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Tunisia: UBCI picks Finastra to support trade and cash management

Finastra announced that Tunisia’s “Union Bancaire pour le Commerce et l’Industrie” (UBCI) has selected Finastra’s Fusion Corporate Channels to support trade and cash management.

The best-in-class digital banking offering will enhance the customer experience for the bank’s corporate clients, while reinforcing its position as a leader in the market for transaction banking, it said in a statement

Nadia Maslah, Chief Information Officer at UBCI was quoted as saying: “Finastra’s Fusion Corporate Channels stands out with its proven capabilities that support growth and corporate banking digitalization. The end-to-end automation of cash and trade services will enable our clients to grow their business through the highest quality digital experience. We look forward to building a new level of client satisfaction with Finastra’s expertise and knowledge of the corporate banking market.”

Fusion Corporate Channels is an industry-recognized digital banking platform with deep functionality across corporate banking services. The solution delivers a single, intuitive portal to unify trade, cash, supply chain finance, lending, and treasury services for corporate clients, giving them the digital channel they need for a holistic view of their business that can be used on demand and on any device.

“As one of Tunisia’s most forward-thinking banks with a corporate banking platform, UBCI is paving the way for digital transformation of corporate banking in Tunisia,” said Kamal El Khoury, Managing Director for Middle East, North Africa and Turkey, Lending at Finastra.

“With our open banking architecture which enables a smooth integration, we look forward to helping UBCI enhance its operations and generate growth for the bank and its corporate clients alike.”

The solution is being implemented with Finastra’s partner, Tesselate, according to the same source.

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