Banking Ensemble
Overview
The Bank has been proactive in the regional market for over 50 years focussing on corporate and private wealth clients, offering a range of bespoke financial solutions.
To retain their market leadership, they selected an ensemble of banking best-of-breed products with Temenos solutions at the heart, complimented with the TechM Change Manager, TechM Event Manager and a robust reporting tool.
The Bank’s prime focus was to revamp the Banking Solution to a Robust Retail and Private Banking Solution for their Corporate and Private business, to cater to their increasing customer base and flexible banking demands.
Business Benefit
- Fully integrated solution realizing operational efficiencies.
- Flexible platform from which to launch new products / services
Solution Highlights
TechM had positioned the core banking and investment solution with a strong AML, Risk Management, e-banking solutions along with a reporting tool and the in-house Event and Change Management tools that would provide a complete banking solution to the Bank’s requirements to go proactive into the market. The challenges of migrating from their legacy system with the proposed solution on a Big Bang approach which was overcome with a coordinated planned approach