Lokesh

Housing Finance Bank, Oracle, and JMR Infotech Partner to Accelerate Core Banking-led Digital Transformation for Enhanced Customer Experience Date- 20-10-2022 Housing Finance Bank, a leading commercial bank headquartered in Kampala, Uganda will be deploying the Oracle Banking suite in partnership with JMR Infotech, to leverage next-generation banking technology for enhancing its digital core capabilities and delivering convenient service to its customers. Leveraging JMR’s expertise in the Oracle banking suite and industry-leading Oracle FLEXCUBE technology, the Bank plans to accelerate its digital offerings, speed up the delivery of new customer solutions to the market, and enhance the overall service delivery. “Speed of service is critical to us,” said Michael K Mugabi, Housing Finance Bank’s Managing Director. “As a Bank with its eyes firmly planted on the future of customer service and innovation, Housing Finance Bank’s planned implementation of our flexible Oracle FLEXCUBE technology will put them in a position to pull ahead in a competitive Ugandan market,” said Mr. Upender Singh, Sales Director, Banking-Sub Saharan Africa, Oracle Financial Services Global Business Unit. Jayafar Moidu, Founder & CEO of JMR Infotech said, “We are excited to embark on this strategic partnership with Housing Finance Bank to help accelerate the Bank’s core transformation. Our deep expertise in implementing Oracle Banking suite and Africa Banking project experience, we are strongly positioned to help the Bank achieve the full potential of its planned transformation.” Housing Finance Bank will be implementing Oracle Banking Payments, Oracle FLEXCUBE, and Oracle Banking APIs from the Oracle Banking suite along with an Enterprise Service Bus Middleware. JMR InfoTech will be the prime integrator working with the Bank to implement the new platform including the migration of apps, offerings and customers from the current system. With this transformation, Housing Finance Bank will be able to scale quickly and offer personalized services and also process transactions more judiciously. Oracle Banking is a suite of financial services applications that enable banks to offer a complete set of digital banking services to customers. The suite includes the digital core and applications for retail and corporate banking, real-time payments, and digital experience. Built on micro services architecture with 3000-plus open banking REST APIs, the suite makes it easy for innovators like Housing Finance Bank to “plug in” additional Oracle and third-party services when they need them. It also provides a scalable, cloud-native environment for growth.

Siinqee Bank, Ethiopia has selected JMR Infotech and its strategic partner IE Network Solutions Date- 01-12-2021 Another Feather in JMR's Cap Siinqee Bank, Ethiopia has selected JMR Infotech and its strategic partner IE Network Solutions for its Core and Digital Transformation journey. Siinqee Bank; formerly known as Oromia Credit and Savings Share Company, will be implementing Oracle's Core Banking System - Oracle FLEXCUBE, Oracle Banking Digital Experience (OBDX), and JMR Agency Banking solution to enable a state-of-the-art Digital Core platform that can offer differentiated products, services, and superior customer experience on an omnichannel platform in the Ethiopian market.

Enabling Go-Live with OFSAA-FCCM AML for a Leading Bank in South Africa Date- 9/08/2021 Our esteemed client -  a leading bank in South Africa has gone live with  the OFSAA-FCCM AML application from 2nd August 2021 and the project has been a phenomenal success. The project was largely delivered remotely, in view of the current pandemic situation. The Client and JMR teams worked in perfect cohesion to ensure that the implementation is completed smoothly, on time. Hearty congratulations to our Client and wishing them all the very best!

JMR and Oracle have been selected for the 3rd multi-country Core Banking rollout in as many years In the last 3 years, JMR and Oracle have been selected for 3 multi-country core banking rollout. The first of which is an Oceania client with rollout in 7 countries, followed by a West-African client in 9 countries, and our new multi-country financial services group which requires us to implement Oracle Core and Digital technology in 8 countries across 3 regions – Africa, Middle East and Asia.