More NewsEcobank Deploys Oracle Flexcube and Oracle Financial Services Risk Analytics

Ecobank Deploys Oracle Flexcube and Oracle Financial Services Risk Analytics

Pan-African bank Ecobank Transnational has implemented Oracle Flexcube Universal Banking and Direct Banking solutions, as well as Oracle Financial Services Risk Analytics, to standardise its processing platform across its affiliates in 30 sub-Saharan African countries. Enabling Ecobank to service more than 7 million customers via more than 1,100 bank branches represents Oracle Flexcube’s largest multi-country implementation in Africa to date.

The first phase of the project involved the migration of Ecobank’s affiliates in Nigeria, Ghana, Benin and Togo to Oracle Flexcube. Oracle worked with Ecobank to standardise the business and change management processes and the corresponding roll-out methodology. Oracle also created a central help desk function to facilitate a smooth migration. By November 2011, Ecobank had successfully rolled out Oracle Flexcube across an additional 26 countries, replacing older banking applications and legacy systems.

Arnold Ekpe, chief executive officer (CEO), Ecobank Transnational Incorporated, said: “Ecobank is committed to service excellence and efficiency through the use of best-in-class technology. By deploying Oracle Flexcube, we have aligned our network to provide superior service and a consistent experience for our customers across the African continent.”

Related Articles

Preparing for GDPR? Here’s four things to consider

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

3m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

3m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

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

3m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

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

4m 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

4m 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

4m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

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

4m Tasja Botha
FX for corporates: 5 best practices for treasurers

Economy FX for corporates: 5 best practices for treasurers

4m Mateo Graziosi