Bank ABC has migrated its mobile-only digital bank, ila Bank, to Temenos’ cloud-native core banking platform hosted on Amazon Web Services (AWS), marking a key milestone in the Bahrain-based group’s broader core banking transformation programme.
According to Temenos, the migration represents the first phase of Bank ABC’s multi-year initiative to modernise and consolidate its core banking infrastructure across geographies. The move covers ila Bank’s retail account and lending operations and includes Temenos Payments and Temenos Data Hub.
The implementation was delivered by Systems Limited, a Temenos Delivery Partner, which will also provide end-to-end managed services for the platform.
Launched in 2019, ila Bank operates as a mobile-only digital bank in Bahrain. Following the go-live, its core retail and lending systems are now running on Temenos’ cloud-native core banking platform, enabling faster product development, improved scalability and seamless system integration through APIs.
The migration forms part of Bank ABC’s longer-term strategy to consolidate multiple back-end systems across operations in fifteen countries onto a single Temenos core banking platform. The bank said this approach will drive operational efficiencies and enable a consolidated view of customers across business lines and geographies.
Ismail Mokhtar, Group Chief Operating Officer at Bank ABC, said:
“The go-live of ila Bank on Temenos’ cloud-native core banking system marks an important milestone in our transformation programme. It strengthens our ability to deliver digital capabilities more efficiently and provides a foundation for the group’s broader technology consolidation.”
Santhosh Rao, Managing Director for the Middle East and Africa at Temenos, said:
“We’re proud to support the growth of one of the region’s most dynamic digital banks with our cloud-native core banking and payments technology, and we look forward to bringing this agility and advanced functionality to more of Bank ABC.”
Systems Limited added that the programme highlights Bank ABC’s strategic approach to cloud-based core banking modernisation and large-scale, multi-country deployments via bank fintech partnership.
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