Global Solutions Limited (GSL), distributors of TEMENOS banking software in West Africa, has announced a new partnership with four global IT solution providers.
The four, namely, Fiorano, Digital Persona, R-Systems and Verisim, offer a range of IT support services to financial institutions.
These partners specialise in critical IT solutions such as biometric identification verification, provision of a secure, scalable platform for a "real-time information network" for financial institutions, as well as provision of software simulation solutions for training, among others.
At a GSL partners and clients meeting in Accra, the Director, Strategic Sales and Marketing, GSL, Mr Olufemi Muraino, said the signing on of these companies would boost the services it rendered to financial institutions.
“The partnership we have gone into today should actually enhance our suite of products that we offer to financial institutions. Although we (GSL) meet the core banking needs, the dynamism in the industry require that biometric becomes critical, which naturally does not come with the core banking applications. Also, training tools does not come with these core applications; something we need to do,” he said.
Of the four companies, Fiorano integrates complementary banking services such as ATM, SMS and Internet banking with core banking services to boost operational efficiency and productivity among banks.
The Director of Business Development, Fiorano, Mr S. S. Tarakaram, said the latest deal would allow the software company to make a strong incursion into the sub-region.
“Most of the banks are running point-to-point integration and manual coding. Should there be a change in management at the Bank of Ghana, the turnaround time in getting the business up for the bank is huge. Fiorano cuts down that time by more than 70-80 per cent,” he said.