Business News of Thursday, 23 February 2017
Source: BEIGE Group
Global Solutions (GS), the regional partner of TEMENOS banking software in West Africa, has confirmed the successful migration of BEIGE Capital Savings and Loans (BCSL) onto the world acclaimed core banking application platform Temenos T24. This follows BCSL’s announcement in December last year to unveil a transformational core banking software.
According to GS, TEMENOS banking software has emerged as the preferred choice for over 600 premier universal banks in the world, including some very prominent banks in Ghana.
The CEO of BEIGE, Mr. Mike Nyinaku, explained that the decision to replace the company’s core banking application platform is in line with its medium term direction.
He said, “our client numbers are growing steadily and we required a more robust and intelligent system that would give us the competitive edge. I believe we have it now.”
He also noted that, the new platform would enhance operational efficiencies and improve BCSL’s compliance and risk management functions. “It would also provide for us an advanced platform to launch innovative digital banking products and services for our customers,” he added.
Mr. Nyinaku has assured customers of BCSL that the few hitches encountered as a result of changes in account numbers, during the migration, would be fixed in a short time so customers can enjoy more of the upgraded service offerings of T24. He commended his IT Team and the support team from the integrator (GS).
“I doff my hat for the team results achieved every step of the project to ensure we go live,” he concluded.
On the word of Mr. Olufemi Muraino, Regional and Country Director of Global Solutions Ltd, the software has proven to be one of the most technically advanced Banking System available since its launch in July 2005.
“Temenos T24 is a complete end-to-end banking operation solution, CRM and product lifecycle management software platform, that powers core banking operations. It is highly customizable to meet the peculiar platform operational needs of BEIGE Capital,” he added.
“We are confident about the growth prospects ahead of us and have no doubt that when we’re done with the migration, we would be in a better position to serve our customers better,” Mr. Mike Nyinaku assured customers.