Bank ABC moves digital-only unit to Temenos core platform

Group 1 - Bank ABC has successfully migrated its digital-only subsidiary, ila Bank, to the Temenos core banking platform hosted on Amazon Web Services (AWS), marking the first stage of a larger transformation program [1][2] - The migration includes Temenos Payments and Data Hub, with Systems Limited acting as the system integrator and Temenos Delivery Partner [1][4] - The transition aims to enhance operational flexibility and integration capabilities for future developments in ila Bank's retail account and lending functions [2][4] Group 2 - Bank ABC's COO, Ismail Mokhtar, stated that the go-live of ila Bank on the cloud-native core banking system is a significant milestone in the bank's strategic transformation [3][4] - The achievement is expected to accelerate digital innovation and improve responsiveness to customer needs, providing a robust foundation for Bank ABC's broader transformation across 15 countries [4][5] - The architecture of the new system is designed to facilitate integration with new capabilities and open banking services, supporting the growth of digital banking in the region [5]