Komerční Banka Wins Celent Model Bank Award for Core Banking Innovation with Temenos
Product Innovation with Digital Core Modernization
While many banks have started down the path of digital transformation, only a very few established large banks have fully completed the transition from legacy systems and manual-driven processes to becoming truly customer-centric, data-led, agile digital banks.
Komerční Banka (KB), which is part of Société Générale, is one of them.
By modernizing from a legacy mainframe system to a real-time, cloud-native core, KB has created a new, fully digitalized platform and successfully migrated more than 1.3 million customers.
This transformation has enabled the bank to deliver a fully digital proposition, strengthen digital sales, improve customer satisfaction, and create a scalable platform for future growth.
Alongside this, KB has delivered market-leading product innovation, including a market-leading multi-currency account that has become a core part of its retail customer proposition.
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