support

Year 2004

  • The Group, floated CashLink Global Systems Pvt Ltd, in the year 2004, with the objective of bringing more a utomated approach to retail banking, through its specialized retail delivery products, concepts and services
  • Leveraging on HMA Group’s 16 years plus of domain knowledge in giving state-of-the-art retail banking products & services, CGS pioneers in offering products & technology ranging from Teller Automation, Self Service Terminals to Multi vendor Support Services & Consumable Supply

Serves customers in more than 72 cities within India and is a dominant player in Bangladesh, Nepal and Sri Lanka.

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