The Arab Tunisian Bank (ATB) on Thursday announced the launch of its scalable banking platform, Temenos. In this initial phase, ATB begins its core banking transformation for its retail and corporate banking activities.
This is a new step allowing it to free itself from the constraints of the past in order to accelerate its digitalization and the marketing of its new products.
Thanks to Temenos’ open platform, ATB is positioning itself in the market as a customer-centric bank through technology and innovation. The bank is leveraging the core banking and digital banking capabilities developed by Temenos, to create new growth opportunities, increase process efficiency and deliver an optimized customer experience.
“We are delighted to complete the successful migration of our retail and corporate banking customer accounts to the Temenos Core Banking Platform. This go-live is a major step forward in the bank’s strategic roadmap and to further develop the digital transformation,” said Ahmed Rjiba, CEO of ATB.
The first phase of the project was carried out in collaboration with Temenos and the integrator partner, Information Technology Solutions and Services (ITSS), in charge of the implementation.
This first phase includes both Temenos Banking Capabilities for Accounts, Lending, Deposits and Financial Crime Mitigation, and the migration of retail and corporate accounts to the Temenos platform.
The bank’s other operations will be deployed in later phases using the Temenos platform’s front-to-back banking capabilities.
Specifically, the second phase of the implementation will involve Temenos Banking Capabilities, digital banking, payments and enterprise risk management.
This will enable ATB to rapidly and sustainably evolve its business. Indeed, the new Temenos platform will facilitate collaboration between ATB and the ecosystem to create new business models in the near future.
Ahmed Rjiba said, “Temenos gives us the agility we need and secures the future of our technology infrastructure to develop sustainably and leverage new growth opportunities. A modern and agile banking platform is essential to develop products and services and to adapt to changing customer expectations and market developments.”
