- Company: Stanbic Bank Kenya, part of South Africa’s Standard Bank Group.
- Project: Upgrading its Temenos core banking system.
- Partner: Orion Innovation, Temenos’ regional implementation partner.
- Upgrade Details:
- Upgrading from Temenos Transact application R17 to R23 cloud-based digital banking platform.
- Migrating from TAFC (proprietary application framework) to TAFJ (Java-based application framework).
- Benefits of TAFJ: Portability, scalability, robust performance.
- Project Scope:
- Over 90 integrations.
- More than 6,000 local code conversions.
- Use of Orion’s test automation tools to accelerate project timeline.
- Background:
- Stanbic Bank Kenya has used Temenos core banking tech since 2010.
- Previously used Kindle Banking Systems’ Bankmaster.
- Objective: Enhance operational efficiency and offer new services to meet evolving customer needs as part of the bank’s digital transformation journey.
- Statement: Alex Siboe, head of technology, emphasized the upgrade’s role in fitting into the bank’s digital transformation journey and improving operational efficiency
