South Africa-based Nedbank has selected Oracle FLEXCUBE to enhance its infrastructure and customer service delivery.
The Oracle FLEXCUBE will allow Nedbank to bring all its operations across five South African countries Lesotho, Malawi, Swaziland, Namibia and Zimbabwe to a single operating platform.
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Nedbank chief information officer Fred Swanepoel said they will be consolidating their operations across the region by leveraging the capabilities of Oracle FLEXCUBE and experience the team has in delivering the projects in Africa.
"When we are complete with the migration from our existing application to FLEXCUBE we will have a common operating platform in the 35 countries of EcoBank Nedbank alliance, the largest banking network in Africa," Swanepoel added.
Oracle Financial Services CEO and managing director Chet Kamat said Nedbank is taking an important step forward in streamlining its business operations to improve service delivery and enhance the customer experience across its network.
"Oracle FLEXCUBE enables NedBank to achieve its goals for consolidation to the bank and also enables NedBank to design products, test the same before launching them across the countries from its facility in South Africa," Kamat added.
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