Orion has signed a deal with Stanbic Bank Kenya to facilitate a core banking upgrade and modernisation effort. As part of the agreement, Orion will implement Temenos’ cloud-based digital banking platform within Stanbic Bank Kenya’s operations, enabling enhanced customer experiences and delivering innovative digital solutions.
Orion selected as Stanbic Bank Kenya’s partner to upgrade its Transact application from R17 to R23 and migrate from TAFC to the new TAFJ standard. The project involves 90+ integrations and 6000+ local code conversions.
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To accelerate the project timeline, Stanbic Bank Kenya will use Orion’s Test Automation tools and services
Anoop Gala, Orion’s Global Head of Financial Services, said: “We are excited to partner with Stanbic Bank Kenya on the bank modernisation initiative. Our team is committed to fueling digital innovation in the African Financial Services market by securing our banking partners in deploying advanced implementation tools which ensure compliance and advance their project timelines.”
Joshua Oigara, Stanbic Bank Kenya and South Sudan Chief Executive, commented: “Technology and innovation are central to our continued growth in a highly digitised and complex banking environment. This upgrade adds to our technological capabilities and enables us to better serve our clients both on a local and global scale. We are proud to partner with Orion and to leverage its strong background and expertise in driving system modernisation.”
Alex Siboe, Stanbic Bank Kenya Head of Technology, added: “Transforming customer experience through technology is at the cornerstone of the bank’s strategy. Aligned with our objective of delivering exceptional client experiences and superior value, we consistently work towards adopting the right technologies to drive efficiency and satisfaction for our clients. This upgrade fits into our digital transformation journey and will help us provide a seamless and superior banking experience to our customers. Furthermore, through this upgrade, we will not only enhance our operational efficiency but also offer innovative services to our customers, meeting their evolving needs in today’s digital era.”
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