KENYA – Orion Innovation, a digital transformation and product development services firm, has signed a deal with Stanbic Bank Kenya to facilitate a core banking upgrade and modernization effort.
As part of the agreement, Orion will implement Temenos’ cloud-based digital banking platform within Stanbic Bank Kenya’s operations, enabling enhanced customer experiences and delivering innovative digital solutions.
“We are excited to partner with Stanbic Bank Kenya on the bank modernization initiative,” said Anoop Gala, Orion’s Global Head of Financial Services.
“Our team is committed to fueling digital innovation in the African Financial Services market by securing our banking partners to deploy advanced implementation tools that ensure compliance and advance their project timelines.”
Orion, a globally certified & trusted Temenos partner, was selected as Stanbic Bank Kenya’s partner to upgrade its Transact application from R17 to R23 and migrate from TAFC to the new TAFJ standard.
The ambitious project involves 90+ integrations and 6000+ local code conversions. Stanbic Bank Kenya will use Orion’s industry-leading Test Automation tools and services to accelerate the project timeline.
Orion Innovation is a global digital transformation and product development services firm with a team of approximately 6,400 associates.
Rooted in engineering and design thinking, Orion serves clients in various industries, including High-Tech, Telecom and media, Sports and entertainment, Professional Services, Financial Services, and Healthcare.
“Our comprehensive offerings around Temenos, coupled with our proven track record in efficient and successful upgrades and integrations, were instrumental in Stanbic Bank Kenya’s decision to choose Orion as its trusted partner,” Suchen Janjale, Orion’s Head of Financial Services in Europe, said.
Dr. Joshua Oigara, Stanbic Bank Kenya and South Sudan Chief Executive said that technology and innovation are central to their continued growth in a highly digitized and complex banking environment.
“This upgrade adds to our technological capabilities and enables us to serve our clients better locally and globally. He added that we are proud to partner with Orion and leverage its strong background and expertise in driving system modernization,” he added.
On his part, Alex Siboe, Stanbic Bank Kenya’s Head of Technology, said that transforming the customer experience through technology is the cornerstone of the bank’s strategy.
“Aligned with our objective of delivering exceptional client experiences and superior value, we consistently work towards adopting the right technologies to drive efficiency and satisfaction for our clients,” he said.
“This upgrade fits into our digital transformation journey and will help us provide our customers with a seamless and superior banking experience.
“Furthermore, through this upgrade, we will not only enhance our operational efficiency but also offer innovative services to our customers, meeting their evolving needs in today’s digital era.”
Orion Innovation partners BNI Madagascar
Orion Innovation, earlier this month, joined hands with BNI Madagascar, the premier banking network in Madagascar, to revolutionize customers’ digital banking experiences.
The partnership aims to modernize BNI Madagascar’s digital banking infrastructure, enhancing customer experiences through innovative solutions.
BNI Madagascar is the nation’s leading banking network, widespread across all 23 regions. Renowned for its coverage and commitment to innovation, BNI Madagascar is dedicated to transforming the banking sector in Madagascar.
Orion Innovation will implement Temenos’ cloud-based core banking platform into BNI Madagascar’s operations, modernizing its product portfolio and delivering customers personalized, digital-first banking solutions.
The collaboration signifies a strategic move towards a comprehensive digital ecosystem, aiming to enrich customer experiences across various touchpoints.
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