Orabank group successfully goes live with Sopra Banking Amplitude in 12 countries

Orabank group successfully goes live with Sopra Banking Amplitude in 12 countries
13.12.2016 11:00 am

Orabank group successfully goes live with Sopra Banking Amplitude in 12 countries


Oragroup announces successful completion of its IT system overhaul and standardisation programme, in partnership with Sopra Banking Software.

In order to meet its ambitious development plan objectives and to respond to upcoming digital issues, one of the challenges Oragroup had to tackle was implementing a standardised, efficient IT system in all the group’s subsidiaries, located in 12 countries. Oragroup engaged Sopra Banking Software’s services to implement Sopra Banking Amplitude, a core banking solution, in all of the group’s banks. The solution uses an integrated approach to combine banking production and multichannel distribution functions dedicated to the digital world.

‘Having a standardised IT system is essential for Orabank group’s transformation. Amongst other things, this enables the group to optimise performance and produce uniform reporting at a group level. We will only benefit from Synergies generated across our large banking network if our IT systems are effectively standardised.’explained Binta Toure Ndoye, Chief Executive Officer Oragroup. ‘Implementing a new universal system in all our banks has meant, for example, we can accelerate new product launches and speed up automation of all our activities.’

The 12 Amplitude migration projects were successfully completed within the ambitious three-year deadline. Furthermore, the existing systems were all different, and the banks are located in various countries, and currency areas. An additional challenge to overcome was the merger of the Banque Togolaise de Développement and Orabank Togo. Sopra Banking Software’s experience made it possible to secure this large-scale project within the deadlines set in advance, while enabling the group to successfully complete its ambitious development plan.

Sopra Banking Software is helping banks in Africa to develop and operate their digital transformations; over 180 financial institutions in the region rely on Sopra Banking Software’s solutions, in about thirty countries.


Related News

ClearBank and Tide Granted £25M to Help UK SMEs Recover From Pandemic

ClearBank, the cloud-native clearing bank, in partnership with Tide, the UK’s leading business banking platform [1], have been awarded £25m to... Read more »

Temenos Offers E2E Digital Account Opening and Funding in 90 Seconds

Temenos (SIX: TEMN), the banking software company, today announced that Temenos Infinity now offers a real-time, end-to end account opening and onboarding... Read more »

Finzly Wins “Best Enterprise Payments Solution” and “Best of Show” at FinovateFall 2020

Finzly, a fintech provider of modern banking applications for foreign exchange, trade finance,... Read more »

EasySend Raises $16M to Enable Insurance Companies and Financial Institutions to Build a No-Code Digital Future

EasySend, the no-code AI-powered platform transforming manual processes into digital journeys, today announced it has raised $16 million in funding following... Read more »

XPS Accelerates Growth using Cashfac’s Virtual Accounts Platform

XPS Pensions Group is one of the largest pensions consultancies in the UK. They manage the day-to-day administration of over 1,000 corporate pension schemes,... Read more »

Tribe Payments and Currencycloud Partner to Bring New BaaS solution to Fintechs and Digital Banks

Currencycloud, the leader in providing B2B embedded cross-border solutions, and Tribe Payments, a tech company dedicated to deliver the future... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel