Ecobank has launched Fundtech’s Global CASHplus cash management system across its network of affiliates.
The bank has implemented the payments, receivables and balance reporting modules of Global CASHplus, covering 30 countries throughout Africa. Oti Ikomi, group head of corporate banking products at Ecobank, says: “Growing our transaction banking business across Africa is a key objective for the bank. We require a cash management system that is flexible enough to accommodate varying business practices across our network and powerful enough to meet the high volume of transactions that it will support. The implementation of Global CASHplus is customised for us as Ecobank Omni is a key strategic step in strengthening our competitiveness across Africa.”
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