Temenos, the banking software company, today announced that the Arab Tunisian Bank (ATB) has become the latest bank in the country to select Temenos for its digital transformation program.
ATB will transform its bank with Temenos Infinity, the breakthrough digital front office product, and Temenos T24 Transact, the next generation core banking software. These two banking software products combined with Temenos Payments Hub, Advanced Analytics and Financial Crime Mitigation (FCM) will enable ATB to benefit from an end-to-end digital banking platform, which will bring business agility and innovation.
ATB selected Temenos for its packaged model bank functionality and advanced cloud technology to meet its objectives, which are to increase revenues by 40% in 2020 and double the total number of deposits with new product launches.
The bank was looking for an open, API-first and robust digital banking platform to help achieve its plans for future growth. ATB also selected Information Technologies Solutions & Services (ITSS) as its implementation partner. The bank will leverage ITSS global experience and local expertise in Tunisia for a fast and predictable implementation.