Bahrain’s Bank ABC has completed the migration of its digital-only subsidiary, ila Bank, to the Temenos core banking platform hosted on Amazon Web Services (AWS).
This represents the first stage in a larger transformation programme involving Temenos technology.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The transition also covered Temenos Payments and Data Hub.
Systems Limited, acting as a system integrator and Temenos Delivery Partner, executed the migration and will continue to provide managed services for the platform.
Ila Bank, which launched in 2019 and operates entirely via mobile channels, has now moved its retail account and lending functions onto the new platform.
The use of Temenos’ cloud-native infrastructure is intended to provide the operational flexibility and integration capabilities required for future developments.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataBank ABC Group chief operating officer Ismail Mokhtar said: “The go-live of ila Bank on Temenos’ Cloud-native core banking system marks a significant milestone in our strategic transformation as MENA’s international bank of the future.
“This achievement strengthens the bank’s ability to accelerate digital innovation and respond even more swiftly to customers’ needs. It also provides a robust foundation for Bank ABC’s broader transformation as we continue to drive efficiency and enhance our international operations.”
Bank ABC’s broader plan involves consolidating various back-end systems across 15 countries onto the Temenos core banking system.
The architecture is designed to facilitate integration with new capabilities and open banking services.
Temenos MEA managing director Santhosh Rao added: “Congratulations to Bank ABC on the successful go-live at ila Bank. We’re proud to support the growth of one of the region’s most dynamic digital banks with our cloud-native core banking and payments technology, and we look forward to bringing this agility and advanced functionality to more of Bank ABC.”
In November last year, Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) finalised its own move to the latest version of Temenos’ solution, deployed on Red Hat OpenShift with support from Systems Limited.
