A statement from Inlaks informed that the bank will power its digital transformation journey using Temenos T24 Core Banking and additional solutions including Temenos’ Front Office Suite, analytics and reporting, payments solution, risk and compliance and Islamic banking capabilities.
Managing Director, Africa Operations of Inlaks, Femi Adeoti said, “We are delighted to partner with Temenos in executing this landmark deal which will see Temenos T24 replacing an entrenched core banking application in Francophone countries across Africa”.
According to him the project would be implemented in seven countries comprising Cameroun, Côte d’Ivoire, São Tomé and Príncipe, the Democratic Republic of the Congo, Liberia, South Sudan and Guinea at its first phase.
Inlaks would implement the Temenos software and would enable the bank to introduce new products and services more quickly, support its growth ambitions and continue to pursue its vision to become the most innovative bank in Africa.
“The bank will also offer market-leading services to its customers through enhanced digital channels”, he said.
Inlaks had implemented a similar project in six countries of the West Africa Monetary Institute comprising Gambia, Ghana, Guinea, Nigeria, Liberia and Sierra Leone. The project was an African Development Bank (ADB) sponsored project in collaboration with West African Monetary Institute (WAMI).
Inlaks is a leading system integrator in Sub-Saharan Africa. The company partners leading OEMs in the technology industry to provide world-class information technology solutions that exceed the needs of its customers.
Over the years, Inlaks has built a reputation as the foremost ICT and infrastructure solutions provider, helping customers effectively seize new market and service opportunities.
With an impressive customer base that includes six Central Banks in West Africa, 18 of the 24 banks in Nigeria and other major customers in the West African region, Inlaks has become the dominant ICT in Africa.
The company’s customers cut across various segments including banking, telecommunication, oil and gas, power, utilities and the distribution sectors of the economy.