Nouvobanq has chosen Oracle FLEXCUBE to help grow its retail and corporate banking operations.
The bank’s previous solution, used for the last 22 years, caused bottlenecks due to technology limitations that could not meet modern banking demands. It says that the new solution will provide a highly scalable infrastructure, enabling the Seychelles-based bank to meet its aggressive growth plans and quickly launch new services to market with its European partners.
Ahmad Saeed, managing director at Nouvobanq says: “As we are always looking to expand our offerings and maintain our market leadership position, we needed to invest in a scalable and flexible core banking platform to reflect the current and future market. The implementation of Oracle FLEXCUBE will provide us with extended functionality and interoperability, and help us bring new and innovative products to the market quicker.”
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