Bank ABC is transitioning its legacy core banking systems to a unified Temenos platform through an integration project delivered by NdcTech. This arrangement will also involve end-to-end managed cloud services from NdcTech, facilitating smoother operations for Bank ABC.
Creating Scalable Efficiency
By integrating multiple backend systems onto the Temenos platform in the Cloud, Bank ABC can enhance operational scalability and efficiency. With a unified dashboard, the bank will enjoy a comprehensive 360-degree customer view across various business lines and regions.
Initial Phase of the Project
The project’s first stage focuses on Bank ABC adopting Temenos’ retail core banking system and origination via Infinity. This will replace current systems for the bank’s digital mobile-only offering, setting a flexible foundation for future greenfield developments.
Improving Customer Experience
Through cloud-native solutions and an API-first design approach, Bank ABC can leverage Temenos to streamline customer experience improvements and enhance service offerings. The move towards the cloud enables greater agility in adapting to evolving market demands.
Temenos’ Extensive Banking Capabilities
Temenos offers a wide array of banking functionalities, including API-driven services for financial product generation and fulfillment across retail, SMEs, corporate banking, and wealth management. This allows banks to offer customized financial products more efficiently.
Previous Partnerships
Temenos has established successful partnerships with other financial institutions such as Alpian and Next Bank. These collaborations highlight the benefits of leveraging cloud-based platforms for rapid product launch and innovative banking solutions.
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