Given Bank of Shanghai's legacy applications were siloed by a line of business, retail and corporate, this provided the opportunity to move each line of business to the new Temenos Transact system independently of one another.
NCBA went live in 5 months because they were able to launch so quickly, they massively exceeded their business case targets. In the first 3 weeks, they onboarded more than 850,000 customers, and processed over 5 million transactions.
The Temenos solutions help Banco Multiva to evolve its products in tune with constantly changing customer requirements, ensuring client satisfaction and contributing to competitive advantage over its rivals.
To continue its rapid rise, Bank Albilad wanted to create products that make it simple for users to manage their accounts, and turned to Temenos for expert support after hearing how rapidly it could implement advanced functionality.
To create new offerings closely tied to the needs of each client, the bank replaced its aging and limited legacy infrastructure with Temenos Transact solution. The platform helps the bank to bring all-new digital services to market in quick time and to satisfy growing demand for more personalised packages.