Trisha Shetty (Editor)

Korala Associates Limited

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Type
  
Private

Key people
  
Aravinda Korala

Headquarters
  
Edinburgh, United Kingdom

Founded
  
1989

Industry
  
ATM software

Website
  
www.kal.com

Founder
  
Aravinda Korala

Korala Associates Limited httpsuploadwikimediaorgwikipediacommons11

Products
  
Kalignite Software Platform, K3A-Kalignite Advanced ATM Application, Kalignite NDC Application, KTC - Kalignite Terminal Controller, RTM

Motto
  
Take back control of your ATM network

Profiles

KAL is a company specialising in ATM software for bank ATMs, self-service kiosks, and bank branch networks. All KAL products are multivendor, Windows-compliant and conform to the industry XFS standard. KAL is the world's number two supplier of true multivendor ATM software. KAL supplies its software to major global banks including China Construction Bank, Citibank and UniCredit.

Contents

History

The company was established in 1989 by Dr. Aravinda Korala; hence Korala Associates Limited. KAL is headquartered in Edinburgh, Scotland. KAL also has office locations elsewhere in the UK, plus in the US, Europe, India, China, Japan, Malaysia and Australia. In 2011 KAL won the Queen’s Award for Enterprise in the International Trade category.

Products

KAL’s major product is self-service software for ATMs and kiosks. In 2012, KAL introduced the RTM (Retail Teller Machine). The RTM dispenses vouchers instead of cash meaning banks can operate in previously inaccessible areas while still offering the complete feature set of an ATM. KAL was the first ATM software company to deliver its products certified for Microsoft Windows 8 – just one week after the new operating system was officially launched by Microsoft in November 2012.

Industry standards and organisations

KAL is a participatory member of the ATM and self-service industry and belongs to the following industry associations and standards:

  • Product suite conformed to the WOSA 1.11 industry standard in 1995 (later renamed to XFS in 2000)
  • The Payment Card Industry Security Standards Council
  • Membership of ATM Industry Association (ATMIA)
  • References

    Korala Associates Limited Wikipedia