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.
To replace the limited functionality of its previous core systems, the bank will implement a comprehensive suite of Temenos solutions, including Temenos Transact, Temenos Data & Analytics, Channels, Temenos Financial Crime Mitigation, and Enterprise Risk Management.
Central Bank, Core Banking, Data & Analytics, Digital Front Office, Financial Crime Mitigation, Payments, Universal Banks
Husbanken plays a pivotal role in Norwegian society: in 2019 alone, the State Housing Bank approved loans, grants and support funds worth NOK 27 billion to help ensure every citizen has access to safe, secure housing. As part of a long-term efficiency drive,
AI, Central Bank, Core Banking, Financial Crime Mitigation
State Bank of Pakistan is a critical hinge in the country's financial system. As the nation's central bank, it holds responsibility for securing economic stability through the regulation of monetary and credit systems, while aiming to encourage economic growth and development.