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Connecting the banks
Jasim Uddin Khan
4/8/2004
Square the leading corporate house has brought a revolutionary in the inter-banking branch-to-branch connectivity solution in the country through its own satellite setup.
A total of seven leading private banks and two ATM card companies have already taken their services.
The IFIC bank, National Bank, Bank Asia, Premier Bank, BRAC Bank, Dhaka Bank and SIBL are using its services and the banks expressed satisfaction over the quality and security system, Managing director of the company Charles C.R. Patra said.
Square offers high priority connectivity advantage to the country's Online Banking via satellite and setup the first and only VAST control centre near Savar.
The service is enhanced productivity, efficiency and security and reliability in data transferring of any corporate house.
Square's unique VAST technology that has several layers of protection as the data flows through space, C.R Patra said.
In such cases, a flexible dynamic network is provided to offer priority traffic from any point on the network to any other point on demand.
Considering certain typical sporadic traffic management requirements, instance like ATM, point of sales, sales and distribution information.
In each case, there are sporadic, low data volume transactions, typically single media.
The challenges is to provide a system that will deliver instant services reliably whenever called upon and not reflected negatively on the bottom-line, owing to extended periods of non-use.
Square informatix offer the most efficient low traffic management advantage to any ATM & similar low volume transaction oriented network.
Square has materialized its long cherished dream to build a nationwide and global communication service. This venture ensures services based on the most powerful satellite available, using most tested and globally accepted technology and equipment.
Square informatix has a 4000 square feet 'earth quake proof' state-of-the art Network Operations Centre (NOC) equipped with robust Satellite base band equipment and a 9.3 meter (30.51feet) motorized auto-tracking antenna.
The NOC has five layers of power redundancy and 3 layer of Hub Base band server redundancy to avoid any possible system shutdown and thus ensuring network availability of the highest international standard.
Square has carved a niche in providing end-to-end managed digital network using the very latest 'satellite communication technology' for data communication.
The network enables instant, reliable, secure and cost effective communication with regional & cross-country branches or remote offices of clients.
Combining and unmatched level of quality of service with outstanding, globally tested networking technology from world leaders in telecommunication, the company is contributing to the revolution in corporate information in the country and the region.
Square Net Franchise offers a unique opportunity for individuals or group entrepreneurs to setup and run a highly profitable business venture bringing internet access easily and affordably to people around them.
Transforming the 'quality of intelligence' based on customer need and aspiration, continuously mastering advanced technology, offering freedom of leveraging minds and ceaseless efforts in fulfilling the nations need and beyond in the information and communication technology service sector.
This venture shall create a synergy that will take corporate houses into a new dimension and definition of customers service through this technology, Patra said.
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