Capital G Bank Ltd. has awarded its technology contract to New Delhi-based company, Newgen Software Technologies Ltd.

Newgen Software Technologies Ltd. covers business process management and enterprise content management, with 700 installations in more than 30 countries.

Capital G Bank Ltd. aims to distinguish itself from other banks by providing simple and uncomplicated banking services to a diverse range of clientele. It provides a wide range of financial services in a professional environment that is customer driven.

Richard Doughty, chief operating officer of Capital G Bank, said: "Technology continues to play a key role in the evolution of Capital G Bank. Our partnership with Newgen marks an important achievement for the bank and its ability to adopt worldwide best practices while maintaining operational efficiency and superior customer service."

Newgen Software, with its OmniDocs-based solution, will automate and integrate key elements of its documentation process to increase the operational efficiency in the bank. Managing director of Newgen, Diwakar Nigam, said: "We, at Newgen, are glad with this important success. Our solution will empower Capital G Bank to significantly improve back-office productivity by streamlining document-centric processes."