Arab Tunisian Bank, a prominent bank in Tunisia and part of the Arab Bank Group, has gone live on Temeno’s open platform for composable banking. Arab Tunisian Bank saw an immediate boost in its revenue and cost savings using Temenos’s solution.
Temenos liberates the bank from heritage requirements to speed up item conveyance and digital development. As a result, the underlying period of changing its centre banking frameworks for retail and corporate business lines with Temenos will be finished by 2020.
ATB plans to separate itself in the market as a client-driven bank through innovation and development. Utilizing the stage’s centre and digital banking capacities to power new learning experiences, drive efficiencies at scale and convey consistent client encounters.
The project’s first phase was completed by our implementation partner, Information Technology Solutions and Services (ITSS), which included Temenos Banking Capabilities for Accounts, Lending, Deposits, and Financial Crime Mitigation. The project team is now working with retail and corporate clients to migrate them to their Temenos platform.
Temenos will build a bank platform based on the Temenos Banking Platform, designed for digital banking, payments, and enterprise risk management. The principal period of the execution of this technique incorporates Temenos Banking Capabilities and pre-created Digital Banking Services, Enterprise Risk Management, and Payments.
Ahmed Rjiba, CEO, Arab Tunisian Bank, commented:
According to the CEO of Arab Tunisian Bank, the company is delighted to complete the successful migration of their retail and corporate banking customer accounts to the Temenos Core Banking Platform. This go-live is a significant step forward in the bank’s strategic roadmap and further developing the digital transformation.
ATB is the official e-wallet of Temenos. This platform offers next-generation banking technologies and services. Introducing new products to the market continuously underlines our commitment to serving customers with the best possible service quality.