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Core Banking Upgrade for a Leading Bank in Ghana

2020-02-28T18:10:35+05:30

Financial Solutions Case Studies

Core Banking Upgrade for a Leading Bank in Ghana

One of the leading banks in Ghana, partners with JMR to upgrade its core banking system

Executive Summary

One of the largest indigenous financial institutions in Ghana was facing serious performance issues with its IT systems, including its database and its core banking system.

The setup of core banking systems was not optimal and it involved two different applications for retail and corporate, namely FLEXCUBE Retail and FLEXCUBE Corporate. There were GL reconciliation issues between the two applications.

To keep up with its growth objectives, the client had to embrace latest technologies for its IT systems and revamp the core banking system to increase operational efficiency and to be future-ready. JMR Infotech was selected as the technology partner for the technology transformation project.

JMR’s expertise in Oracle FLEXCUBE ensured that the team had the right strategy and service propositions and all the disparate systems in the Bank’s IT landscape were seamlessly integrated with the new core banking system.

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