First Global Bank Partners with Profile Software for its Banking Solution

  • Banking
  • 23.07.2024 03:15 pm

Profile, a leading international financial solutions provider, has announced the implementation of its Smart Banking solution, Finuevo Suite, at First Global Bank. The solution meets the bank’s need for a modern end-to-end solution, providing front-end, digital onboarding and loan origination facilities. It has also successfully addressed the bank's requirements cost-effectively and flexibly, integrating a modern Digital and Core Banking platform with an open architecture.

First Global Bank Limited is a commercial bank operating in Jamaica, originally established in 1970 as The First National Bank of Chicago Limited. FGB, which is a subsidiary of the GraceKennedy Group, has consistently redefined the banking experience. FGB remains committed to delivering cutting-edge financial solutions with unparalleled customer service.

Profile’s end-to-end banking solution, Finuevo Suite (comprising Finuevo Core and Finuevo Digital), is an advanced solution that covers the entire range of banking and financing processes. By focusing on the bank’s unique needs, Profile has quickly and effectively bundled and prioritised the Digital Onboarding and Product Origination with Finuevo Suite. The solution provides completely digital functionalities including certification and digital onboarding, account origination, loan origination, automatic credit check, instant loan approval and initiation of the loan, credit card origination and full monitoring of the progress of the customer loans’ applications.

The Finuevo Suite enables FGB to realise its smart brand strategy by seamlessly integrating digital and physical banking channels. The integration enhances customer retention, transforms the customer experience with real-time system integration helping to reimagine how the bank interacts and transacts with clients.

The modular architecture of the solution will enable FGB to rapidly deploy diverse and innovative financial products and services. The cloud base implementation of Finuevo Suite has allowed the bank to further reduce their operational costs, stay competitive, actively deploy new services and increase security and scalability.

Mrs. Terry-Ann Graver, Chief Operations Officer at First Global Bank, says that “Implementing Profile’s Finuevo Suite marks a significant milestone in our digital transformation journey. This smart solution enables us to provide our customers with an enhanced digital banking experience, positioning us for sustainable growth and operational excellence”.

Mr. Evangelos Angelides, Chief Executive Officer at Profile, says that “We are proud to partner with First Global Bank. The deployment of Finuevo Suite marks a significant milestone in our international expansion strategy. This partnership underscores our strategic focus on the region. The rapid implementation of our solution is a testament to the bank’s confidence in our capabilities and commitment to excellence”.

Profile remains committed to its vision of providing innovative solutions based on cutting-edge technology, enabling financial institutions to navigate complex financial ecosystems with confidence and agility.

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