Infosys successfully implements Finacle banking solution across Wema Bank, Nigeria

17 Apr 2012 Evaluate

Infosys has successful carried on the implementation of Finacle core banking, retail e-banking and treasury solutions across Wema Bank’s 137 branches in Nigeria within a record time of eight months. Built on new generation technologies, open standards and service oriented architecture, the solutions currently support over 1.3 million user accounts and is central to Wema Bank’s aggressive growth strategy that is anchored on delivering exceptional customer experience; primarily through personalized offerings and more efficient banking services.

Finacle’s robust implementation policy enabled Wema Bank to move its 137 branches simultaneously to the new centralized banking system significantly reducing both implementation time and costs.

Established in 1945, Wema Bank is reputably Nigeria’s longest surviving indigenous Bank. With a distinctive industry brand of Relationship Banking, Wema Bank provides a wide range of financial services including Institutional Banking, Corporate Finance, Retail banking, e-business services and advisory services to a diversified client base.

Finacle from Infosys partners with banks to power-up their innovation agenda, enabling them to differentiate their products and service, enhance customer experience and achieve greater operational efficiency. This proven and effective framework for multi-disciplinary change enables banks to shift their strategic and operational priorities.

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