Best Cloud-Based Implementation in Small Banks goes to Alex Bank and Temenos
This bank’s implementation of cloud-based systems provided by Temenos, including the Analytics application and Financial Crime Mitigation module, has brought significant innovations such as same-day personal loans and a real-time data-driven streaming platform for loan origination.
The bank has witnessed remarkable growth, with a 48% increase in customers, a 530% rise in deposit value, and a 45% surge in personal loans in 2022.
Its focus on security through security operation centres and monitoring solutions further demonstrates its commitment to excellence.
For demonstrating power of technology in driving growth and innovation, the award for Best Cloud-Based Implementation in Small Banks goes to Alex Bank and Temenos.