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JS Bank Upgrades ​I​ts Core Banking System Temenos T24 R14

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JS Bank Upgrades ​I​ts Core Banking System Temenos T24 R14

JS Bank has overhauled its center managing an account framework to Temenos T24 R14. The bank has been utilizing T24 center keeping money framework for almost 10 years and has effectively moved the majority of the operations at its head office and branches to the most recent form of Temenos lead center stage. The overhaul will upgrade the innovation stage in accordance with the bank’s center to enhance client encounter and give a more extensive scope of item offerings.

Commenting on the occasion, Khalid Imran, CEO JS Bank stated “Temenos Core Banking System upgrade to R14 will enable the bank to further increase its operational efficiencies and improve its compliance and risk management functions. It will also provide the Bank an advanced banking platform to position itself to launch innovative products & digital banking services for the customers”.

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Imran Soomro, CIO JS Bank said “T24 R14 version offers an advanced & agile banking platform which bridges the fintech gap to offer rapid & customized services to the customer who prefers branch banking as well as the digital age customer”.

Earlier this year JS Bank opened its first branch outside Pakistan, in Bahrain. The announcement followed the awarding of a wholesale banking license to JS Bank by the Central Bank of Bahrain in 2015. The Bahraini branch is also underpinned by the T24 R14 core banking system.

Temenos, the product for managing an account and fund, was as of late perceived as the world’s top of the line seller of center keeping money programming by the Annual alliance. The framework update venture and the specialized administrations were performed for the benefit of Temenos by Pakistan-based National Data Consultants (NDC), the merchant’s territorial accomplice…….

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