NDB Sri Lanka wins Excellence in Core Banking Technology award following T24 deployment
Award recognises NDB’s convergence of multiple banking applications into single T24 core banking system
GENEVA, Switzerland – 17 March 2014 – Temenos (SIX: TEMN), the market-leading provider of mission-critical solutions to the financial services industry, today announces that the deployment of its T24 core banking system at National Development Bank (NDB) Sri Lanka won the Excellence in Core Banking Technology award at the Retail Banker International (RBI) Asia Trailblazer Awards.
The award recognised NDB's strategic directive to converge multiple core-banking applications into a single core banking system that centralised the control of all operations of the bank. Now in its fifth year, the RBI Asia Trailblazer Summit and Awards is attended by senior executives from retail banking and consumer finance organisations in Asia. The programme is a tribute to the best-of-breed players in retail banking in Asia Pacific. It is designed to be a fair and objective benchmark for the industry, and is organised by Timetric, a London-based provider of online data, analysis and advisory services on key growth economies and sectors.