On Monday, HTC Global Services announced it would work with the Reserve Bank of India (RBI) for developing an Export Data Processing and Management System (EDPMS).
The BPO services provider also announced the launch of Export Data Interfacing Solution (EDIS) that enables banks to comply to the new EDPMS, announced by the RBI on February 28.
EDIS is a cost effective solution as it is developed on open source platform and is web based, the company said.