Central Bank of Botswana Goes Live With Temenos

The Bank of Botswana has gone live with Temenos T24. Bank of Botswana, the central bank for the country, has implemented Temenos T24 in all of its branches, including the head office, main branch, and satellite branch. The bank said it will integrate the system with its other applications in order to carry out customised reporting, transaction back-dating and back-up procedures. Julius Ghanie, IT director, Bank of Botswana, said: “We required an integrated banking solution for our banking, accounting and financial markets departments to replace our incumbent system. We selected Temenos because it has proven experience in the central banking market, having implemented central bank solutions in countries such as Swaziland, Zimbabwe, Zambia, and Pakistan. In addition, the system is able to increase our overall efficiency, particularly by eliminating the need to capture information manually into different systems.”