More NewsErste Bank Selects Finantix for Core Banking Strategy

Erste Bank Selects Finantix for Core Banking Strategy

Erste Bank has selected Finantix technology for multi-country use as part of its core banking renewal strategy, in order to implement common customer facing processes, in several languages, currencies and countries. Erste Bank has undergone rapid growth in eastern Europe in the past few years by acquiring some 10 banks in countries such as Slovakia, Czech Republic, Serbia, Hungary, Ukraine, Romania and Croatia. While its member banks now have opportunities in expanding markets, in some cases they also face euro transition challenges, hence the requirement for a software solution. Finantix’s technology aims to provide local banks with the ability to tailor their banking processes to specific market requirements. With the new technology, Erste Bank should be able to handle both the immediate euro accession requirements and ongoing, market-driven demands.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha