Risk sharing pays dividends for RCBC’s new core banking system implementation programme
Dennis Bancod, CIO of RCBC discusses how his experience with two previous core banking system implementations influenced his most recent approach at RCBC.
Philippines’ Rizal Commercial Banking Corporation (RCBC) was in good hands when it decided to implement a full back and front-end core banking system replacement. This was the third time that the bank’s chief information officer, Dennis Bancod, had been in charge of a core banking replacement program and the experience he brought to the task clearly paid off; the new Finacle core banking system running on Linux, on an IBM System Z mainframe platform went live in May 2012 and was stable within four months.
Bancod joined RCBC in 2007 as part of the new management team led by the bank’s…
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Categories: Core Banking
, Technology & Operations
, Dennis Bancod
, Lorenzo Tan
, Callatay & Wouters
, Business Analytics