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Bermuda’s preferred Bank is successfully migrated to a comprehensive banking ensemble

The Bank is has been proactive in the regional market for over 50 years focussing on corporate and private wealth clients, offering a range of bespoke financial solutions.

To retain their market leadership, they selected an ensemble of banking best-of-breed products with Temenos solutions at the heart, complimented with the TechM Change Manager, TechM Event Manager and a robust reporting tool

The Bank’s prime focus was to revamp the Banking Solution to a Robust Retail and Private Banking Solution for their Corporate and Private business, to cater to their increasing customer base and flexible banking demands

Solution Highlights

TechM had positioned the core banking and investment solution with a strong AML, Risk Management, e-banking solutions along with a reporting tool and the in-house Event and Change Management tools that would provide a complete banking solution to the Bank’s requirements to go proactive into the market. The challenges of migrating from their legacy system with the proposed solution on a Big Bang approach which was overcome with a coordinated planned approach

Business Benefits

  • Fully integrated solution realizing operational efficiencies.
  • Flexible platform from which to launch new products / services
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